1. TOPIC : REVOLUTION IN
INFORMATION TECHNOLOGY
SUBMITTED TO: DR. S.S BEDI &
VASUDA JAIN
2. GROUP MEMBERS:
NAME: DAKSH
KAPOOR
ROLL NO:
22102019
NAME: DANISH
SINGH
ROLL NO:
22102020
NAME: VARDHAN
ROLL NO:
22102018
NAME: BALWANT
KUMAR
ROLL NO:
22102017
NAME: AVNEESH
RANJAN
ROLL NO:
22102016
3. TABLES OF CONTENTS:
1. Introduction
2. Early Beginnings (1950s – 1980s)
3. Turning Point (1990s)
4. Before and After Revolution in IT
5. The Rise of the Indian IT Industry
6. Impact of IT on Business
Operation
7. IT and Management
Challenges
8. Positive and Negative Aspects
4. What is Revolution in Information
Technology ?
India's revolution in
information technology,
often referred to as the "IT
revolution," has been a
period of rapid growth and
development in the IT
sector, transforming the
country's economy and
society.
5. Early Beginnings (1950s- 1980s)
The initial phase of IT development in India
was marked by the introduction of
mainframe computers primarily used for
government and academic purposes. The
establishment of PSUs , TCS and Infosys
during this period laid the groundwork for
the future growth of the IT industry. The
economic reforms of the 1980s opened
doors for foreign investment and the
emergence of private players, further
propelling the IT sector forward.
8. The Turning Point : The 1990’s:
The liberalization of the telecom sector in
1991 led to a surge in internet connectivity
and communication infrastructure. The rise
of Business Process Outsourcing (BPO) and
call centers offered new employment
opportunities and foreign exchange
earnings. The Y2K bug triggered a global
demand for IT professionals, further
propelling India's IT sector onto the world
stage.
9. Before Revolution:
• Limited Exposure: Before globalization, the
Indian IT sector had limited exposure to
international markets. The industry primarily
focused on serving domestic clients, with a few
exceptions.
• Limited Services: The range of services
provided by Indian IT companies was more
limited. They were primarily engaged in
software development and maintenance, with a
focus on cost-effectiveness.
• Foreign Exchange Controls: Strict controls
were in place regarding foreign exchange
transactions. Companies faced challenges in
obtaining foreign currency for imports and
international transactions.
• For about 100-200 companies focusing on IT
services, government projects, and basic
software development before 1991.
After Revolution:
• Global Market Dominance: The impact of
globalization transformed the Indian IT sector into a
global powerhouse. Indian companies gained access
to international markets, securing contracts from
clients around the world.
• Diversified Services: The scope of services
expanded significantly. Indian IT companies
diversified into various domains, including software
development, business process outsourcing (BPO),
and more.
• Foreign Direct Investment (FDI): FDI norms were
relaxed, allowing foreign companies to invest more
freely in the Indian IT sector. This led to increased
collaborations, joint ventures, and the establishment
of foreign-owned IT companies in India.
• About 100,000 IT-BPM companies came in India
after 1991. This figure includes both large and small
firms.
10. The rise of the Indian IT Industry:
India emerged as a global IT hub
in the late 20th century.
Factors contributing to this rise:
o Large pool of skilled and
educated workforce.
o Cost-effective labor
compared to Western
countries.
o Government support
through policies and
infrastructure
development.
11. Impact of IT on Business Operations:
Improved Efficiency and Productivity: IT tools and systems automate
routine tasks,
streamline processes, and enhance overall efficiency. This leads to increase
productivity
as employees can focus on more complex and strategic aspects of their
work.
Enhanced Communication and Collaboration: Real-time communication and
collaboration across different locations is facilitated through the use of email,
video conferencing, project management tools, and collaborative platforms,
enabling teams to work seamlessly regardless of geographical distances.
Data Management and Analytics: IT enables businesses to collect, store,
and analyze
vast amounts of data. Advanced analytics and business intelligence tools
provide
valuable insights, helping organizations make informed decisions and
12. IT and Management Challenges:
• Challenges associated with IT adoption in India:
o Digital literacy gap: A significant portion of the
population still lacks basic IT skills, hindering their
ability to fully utilize technology.
o Cybersecurity threats: Businesses need to invest in
robust cybersecurity measures to protect themselves
from cyberattacks and data breaches.
o Infrastructure limitations: Uneven access to reliable
internet connectivity and power supply in some
regions can pose challenges for IT implementation
13. Positive Aspects of IT Revolution in India:
The IT sector has emerged as a key driver of India's economic growth. It has
contributed
significantly to the country's Gross Domestic Product (GDP) and has created
numerous
job opportunities across various skill levels.
The IT industry in India is providing job opportunities for a diverse range of
professionals, from software developers and engineers to project
managers and support staff. This has helped reduce unemployment and
underemployment in the country.
Indian IT companies have gained recognition and competitiveness on the
global stage.
Many Indian IT firms are recognized for their quality services, innovation,
and cost-
14. Continued…..
The IT revolution has fostered a culture of innovation and
entrepreneurship in
India. Startups in the technology sector have flourished, addressing
diverse
challenges and creating innovative solutions, particularly in areas
such as
fintech, health tech, and e-commerce.
IT solutions have had a positive social impact on various sectors, such as
healthcare, education, and agriculture. Technologies like telemedicine,
e-learning platforms, and precision farming have improved accessibility
and efficiency in these areas.
15. Negative Aspects of IT Revolution in India:
The demanding nature of IT jobs, especially during project deadlines, can lead to
significant work-life imbalance for professionals. Long working hours and tight
deadlines may negatively affect employee well-being and job satisfaction.
Ethical Concerns: The IT industry may face ethical challenges, such as
issues related to data privacy, surveillance, and the use of technology for
potentially harmful purposes. Companies must navigate ethical considerations
in their management practices.
Many Indian IT companies heavily depend on global markets. Economic
downturns or geopolitical events in client countries can impact the demand for IT
services, leading to uncertainties in the management of projects and resources.
16. CONCLUSION
The IT revolution in India has been an incredible journey,
full of accomplishments, challenges, and continuous
evolution. The resilience and adaptability demonstrated by
the IT sector highlight its essential role in shaping India's
future. In navigating the complexities of a rapidly changing
technological landscape, it is crucial to commit to
innovation, inclusivity, and ethical practices. By doing so,
we can ensure that the benefits of the IT revolution are
shared by all and contribute to the holistic development of
the nation.