Thursday, March 25, 2010
The IT industry
The other day in class we discussed the IT industry. This is one of the most varied and fastest growing sectors of the economy, competing with health care, education, and energy industries for the highest growth rate. Although deciding which industry is experiencing the most growth is difficult. most lists have the IT industry featured in the top five growing industries. According to information from the United States Department of labor, over the last ten years seven out of ten of the fastest growing jobs were located in the IT industry. This trend is expected to continue in the future with the main competitor being the health care industry.
In order to talk about the IT industry a brief definition of information technology is needed. Information Technology is defined as the study, design, development, implementation, support or management of computer based information systems. This generally refers specifically to hardware and software applications. This is the traditional definition of IT. In recent years it has begun to encompass many more aspects of computing and technology.
Jobs in the IT industry have many varied functions. Some of the most common duties are data management, networking, engineering, management of information systems, and database and software design. However these are just a few examples in the near endless new applications that IT professionals are pursuing. Computer technology is becoming more advanced, as well as more widely used in products such as cell phones, televisions, and cars among other areas that it has never been used before. This should make the IT industry of the 21st century an area to watch for.
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I do think that the IT field is growing through out the whole world. Since technology is growing and companies are trying to cut costs I also feel that they are out sourcing jobs because it will be cheaper to pay for someone to manage a database system over seas than here in America because the cost will be cheaper.
ReplyDeleteI never knew that the IT field was so desirable by employers. If I would have known this I would have planned my future accordingly. When I saw in class that a majority of the fastest growing jobs were in the IT field I was shocked. I thought there would be all teaching an medical jobs in the ranks but there were way more IT posts than I expected.
ReplyDeleteI agree with what Jack said above, i dont think the IT industry is growing as quickly everywhere, but im sure it is growing faster in atleast one other place of the world. i understand why employers are drawn to this field, it offers many advantages. but i am a firm believer that personal contact and inteaction is the foundation for good business, and some things just cant be automated, put into an IT persepctive.
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