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Introduction of IT Industry

Apr 08, 2018

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    The information technology (IT)

    industry has become of the most robust

    industries in the world. IT, more than

    any other industry or economic facet,

    has an increased productivity,particularly in the developed world,

    and therefore is a key driverof global

    economic growth. Economies of scale

    and insatiable demand from both

    consumers and enterprises characterize

    this rapidly growing sector.

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    The Information Technology Association of

    America (ITAA) explains 'information

    technology' as encompassing all possible

    aspects of information systems based oncomputers.

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    Product

    Pricing

    Place

    Promotion

    People

    Process

    Physical evidence

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    1. Application Software

    Manual to automatic

    Eg: Power plant, GMR

    Repeat order byspecialising in the field

    2. Professional Service

    Lack of skilled personnel Outsourcing of process Export service. Eg: Passport Services

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    3. System Integration

    Software as a service (SAAS) Providing end-to-end software

    solutions Enterprise Resource Planning(ERP)

    SAP solutions

    4.Maintenance Service

    Difficult to maintain largeprofile

    Time consuming process Eg:Real time services like

    airline booking system

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    5. EducationAnd Training External trainers Need for constant updating of skills

    6. Technology oriented applications Technology explosion Concentrate on specific technologies Eg: Fuel injection system in cars and

    robotics or Android

    7. Software packages Standard software packages Large segment in the I.T sector Eg:Mirosoft office

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    anking and Insurance

    Tourism & Hospitality

    Transport

    Marketing of Securities

    Health care

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    YearProduction

    (Rs. crore)Growth (%)

    2004-05 152,420 28.9

    2005-06 190,300 24.9

    2006-07 244,000 28.3

    2007-08 295,820 21.2

    2008-09 372,450 25.9

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    Year/ Item2001-

    02

    2002-

    03

    2003-

    04

    2004-

    05

    2005-

    06

    2006-

    07

    2007-

    08

    2008-

    09CAGR

    IT-ITeSExports 7.6 9.5 12.9 17.7 23.6 31.1 40.4 46.3 28.6

    IT-ITeSDomestic 2.6 3.0 3.8 4.8 6.7 8.2 11.7 12.4 22.2

    Total 10.2 12.5 16.7 22.5 30.3 39.3 52.0 58.7 26.9

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    Year/ Item2001

    - 02

    2002

    - 03

    2003

    - 04

    2004

    - 05

    2005

    - 06

    2006

    - 07

    2007

    - 08

    2008

    - 09

    CA

    GR

    IT Service 5.8 5.5 7.3 10.0 13.3 17.8 23.1 26.5 23.2

    ITeS-BPO 1.5 2.5 3.1 4.6 6.3 8.4 10.9 12.7 39.2

    Software Products, EngineeringServices

    0.3 1.5 2.5 3.1 4.0 4.9 6.4 7.1 48.5

    Total IT-ITeS 7.6 9.5 12.9 17.7 23.6 31.1 40.4 46.3 28.6

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    Year/ Item2001

    - 02

    2002

    - 03

    2003

    - 04

    2004

    - 05

    2005

    - 06

    2006

    - 07

    2007

    - 08

    2008

    - 09

    CA

    GR

    IT Service 2.1 2.4 3.1 3.5 4.5 5.5 7.9 8.3 19.5

    ITeS-BPO 0.1 0.2 0.3 0.6 0.9 1.1 1.6 1.9 44.5

    Software Products, EngineeringServices

    0.4 0.4 0.4 0.7 1.3 1.6 2.2 2.2 23.7

    Total IT-ITeS 2.6 3.0 3.8 4.8 6.7 8.2 11.7 12.4 22.2

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