Information Technology’s Impact in the Latest Stimulus Package July 25, 2010
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We all know the United States economy has been struggling and something must get done to boost it. In February 2009, President Barack Obama created a stimulus package to help combat it. A whopping $787 billion has been approved to give the economy a shot in the arm. Some of the biggest winners to gain from this historic stimulus are technology companies. Several billions of dollars are set aside for the tech industry to create more jobs and make technology upgrades to important industries. Today’s students may want to think about getting an IT education. It looks like there are plenty of opportunities for tech needs in the years to come.
The American Recovery and Reinvestment Act was drafted to save and create jobs immediately. It sounds like a quick fix but it is also supposed to lay the groundwork for long-term economic growth. Where is the money going? $288 billion is allocated to Tax Relief. Another $144B goes to State and Local Fiscal Relief. $111B is for Infrastructure and Science, and $81B to go to Protecting the Vulnerable. The last $59B, $53B, $43B, and $8B are allocated to Health Care, Education and Training, Energy, and Other, respectively. With this kind of money there should be enough funding to get us out of this crisis and back to the powerful country we used to be. This is the hope, and with a fair chunk of the package dedicated to technology we certainly are paving the way for the long-term.
If you have ever thought about getting IT training now is the time. $30 billion is currently invested in technology upgrades, with more than $100B in tech projects spending estimated in the next five years. The big dogs expected to gain the most from the stimulus are IBM, GE, and Cisco. IBM has already developed a smart grid in Washington State to manage energy consumption that could apply on a larger scale to the entire country. GE is working on an energy-management system that uses wind power. Look into the School of Technology at Westwood College for the chance to help Cisco push for the contract to spend the $7.2B allotted for broadband deployment. Get educated and Cisco certified, and you will be in a good position to take advantage of the IT revolution. Another big industry looking to upgrade their technology is health care.
With 7.5% of the stimulus package dedicated to health care you might think it is not getting its fair share. That percentage equates to $59 billion, though. The headline-maker has been the $19.5B devoted to digitizing medical records and who has been appointed to oversee the project. Harvard Medical School Professor Dr. David Blumenthal was named the National Coordinator for Health Information Technology. As Director of the Institute for Health Policy at Massachusetts General Hospital/Partners HealthCare System in Boston, he is a longtime advocate for making medical records electronic. Several professionals in the industry applaud the appointment with praise of his qualifications. With a good team around him we should feel confident he has the answers to make a strong impact on our country’s medical technology in the future.
There is much to look forward to in the coming years. The Obama Administration is investing heavily into rebuilding the weak and upgrading the old. Millions of jobs hope to be available in IT, Construction Management, Education, Health Care, and anything else “The American Dream” offers itself to. While this stimulus sounds like a cure-all fix, Americans must know it will still take time and a lot of hard work to get back to the level we desire. Technology will play a vital role in our advancement as a nation, hopefully setting an example for other countries as well. For those that are IT experts, this is your chance to change the world.
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Example:
Information Technology System – Computers
Information System – Wikipedia
The difference between the two is Information System Outsourcing refers to the hardware and software used by a company; whereas Information Technology Outsourcing refers to the solution that needs to be developed. For example IT writes a new program for the company to use, IS puts the program on the company servers and creates the connections for employees to use the program, and then someone from IT and IS will support and maintain it.
Information System Outsourcing means that a company contracts with another company to use their hardware and software system. The company that the work is being outsourced to owns the system and is required to maintain the system and make sure it is up and running 24/7. Some companies do this because the do not want to or can’t afford to make the investment in technology or people to own and maintain their own system. An example would be a start-up company wanting a full function email and collaboration solution for their staff, but doesn’t have the money to buy the exchange server or hire the team to install and maintain the system so they contract with another company to provide these services.
Information Technology Outsourcing refers to the process of contracting with people or companies with a specific talent to provide technical development or support services. Usually this is done where a company does not have the technical skill in house or only needs a certain expertise for a short period of time. An example would be a trucking business wanting to develop a custom routing system that will take 6 months to develop. So they hire a company that specializes in this type of work to develop the proper solution rather than going through the trouble of hiring their own employees to do the work.
Well it depends on which one you like more. Make the one you like most your major and the other your minor. You'll get the best of both worlds!
you must volunteer for Subs. there are certain ratings ( FT) that are ONLY on submarines, so don't choose one of those. ITs can be stationed anywhere..ship or shore.
try to get A+ certified
CompTia. then maybe MCSE
Check out Davenport University http://www.davenport.edu
They have a state of the art school of technology, almost 30 campuses, plus online courses.
Good luck!
An information system is a "thing" either computer or human that gathers resources together and organizes them into something useable. Consider your computer. You download music and your computer knows, "ok, this is a song, I will put it here with the rest of the songs I know of…."
Information technology is the learning that uses what those songs are, but ways to display them better, by using better sound cards, better video monitors, video adaptors, etc. The Technology behind what you see on your screen is by the people who have made or engineered it that way. To find a better, more cost effective way to do it, or a different way alltogether are up to you.
The system is what we create to do a job, the job is still left to us…..
Information Systems is more generic. Information Technology primarily deals with hardware, network, internal maintenance and support, etc./