Why we go for IT?
IT industry:
I personally feel now in IT sector, companies like Infy, TCS n all just need workforce n are hiring umpteen number of people on 2.4 etc packages to be part of their company as a labor and thus it reduces the growth prospects of an individual n one is jus restricted being a small fish in a big pond. The reason I think behind the massive hiring of IT professionals is due to the so called Boom in IT Industry. The rule is very simple . the demand in this industry is instigating this massive hiring.And I can feel this massive hiring is not only restraining growth.Have you ever thought what will happen when our IT industry has reached a saturation point. And what will happen when this boom of IT industry turns into a "DOOM". This will led to a massive cutout of employees in the industry. No matter it is Infy or TCS. I hope we have all not forgotten the massive cutouts of IT Professionals in US and Europe where.
But still I don’t think big percentage people will be in IT Industry . Because it need professional qualification and that would be limited in terms of engineers, MCA and other diplomas. But still it’s good to see people in IT. Cheers to IT industry and IT people.They are making world a small place.
Even the finance industry is also booming.I guess that in the next few years this might also be a good option. But most of the people i see here are generally gujjus, marwadis.Still after completing engeering we have to go Delhi, Noida, Gurgaon, Bombay, Puna, Hydrabaad, Banglore, Chennai, Maisure, Chandigarh, Kerla, Jaipur, Lucknow, Indore, Maholi, and may more small cities to find a job. Its little disappointing that many states failed to attract any big IT companies or MNCs .With Billions of dollars pouring into Indian economy .Many states are not able to use the opportunities..
To make the City or state a IT destination it has to be backed by supporting infrastructure.In the IT/ITES industry also, there r many levels:
for the lower levels, like answering calls, data entry, etc.they do not require too many skills and even class 12 people can do it.then you may move over to support services (like network support, etc) for which plain graduates are required.then you have proper software development tasks (for which u need engineers or equivalent).finally, you need people to understand the business requirement, people who have an understanding of the underlying business model. so for that you need people who have worked in that sector for some time or mbas from that sector. So, as you can see, the IT industry can employ people over a wide spectrum of qualifications. from class 12 chaps to MBAs. Of course, the bulk are recruited at the graduate level. So it presents a big employment opportunity for today's youngsters and that is why educated people are drawn towards it.The army was a major option in the past, but now, it will be replaced by IT.
End for IT industry :
The major hit on IT industry is due to recession in US economy as US is the prime source of business for them. Sub prime crisis has affected US economy very badly which is further darkening the future of IT industry. Secondly, dollar is weakening against rupee consistently and a correction in future is not expected which is another major issue for outsourcing industry. Last but not the least, as Indian economy is growing there is manpower crunch and salaries are soaring like never before. In the wake of all this, to maintain the margin is biggest challenge for IT industry. I personally feel that the margin for IT industry in India are bound to come down as nowhere in world, the margin for this industry is 30% where as here we maintain it at that level.
It is undoubtedly one of the biggest money-spinner ever for the Indian economy but I really wonder if it was a sustainable industry.especially the "call-centre" syndrome. The whole industry is sort of "well-being service" provider.no wonder the axe is to fall on this first during recession.We definitely need more sustainable industries like the Pharma, Biotech, Semiconductor (nowadays nanotech), Power, etc. They are the best way of securing the future as shown by Japan since 1950s.The reason I think behind the massive hiring of IT professionals is due to the so called Boom in IT Industry. The rule is very simple. the demand in this industry is instigating this massive hiring.
And I can feel this massive hiring is not only restraining growth, as stated by Annie, but may also jeopardize our future.Have you ever thought what will happen when our IT industry has reached a saturation point. And what will happen when this boom of IT industry turns into a "DOOM". This will led to a massive cutout of employees in the industry. No matter it is Infy or TCS. I hope we have all not forgotten the massive cutouts of IT Professionals in US and Europe where, if I am not wrong, the saturation is already reached.
We will be out of job, after 20 years or so. What are we going to do to earn even if we have earned enough to spend for the lifetime. A jobless life SUCKS!!!This is not what we intended to achieve when we were struggling to get into this industry. That's why I suppose this is not the correct way of securing our future, which is everybody's ultimate aim.Shouldn't We Think About It?
