The Information Technology Revolution

The new millennium is about to see a complete revolution in the history of mankind-the information technology revolution. Although information technology has already entered the homes, offices and hearts of our global citizens,yet some new feat are likely to be performed by our information technology experts within a period of a few years.

We know that information technology is the fastest growing field in the world. India has a major stake in this field and our software experts, hardware firms and information technology specialists have been contributing a great deal towards this ever growing field.For example,the annual revenues of Indian software industry would touch the US $10 billion mark by the year 2020. During 1995-96,the Indian software exports were 16.2 per cent in the global customized software market which is a great achievement keeping in mind that there was an overall recession in most the major economics of the world. Therefore, our interest in information technology is natural as Indians have already made their presence felt in this vital field.
Let us now discuss what lies ahead. We are already aware of mobile phones,pagers, LAN/WAN networks, high speed and thrilling games,Internet and finally,very high quality software for various engineering, scientific and business applications. The information technology experts are aiming even further. Let us have a look at the future.
The first major area of Information Technology (IT) in the next few years to come would be Electronic Mail (briefly termed as E-mail). This is a high speed communication made through Internet. An E-mail costs less then 1 Rupee per page and can be sent to or received from any corner of the world. This unique facility is already operational in the West. In India, it is catching up fast. It is cheap,economical and efficient.All we need is a computer (a Pentium computer with 32 MB RAM and 266MHz CPU speed would be good enough),an Email would be to medium of communication for the future. It would eliminate the need of postage,courier and telephonic conversation. Data, text, picture, tables and all types of types of special information can be transferred via the E-mail.
Second most vital area of development would be Electronic Commerce (also call E-com). E-com has already been initiated in Europe and the U.S.A. The concept is simple; we would send an E-mail to the nearest grocery shop for our daily grocery shop for our daily grocery needs.The information would be delivered at our door step. The concept of E-com goes even beyond this.
Corporate firms would float their tenders and projects through Internet. The vendors,managements consultants, engineering consultants and other business associates would discuss the project on-line through intern ate.The costing,
calculations,engineering details and prices would be shared on-line. The orders would be placed on-line and the executions would also be through Intern ate. The information transfer would involve engineering information and all types of text, graphics, tables and figures. The concept of E-com is picking up in the Indian industry as well.
Other vital growth areas of IT would include multimedia, animation,Internet, website development, Computer Aided Engineering, Computer Aided Design, Computer Integrated Manufacturing,Artificial Intelligence, Factory Automation and new facilities in telecommunications. The trends are healthy and are likely to spread through the Indian subcontinent. However, resource shortage, industrial recession,policies of the government and above all, global IT trends could adversely affect the growth of the It products and services in India. Let us hope that the healthy trends spill over into the new millennium.


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