Asif ShahzadLecturer, CS Department

CIIT Lahore

Scope of Information Technology

February 20, 2013

Topics

• Theory of Wealth and Information Technology

• Business Models in Information Technology– Scope of Selected Models

• What Should I Do, Being an IT Student

• AQEEDA and DUA

Wealth and Money

• We start from going school daily, then join college and ends up at university. Almost 8 hrs daily commitment, for 16 years.

• This 16 years exercise develops a feeling, as we again need to go somewhere daily to do work (aka. job). Which is not correct.

• In fact its time we need to create wealth. Which is not money. Money follows wealth.

• Wealth is what we need

Wealth and IT

• So the more people’s needs we fulfill (i.e. the wealth we provide), the more money would follow.

• If you make a Chair, you can’t sell same Chair to even two customers

• If you make a software, you can sell it to millions of customers. Its only in IT.

• Its only field you can start a business in, with zero investment. And you alone are enough.

Business Models in IT

• Business or Earning Models: Order is important– Make products for consumer web/mob/desktop market.

Same product, millions of users. Almost all billionaires in IT industry followed this model.

– Work directly/indirectly for an individual client– Working at fixed wages – Job stands here

• You would automatically switch to bottom option, if you failed to utilize the earlier.

• Greater the distance from client, lesser the money• Try to decouple your value creation from time• If you can’t manage yourself, others will manage you

IT Jobs in Pakistan

Software and Web Development: 660 Jobs

IT Jobs in Other Countries

Open Freelance ProjectsMy Personal Findings , February 20, 2013

What Should You Do, Being an IT Student

• What we look when interview?• Languages and technologies may (in fact, will) obsolete

• Strong Concepts (i.e. theoretical knowledge of CS)– Algorithms as thinking paradigm (brute force, heuristics, greedy

algorithms, back tracking)– Object Oriented Design and Design Patterns– Good understanding of Network Protocols (e.g. TCP, IP, HTTP, UDP)– Strong data structure knowledge (the underpinnings)

• Do some great projects during your studies (for expertise, job, free lancing)

• Develop ability to learn, brainstorm, problem solving and effective communication

DUA

Thanks !

Questions orComments ?