The Impact of It on the Living Standard of People of Pakistan

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THE IMPACT OF INFORMATION TECHNOLOGY ON THE LIVING STANDARD RESEARCH PAPER

By
(BNS)

Assigned By
MA’AM PARAS BHATTI
Department of Management Sciences
Faculty of computer & Management Science
ISRA UNIVERSITY HYDERABAD

CHAPTER 1
INTRODUCTION

1. OVERVIEW
Information Technology is a powerful force in today’s global society. Information Technology or IT is revolutionizing all the living ways. No doubt, it has given a new meaning to the word “Convenience”. It has drastically changed the business landscapes and word IT has become the “Catchword” of the modern life today. Information Technology (IT), as defined by the Information Technology Association of America (ITAA) is: "The study, design, development, implementation, support or management of computer-based information systems, particularly software applications and computer hardware. IT deals with the use of electronic computers and computer software to securely convert, store, protect process, transmit, and retrieve information” Information Technology has become, within a very short time, one of the basic building blocks of modern industrial society. Its effective use is an essential element of competing in a fast-paced, knowledge based economy. The economic historian, Carlota Perez, traces five cycles of technological innovation: * THE INDUSTRIAL REVOLUTION;

* STEAM AND RAILWAYS;
* STEEL, ELECTRICITY, AND HEAVY ENGINEERING;
* OIL, CARS, AND MASS PRODUCTION; and finally,
* INFORMATION & COMMUNICATIONS TECHNOLOGY
Information and Communications Technology usually called ICT, is often used as a synonym for information technology (IT) but is usually a more general term that stresses the role of communications (telephone lines and wireless signals) in modern information technology. The expression was first used in 1997 in a report by Dennis Stevenson to the UK government and promoted by the new National Curriculum documents for the UK in 2000. ICT consists of all technical means used to handle information and aid communication, including computer and network hardware as well as necessary software. In other words, ICT consists of IT as well as telephony, broadcast media, and all types of audio and video processing and transmission. Recent changes in ICT affect as well the environmental sustainability regarding the Millennium Development Goal (MDG) set up to ensure environmental sustainability in this century. With the usage of new technologies the global community, can be supported in their collaboration to preserve the environment in the long term. New technologies provide utilities for Knowledge acquisition and awareness, early evaluation of new knowledge, reaching agreements and communication of progress in the interest of the human welfare. This includes ethical aspects of protecting human life as well as aspects of consumer safety and the preservation of our natural environment. Fundamental transformation is occurring from the industrial society that marked the 20th century to the information society of the 21st century. This information revolution is affecting the way people live, learn and work and how governments interact with civil society as information is a powerful tool for economic and social development. IT has been introduced in Pakistan recently i.e. from 1996 and that too, in major cities. Realizing the importance of Information and Communication Technology, Pakistan started the process of IT to meet the challenges of globalization era. Accordingly, in 1997 the Federal Government set up an independent Division of Information Technology and Tele Communication, which supervise the working of eight departments involved in ICT matters including Pakistan Computer Bureau, Electronic Government Directorate, and Pakistan Software Export Board. Since, information technology is concentrated primarily in big cities, with some scattered presence in small localities and remote areas. Therefore, our area of study is...
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