Information Technology (IT) is the industry, which through the use of computers and other supporting equipment helps in the spread of knowledge. The term information helps in the spread of knowledge. The term information technology includes computers and communication technology along with associated software. Hanna N and Dugonjic (1995), therefore, are of the view in IT Industry, on the supply side are computer hardware and software, telecommunications equipment, and micro-electronic-based industries. On the demand side are applications of IT and all economic sectors.
Information technology for some time was used as synonymous to computers. But with the rapid advancement in various information delivery systems such as Radio, TV, Telephone, Newspapers, Fax and of course Computer Networks, information for use by various target groups in the society. IT has, therefore, been rightly termed as Information and Communication Revolution.
[...] In the in December 2006 level is and poised for strong growth this quarter. Infosys Technologies has set the ball rolling weathering a rupee appreciation 3.8 percent to register a not profit of Rs 983 core a sequential growth of in net profit and sequential increase in its Towline It prompted To once again vizier's guidance for the full year It now expects to cuss the billion level for 2006 -07 given the projected growth rate its net profit alone will be worth Rs.3700 crore in F.Y. [...]
[...] Table Communication and information Status in Selected Countries Per 1,000 Persons Radios Televisio Telephone Mobile Personal Internet Russian Source: Compiled from World Bank, World Development Indicators (2000), and UNDP Development Report (2003) Growth of Revenues of ITS Industry Table Total Indian IT Market Rs. cores US $ million As percent of Source: NASSCOM, IT Industry in India: Strategic 2003 review Table Broad Components of the IT Market in 2003-03 Rs. Cores US $ million Percent of Total peripherals and networking software services services exports Source: Compiled and computed from the data provided by NASSCOM, Strategic 2003 Review. [...]
[...] IMPORTANCE: Information Technology has changed the entire complexion of global economy new economic order is not merely new in policy but is new in precision. It is because of the application of information technology that “global fact has become “local “Though India is believed to have very late. In the age of information technology “Competitive strength of India in this respect has surpassed almost all countries of world typical assumption is found have not and void as long as institutional environment for IT in concerned. [...]
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