Information technology is a boon to Indian economy and also to the Chennai people as it provides lots of scope for development. There are many people who are working in the IT industry and developing the quality of the human life. All the other industries are in the support of the IT industry. It has changed the life style of Indian people and progressively increased the economy of Indian people. IT is defined as the process of designing, processing, storing and finally implementing the software application and computer hardware. In order to utilize the technology to a full extent we process the computer based information system. IT professional perform various activities like data and database managements, software design, networking and administration of the system. The largest IT parks in India are HCL, INFOSIS, TCS, IBM, HP, Dell and Microsoft. These industries employ millions of people around the world. In India IT industry has reached greater height and still in process of achieving the top position compared to other industries.
Evolution of IT industry in Chennai
In the earlier stages the IT industry set up a very strong basement so that now the development of the IT industry is in the peek. In future there is going to be a great scope for the IT industry in Chennai. There are more and more new projects emerging which raise the value of life of the people of Chennai. These projects are taken down by the people of Chennai and the task is completed in the easy way in Chennai. In the future generation the IT industry is going to show greater evolution such that in the future everything is going to be dependent on the IT industry and IT people.
The growth and evolution of the IT industry in Chennai is very common to all the people. The IT industry has its significant growth only on the development of personal computers (pc) in the year 1970. The last three decades saw an extreme growth of IT industry in the world. In India IT industry had its growth only in the last decade. The three major component of the IT are hardware which is the physical unit which is designed using microchip. The second component is software unit which includes programming languages and their applications .The third is Internet, it is protocols that link individual computers into a vast network of computers.
Growth of IT Industry in Chennai
The IT industry can be classified into two major categories such as IT Products and IT consulting. Bell, Intel, IBM are the industry based on developing IT hardware products. Microsoft, Sun Technologies develops IT software products. IT consulting works on producing software solutions. Infosys, TCS, Cognizant provides excellent software solutions for the business needs of the clients. In Chennai, more than 90% of the IT industries are IT consulting companies. Thus the IT product based company's focuses on designing the hardware and software products and the IT consulting company's focuses on the ability to learn and apply the software and hardware. The companies in Chennai have client in technologies like DBASE, FoxPro to the latest mobile technology.
Scope of IT industry in Chennai
Chennai is the third largest IT servicers in India. The IT industry has great scope in Chennai as it provides employment to many technically and non technically graduated professionals. Most of the graduates are recruited in IT industries with high salary and other special offers. Thousands of college students are recruited every year in the IT parks all over Chennai. The leading IT park in Chennai are INFOSIS, TCS, HCL, WIPRO, IBM, HP, DELL, POLARIS etc. These IT Park has increase the living standard and economy of the state. The Chennai Government has taken many steps to boon the IT industry's, for example it has given tax holiday up to 2010, allocates many acres of land and provide infrastructure support, reduce the international communication cost etc. In Chennai the Rajeev Gandhi sallai also know as IT corridor of Chennai consists of hundreds of IT parks.
Real estate development because of IT sector in Chennai
The development in the IT sector in Chennai has lead to a drastic improvement in the Real estate options in Chennai. People invest more on the real estate because of the recent scope in the IT industry. Though there is an unpredictable increase in the property rates in Chennai there is a vast development of IT industries especially in IT corridors. The people working in the IT Park require residents to live hence residential demand in Chennai is also increasing. Hence due to the developments the real estate business has also boomed. For example Tata Consultancy services (TCS) has planned to build Siruseri Industrial Park on Chennai's IT Corridor over 80 acres of land. Thus IT industry has made Chennai, India's top leading industrial state.