Internet: An open source of information


FE Team | Published: February 09, 2017 19:45:34 | Updated: October 19, 2017 09:38:08


Internet: An open source of information

INTERNET is a network of networks that consists of private, public, academic, business, and government networks of local to global scope, linked by a broad array of electronic, wireless, and optical networking technologies. It carries an extensive range of information resources and services. Life today cannot be imagined without internet. It is a place where from one can procure any information and earn money sitting at home. This is called outsourcing which is becoming an important business tool. Today outsourcing service is growing fast and making immense contribution to different areas of our life.
 In the 20 years since 1995, Internet use has grown 100 times. Most traditional communications media, including radio, television, paper mail, telephone and newspapers are being reshaped or redefined by the internet. Newspaper, book, and other print publication are adapting to website technology and online news aggregators. The entertainment industry was initially the fastest growing segment on the Internet. The Internet has enabled and accelerated new forms of personal interactions through instant messaging such as Internet forums, and social networking. Online shopping has grown exponentially both for major retailers and small businesses and entrepreneurs.  Business-to-business and financial services on the Internet affect supply chains across entire industries. 
Recently our students have done well in various competitions in IT sector organised by different countries in the world. As IT is playing a vital role in every country, anyone can build a career in this sector. 
Electronic business encompasses business processes spanning the entire value chain: purchasing, supply chain, marketing, sales, customer service and business relationship. E-commerce seeks to add revenue streams using the Internet to build and enhance relationships with clients and partners. According to International Data Corporation, the size of worldwide e-commerce, when global business-to-business and -consumer transactions are combined, amounts to $16 trillion for 2013. A report by the Oxford Economics adds those two together to estimate the total size of the digital economy at $20.4 trillion, equivalent to roughly 13.8 per cent of global sales. With so much to gain people of the world are now increasingly inclined towards learning and using IT. Internet may serve to help remove economic inequalities among people of the world.  
So, there is a huge opportunity for anyone to build a career in IT. 
Muhammad Al Amin
National Bank Ltd.
sajalamin589@gmail.com
 

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