Developments of Information Technology, Telecom and E-Commerce in Business Environment of Pakistan: An Analysis of Banking and Manufacturing Sectors

Abstract

Information Technology (IT) is the key enabler of change in today’s
rapidly evolving business environment. IT revolution has changed the
life style of people in every part of the world. Today governments and
private companies around the world are working on IT solutions
required for their growth. This technology has emerged as a very fast
growing sector in Pakistan as well and obviously IT sector is a deep
resonant sound. This paper explores status of IT, telecommunication
and E-Commerce in Pakistan from 1947 to 2006. It first examines IT
history in Pakistan, Pakistani Government contributions to support IT
diffusion in the country, IT usage in Pakistan industry, Pakistan IT
infrastructure status growth and potential in Pakistan’s hardware and
software industry, Internet, E-Commerce, Human Resources and
Telecommunication status . Secondly, it brings into prominence the
importance of IT usages in business organizations and then it discusses
IT usage in Pakistan’s Manufacturing and Banking Industry over the
time.
The findings of this paper reveal that IT is progressing smoothly in
Pakistan. IT has been introduced in every discipline and organization
of Pakistan with all government support. Like other sectors, IT has also
been applied aggressively in Pakistan’s manufacturing and banking
industries with all latest systems. The government is making sizeable
investments in the IT sector and a huge chunk of this budget is meant
for human resource development and provision of enabling
infrastructure. Despite all this, the IT industry in Pakistan has not yet
achieved sufficient maturity and need to be further developed with
more support and backing from government side.