Great IT revolution is here to stay!

Great Information Technology (IT) revolution is here to stay!


Information Technology has now become an integral part of personal life and a change agent to the business and people across the world. It is transforming and changing the way we live, communicate and do business not only in personal life but also in work life.

More and more business across the world are using these technology to stay competitive and productive and to compete not only in their domestic markets but also in the Global market.

In the last 10 years, IT has been improved tremendously and made the communication easier and allowed people across the world to stay connected 24 X 7. Especially Internet technology has transformed the way we do communication and opened up many ways to collaborate and network.

In the initial phase of Internet evolution and adoption period (1995 to 2000), people started to use internet as a way to make their presence in the virtual world and most of the web pages were static and it was not possible to collaborate and network easily.

In past 5 years, there has been significant improvement in the Communication Networks and technologies such as fiber optics cables between USA & Asia, advent of Voice over Internet protocol (VOIP), advancements in Computer & Cell phone technologies and this has suddenly opened up new avenues and modes of communication.

Business across the world including Third world countries are now able to communicate and trade virtually and provide service over the internet with the Developed nations such as USA, UK, Germany, Italy, Sweden etc.. New business opportunities started to arise online and Internet shopping and online Trade have surged exponentially.

Highly populated and English speaking countries like India, China, Philippines, Ireland, etc..with large number of technical and English speaking population have taken advantage of these Information technologies and tools and now able to develop and provide high quality services and products cost effectively to the developed countries in North America and Europe. New generation information technologies such as Video conferencing, VOIP, Instant Messaging etc, have made this possible and allowed new high quality services and products to be made available remotely online and in a cost effective and timely manner.

Large Corporate and business in USA and Europe see these opportunities as a mean to save costs and improve productivity and hence are able to get the services and products from the above mentioned countries in a cost effective and productive way.

The personal lives are getting transformed with these technologies and Instant messaging, text messaging on Computers, Cell Phones, Black berries is extremely common among the young generation in Asia and Europe and is now catching up in USA.

These technologies have revolutionized the way we do live and do business and is here to stay and there are many more advancements in the pipeline in the near future.

The world has now become flat and now there are no boundaries in the virtual world. Countries and Business in these countries that are able to make use of these technologies and take advantage of these online services will be able to be more productive and competitive in the Global markets and will be able to provide customers with good quality products and services in a cost effective way.

India with its large highly skilled, educated and english speaking population has been able to take advantage of these opportunites and has now become the prime driver of these technologies and is able to provide quality services and products to the world in a cost effective way.

These technologies improved the GDP of India and also helped maintain a growth rate year over year at about 8 % and is now among the top five largest economies in the world based on the Purchase Price Parity (PPP) !