Information Technology (IT) is the use of computer hardware and software technology to create, manage, store, update, exchange and analyze data and information in the context of a business or other enterprise. Computer system is used as a main component in information technology. Computer takes data as input, processes it and produces the results as output.
In business data processing, the computer processes several sets of data
and generates useful information. This information is used by people at large. This is how IT became important in the business world. Information is the result of data processing. Data refers to facts or raw material, which are processed to get information. The number of boys and girls in a class is a factual data of the classroom. This is an example of data related to students in a class.
Some conclusion can be drawn based on the data. This conclusion is information. Decisions are taken on the basis of this data and information. India is one of the fastest-growing IT services markets in the world. It is also the world’s largest outsourcing destination. The country’s cost competitiveness, in providing IT services, continues to be its Unique Selling Proposition (USP) in the global sourcing market.