The Growing Age of the IT Sector
Posted in MBA Information | Email This PostIn the present scenario, the working environment has become such that there have been the presence of the large number of the challenges that take the test of the organisation of any type from the time to time. In this article the main focus will be on the emergence of the Information Technology Sector and the growth and the development that it experienced in the recent past and the type of the challenges that are being faced by this sector in the particular in the present scenario. A lot of the challenges are coming in this sector sue to the various reasons and to cope with that the organisations are coming up with the various types of the methods and the solutions to take care of the same. The main problem that the world is facing today is the problem of the employment of the unemployed ones and then after this the challenge of the development of the skill of the employed ones from the time to time as by this only the organisation will be able to cope with the various kinds of the changes from the time to time.
This issue also becomes the agenda for the various governments from the time to time especially at the time of the elections in the various parts of the world. The situation in fact is not that bad but looks a little so in this shape as in the recent past the rate of the growth and the development in this sector was very alarming in the nature of the working but in the present time, the things have slowed a bit and the reason for all this is that the coming in of the various other workers in the Information Technology sector as by this the level of the challenge has gone up a lot. In the present scenario a large number of the IT companies are getting out of the market after being forced to do so as are being sold and at times even been closed and the main difference is that these companies have not changed themselves according to the changing requirements of the customers. The Tata Consultancy Services has become the first IT organisation who is having $100 billion of the capital market and has now left the various giants like the Accenture and the Infosys behind and the main reason for this what the various kind of the researchers or the scientists who are working in this regard in the various parts of the world suggest that the TCS has been able to achieve this feat as a result of the ability of the firm to change itself in the various situations at a very alarming rate and is ready to change itself in order to adapt in a much better way in the market place at a global level. The TCS has in the recent past focused a lot on the services that are digitally based in the nature of the working and the demand of the present is this only and has this wave has been able to carry the firm much ahead than the others in the race.
The TCS in the recent past has been coming up with the services that mainly deal in the projects of the artificial intelligence, cloud computing etc. as this firm was able to check the situation and was very early and correct in bringing out such services that were the demand of the present and this was mainly possible as the firm was able and at the same time ready to accept the things and was it self ready to change and this brought the growth and the development of the company. The environment has changed and the new kind of the environment has come in to the existence that is very heavily focusing on the internet and the various kinds of the services of the internet. The scenario now is that the firms are coming up with the new kind of the technologies but at the same time this coming of the technology with the time also brings some of the negative affects along and the main one is of the unemployment. In the past the work that was being done by 10 people is at the present being done by just 3 people and such is the affect of the technology that the people arte left behind unemployed but at the same time the level of the productivity, the quality and the quantity and a large number of the other factors have also improved a lot and the growth and the development have now become a part and the parcel of the economy of the nation. The IT sector has now entered such an age that is seeing such kind of the scenes that support the fact that the profit must increase irrespective what are its affects on the employees. The employees that are remaining need to be trained so that these can adapt with the changing sequences and can survive in the changing environment. This is the reason the employees at the various levels come up with the formation of the unions in order to protect there interests as there have been times in the various parts of the world when the organisations have tried to stop the interests of the staff members just in order to satisfy the interests of the company and regarding this the people form the unions so that the interests of the staff members can be heard and there demands can reach the ears of the management of the organisation. The infrastructure must be such that it must be ready to cope with the changing environment and must shift from one platform to the other when ever there is any kind of the need as then only the survival will be possible of an organisation among the various other organisations in the very strict and the competitive level of the environment.