Information technology has significantly contributed to India's economic growth. IT allows for the storage, study, retrieval, transmission and manipulation of data. India's IT sector began growing rapidly in the 1990s due to telecom deregulation, the Y2K issue, and the dot-com boom. Today, India has the sixth fastest growing economy in the world, with the IT sector accounting for over 7.5% of GDP and 35% of exports. The IT industry employs over 3 million people and is expected to attract billions in foreign direct investment, demonstrating the important role IT plays in India's economic development.
2. OVERVIEW
• What is I.T ?
• Age of technology
• Dawn of i.T sector in india
• About indan Economy
• Scope of I.T in indian economy
• Growth of I.t sector in indian economy
3. WHAT IS I.T ?
• Information technology (IT) is the application of computers to
store, study, retrieve, transmit, and manipulate data, or
information.
• IT is considered a subset of information and communications
technology (ICT).
4. AGE OF TECHNOLOGY
• term information technology in its modern sense first appeared in
a 1958 article published in the Harvard Business Review authors
Harold J. Leavitt and Thomas L. Whisler commented that
"the new technology does not yet have a single established
name. We shall call it information technology (IT)."
5. PREMECHANICAL AGE
• One of the very first
information processors.
abacus a technology of pre
mechanical era from
3000 B.C. - 1450 A.D.
6. MECHANICAL AGE
• Pascaline One of the first
mechanical computing
machines
• Analytical engines
• Difference engine
7. ELECTRO-MECHANICAL AGE
• The Electromechanical Age: 1840 - 1940.
• Knowledge and information could now be
converted into electrical impulses.
• The Beginnings of Telecommunication.
• discovery that electrical waves travel through
space
• Voltaic Battery.
• Telegraph..
• Telephone and Radio.
8. ELECTRONIC AGE
• Electronic age
• The First High-Speed, General-Purpose
Computer Using Vacuum Tubes for calculation
• Stored-Program Computer(s)
Computer for Commercial Use
• Digital Computing.
• MS Windows
• Graphical User Interfaces
9. CURRENT AGE
• Nowadays computers are smaller yet that
chip in picture is more powerfull than most
of computers.
• 1ghz(mobile processor speed) is not even
considered in this huge numbers.
• A megaFLOPS (MFLOPS) = one million
• gigaFLOPS (GFLOPS) = one billion
• A teraFLOPS (TFLOPS) = one trillion
floating-point operations per second.
10. DAWN OF I.T SECTOR IN INDIA
• During the 1990s there were three back-to-back events that stimulated
investment in information technology:
1. telecommunications deregulation in 1996,
2. the ``year 2K'' problem 1998-99,
3. and the ``dot com'' boom in 1999-2000.
• The resulting investment boom led to a dramatic run-up of stock prices for
information technology companies.
11. ABOUT INDIAN ECONOMY
• World’s sixth fastest growing economy at 8.43 percent GDP growth
rate.
• India is a $1.5-trillion economy. Economy grew by 8.9 per cent in
the second quarter of the current fiscal, up from 8.7 per cent a
year ago.
• During the period 2010-2011, the annual growth rate of Indian IT
services industry has been over 35%. India is expected to be the
world’s fastest growing economy by 2018, according to Economist
Intelligence Unit (EIU) .
12. SCOPE FOR IT IN INDIA
• Economic survey revealed that IT - ITES sector created almost 3
million additional jobs this year and number will go on in the
immediate future.
• IT services will contribute over 7.5 % of the overall GDP. IT
Exports accounted 35% of the total exports with potential for 2.2
million jobs in IT in the year 2008.
• IT industry will attract Foreign Direct Investment (FDI) of U.S. $ 4-5
billion.