Information technology industry involves the employment of computer and telecommunications apparatus to store, retrieve, convey, and manipulate information. The information technology sector has turned out the most vigorous industry globally. Information Technology is perceived to have a higher productivity rate in the developed nation than other industries. Information technology has become a major driver of international economic growth. The rapid growth of information technology is characterized by its voracious demand from the customers and the high economies of scale. In the USA, the Information Technology Association of America (ITAA) implies that information technology surrounds all features of information systems based on computers (United States Department of Labor, 2012). Over the years, the sector has continually expanded because of the high demand of its products. It is easily accessed by the consumers, and has a wide variety of products. Clearly, the information technology industry has become a significant source of employment and growth (Zeng, 2012).
In the U.S.A, the Department of Labor has introduced numerous amounts of investments, approximately $7 million in order to tackle the employees’ requirements of the information technology sector. The U.S. Department of Labor engaged the information technology industry executives, educators, and the public workforce in a forum in preparation of the investments. United States of America is a developed country that highly regards information technology. It has improved the economic growth of the country. Evidently, the government and the corporations rely on information technology to perform significant transactions. Information technology is vital for the productivity of the companies. In US, companies rely on the Information Technology sector for the storage, retrieval, transmission, and manipulation of data. In countries that have embraced technology, information technology is also being used as a medium of e-governance. It offers simple accessibility to the data. In the businesses and organizations, information technology has improved the service section. Operations in the organizations have become highly efficient and authentic (Zeng, 2012).
Information technology is expected to become a very significant industry in countries such as India by 2020. This sector has played a major role in upgrading the status of India globally. It has placed the nation on a global map. The Information Technology industry has turned out to be one of the major growth catalysts for the economy of India. Moreover, information technology has had a positive impact on other aspects of life among the people of India. Apart from booting the economy of the country information technology has elevated other socio-economic factors, which include employment and the standard of living. Information Technology has a direct and indirect contribution to the growth of India. The rapid growth of information technology in India has transformed the image of the nation. It has ceased being perceived as a dawdling bureaucratic economy. The presence of IT has developed innovative entrepreneurship, and the business services in the country. It is clear that technology in India is continually growing. The innovative technological solutions are being discovered in the country.
In the future of technology, India is expecting a drastic rise in the number of internet users. In 2015, the number of internet users is expected to triple. Today, there are numerous internet users registered in the country. Information technology portrays a promising future in India. According to the trend of information technology growth in India, the percentage of internet users will extremely skyrocket. Still, internet has also penetrated in the rural areas of the country. In the future, the rate of internet usage is expected to rise continually. Based on the Survey conducted by IMRB of India, the number of internet users in the rural areas is expected to rise drastically higher than the previous years. This shows that information technology in India is continually advancing. India is an example of countries that are experiencing high economic growth because of information technology. In future, the technology of India will be highly advanced. Many companies prefer India as the destination to acquire information technology equipment. Fortunately, the country sustains its low-cost advantage which is financially striking. Still, the country has technologically highly skilled people (Choure, 2004).
Developing countries such as the African countries also uphold the information technology sector. Unlike developed countries, African countries are faced with numerous challenges when developing technology. In the African countries, access to information and communications technology has grown to be very significant in their participation in the economic and political aspects at the national and global levels. The elevation of information technology in the African countries has developed numerous opportunities. Several African countries have realized progress in their Internet connection that has paced them on the international connectivity roadmap. However, socio-economic challenges paralyze equal admission to information and communication technology in African nations. The African continent faces persistent challenges such as detrimental malnutrition, endemic and epidemic maladies, incapacitating ignorance, conflicts and poor economies. These problems hinder the ambition of acquiring developed information technology. Commonly, the governments employ the available resources to address emergency issues and remain with minimum resources to address long-term investments that would boost the economic growth of the countries. Among the African countries, information technology is not adequately developed. There are many barriers that are hindering the development of technology. In these countries, education, information and communication are significant areas that require instant focus for the growth of Africa. Still, African states face two problems that slow the growth of information and communication sector. The governments find it challenging to keep up with the rapid trends of advancing technology. The economic life of these countries also limits the growth of information technology. The future of technology among the African countries cannot be regarded as promising. These countries have to curb the alarming challenges that are ruining the future of technology in Africa. In comparison to the USA, the African countries are less advanced technologically (Choure, 2004).
In the United States of America, the department of labor has implemented strategies in order to address the technological need of the employees. The department is concerned with the efforts made by the employers and information technology representatives to identify and handle the challenges. The solutions of the challenges experienced by the workforce in US are based on information technology. The employees who perform jobs outside the information technology sector are introduced to training concerning technology. The government in US has introduced information technology training sessions in departments such as manufacturing, financial services, and healthcare. The government is keen on forecasting the future of the employees in information technology. In United States of America, the education system has also introduced children to information technology. The children are instructed on the business environment, and the international corporations. Children are perceived as the future generation. Exposing technology to the children is very important for the future development of technology. Technology changes rapidly, and children should be exposed to technology in order to develop innovative minds. United States of America is a highly developed nation internationally. It has a highly advanced information technology. The country is continually upgrading technologically. Other countries, such as India, are also advancing continually (United States Department of Labor, 2012).
In India the best technology organizations, which include TCS, Infosys, Wipro and HCL are striving to acquire a huge share of their prime market United States of America. India aims at assertively pursuing contracts being offered by multinational rivals (India Brand Equity Foundation, 2011). These countries have advanced technology, and are continually innovating new ideas. Based on the current trend of information technology in India, the country could overcome United States of America in technology. In the near future, India is expected to advance in the sector of information technology. Still, USA government is implementing strategies improving information technology in the country. There is stiff competition among the developed countries in advancing technology. United States of America strives at sustaining its advanced technology. Information technology has become highly widespread. Information technology knowledge is being displayed the newspaper. The writers have created a column that has technology news. Information technology can be seen in sectors such as journalism and government departments.
Over the years, certain technologies like information technology, and communication technology, microelectronics and biotechnology have contributed highly to the economic growth of nations globally. Information technology has significantly improved the productivity of many organizations in many nations. It has also improved the living standards of people by creating employment opportunities. Information technology has become central in the societies. Information technology has transformed many aspects of life in the societies. It has enhanced the connection among people, institutions, and government globally in different ways. Clearly, information technology is very vital for the economic and socio-economic growth of a nation. Globally, the rate of information technology growth among countries is very different. Information technology in the developing countries is still minimally advanced. Based on the situation of the developing countries, it is possible to conclude that the future of technology is not promising. Information technology keeps changing rapidly, and these countries cannot keep up with the pace. The main barrier of information technology development is funds. On the other hand, developed countries continue enhancing their technologies. They rely on information technologies for economic and social-economic growth (Zeng, 2012).