Introduction

IT is the area of managing technology and spans wide variety of areas that include but are not limited to things such as processes, computer software, information systems, computer hardware, programming languages, and data constructs

IMPORTANCE OF IT IN THE MODERN WORLD

It is more advanced and practical Helps in preparing assignments and projects It is a philosophy Creates awareness Online tuition teaching

Scope of IT Industry in India

Provides employment Generates foreign exchange Beneficial to other countries Results in more off shoring Increases employees job commitment Financial assistance and Government Support

Functions Significance Cost Effectiveness Benefits within

Businesses Job Creation

Impact of IT on business

Increased productivity and improved income

Effects on wages Benefits highly-

educated workers Widens

the earnings gap

Impact of IT on Workplace and Labor Market

Impact of IT on Agriculture

Provides an opportunity to compete with the developed nations

Provides fast and relevant information

Introduction of new technologies and methodologies

Changes to learning Changes to teaching Information Technology

and the potential of education

Changing the educational institution

Impact of IT on Education

Meet more friends Improved

communication using email, social networking

Quicker communication Less face to face

communication More chance of bullying.

Cyber stalking

Impact of IT on Private Life and Society

The impact of IT on the Government

Governments are not leaders in technology

Security breaches Transparency Life saver Can bridge the gap

between government employees and their citizens

The Growth Story

India is said to be a preferred destination

Growth of BPO Offering positive

business outlook for IT, ITeS and telecom

India's top technology firms plans for a bigger share

Government Initiatives

Constitution of the Technical Advisory Group for Unique Projects

Setting up the National Taskforce Enactment of the Information Technology Act Setting up of Software Technology Parks of India Plans to formulate Information Technology

Investment Regions

Advantages of IT

Globalization Communication Cost effectiveness  Bridging the cultural

gap  More time  Creation of new jobs 

Disadvantages of IT

Unemployment Privacy  Lack of job security  Dominant culture 

Recent developments

Infosys Media Centre in Electronic City, Bangalore

Tidel Park in chennai

Microsoft India hyderabad

Patni Knowledge Park Airoli