Isn’t the scene monotonous. Narayanmurthy and Premji taking global projects n for that hiring professionals at low-end packages all over the country. If you quetion the personal growth of an employee then it is a question mark Because they have learnt only what they were made to learn and handle a particular task. Only .001% of people can dream to rise in this sector to executive level.
The Indian IT companies, which are service oriented are the ones who are responsible for enticing people into monotonous jobs hampering the growth of talent and ideas.if same people get placed in companies like google, microsoft.they can surely develop breakthrough products which can bring global fame to India.so the bottom-line is to start concentrating on delivering products rather than services.
Women-favorite employees of the IT industry.
As an icing on top comes various studies, which prove that greater the diversity of a team in an organisation, greater are the possibilities for innovation and problem solving. The capability to adapt to situations both in personal and professional life, ability to balance careers and personal lives with panache and grace, flexibility in adapting to multiple roles/tasks, accepting challenges, adapting to situations is what makes women different from their male counterparts and favourite employees of the IT industry.
The IT industry boasts of being an equal opportunity employer looking at attracting and retaining diverse talent without any clear preference for any gender but there is a slight difference of opinion when it comes to recruitment. The industry finds women to be more productive, more committed and less prone to job-hopping, contributing to reduced attrition rates.
IT Industry and the problems it causes
The Indian IT/ITES/BPO industry considers Chennai as its hub with 100s of IT/ITES/BPO companies located there. This has brought new jobs to the city (including mine) and put us on the world map. However, it has caused certain problems:
1)Chennai is getting crowded-many people from outside are entering very quickly.
2)Land prices are very high-many in the IT industry themselves cannot afford it, let alone those outside
3)Cost of living is going up-vegetables are costlier, school fees/donation etc are costlier.
4) Traffic jams-the less said the better.
5) Many of the people coming in are "outsiders" aka. North Indians who have no respect for Kannada language and culture and make NO EFFORT to learn this.
6) IT companies constantly crib about infrastructure but are exempt by the govt. from paying property tax/land tax etc.This was the initial policy to attract IT industry some years ago, but now that so many IT companies want to come to Chennai it is not longer required. They expect the govt. to spend money on improvement in roads etc. but not pay tax?
This is one solution(based only by my knowledge-please correct me if I am wrong):
1)Collect property tax from all IT because-if even a 20by 30 site owner has to pay tax, so does a co with 1000s of sq feet of campus
2)Have a rural development of even 5% of their profits in Chennai. Use this money for the rest of Tamilnadu-it makes no sense if we are the IT capital but in the same state farmers are committing suicide because of drought
3)IT because must contribute to the infrastructure of Chennai-maybe a public private parternership
4) All IT Company must teach outsiders to respect Tamilnadu and its culture
IT people go to costly hotels and restaurant and eat away all the food that is why there is a lot of hunger in India. IT people go to Shopping mall and buy all the clothes paying high price, that’s why we have clothing problems. IT people pay high rent for small houses, hence housing problem. IT people breath air, hence air pollutions. That’s what IT is evil.IT industry, like any other industry has its pros and cons.As a con I would say it is bringing about drastic changes in lifestyle.As a pro, we can say it helps in improving the infrastructure available in the society and also brings in more money flow.Checks and balances always exist. Already labor costs are increasing now in india and the IT industry hype will soon shift to countries like phillipines which will become new competitors. Probably if all go well, in ten twenty years, Indians with better money in their pockets and lesser and lesser lower end IT business, would be well placed to move on to higher end businesses. The IT industry is surely good for India because it has opened up channels for vast FDI in our country which in turn effects our economic growth and national income. 
Most of us who enter the industry today are put into testing,implementation,client supporter life cycles etc which is for sure not the high end part but once you invest a good 3-5 yrs here you climb on to proper first hand development which is really sought after.
Apart from this it is this IT vertical which has brought so much respect and esteem for our Indian labor and skill globally. You see guys everyone cannot be a manager and leader in any industry. You have to grow the ladder in due course of time - and IT for sure is the biggest booster to growth today. Needless to say the extent to which OUTSOURCING has occupied and captured our life style today - IT is surely a slow and shitty start and a really weird thing at a stage but boss if you have the will to update yourself and be worth it - Its not a bad bet any day.
And LIFE and PROFESSION is largely about choice - being an IT guy I am way away from IT. In the end - Every profession deserves respect and if you are bothered about maintaining the EGO associated with it - Rise and Shine - let the world know !
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