Information has always played a vital role in our history. Over
the ages, people have used it to gain a more accurate picture of
their current situation, make better decisions for the future, and
improve the quality of their lives. But never has information been
more accessible and more widespread than it is today.
The recent developments in Information and Communications Technology
(ICT) have been phenomenal. Computers are progressively becoming
smaller, more affordable, and more powerful. They are capable of
storing an almost limitless amount of data and information. And
they are linked together through telephone lines, satellites, and
fiber-optic cables that span across the world, allowing the ability
to communicate and share information with one another across borders.
With this rapid advance of technology, ICT has been revolutionizing
the way we live our lives by tearing down borders and making them
non-existent. Markets, which were once unreachable because of distance
and costs, are now open through cyberspace and e-commerce. Learning,
likewise, has extended beyond the four walls of the classroom and
now takes place at home, in internet cafes, and in the unlikeliest
of places. Governments can now provide better, more efficient, and
more transparent service to their citizens by integrating multi-agency
processes through the use of ICT.
The projections for e-commerce have been staggering. Global e-commerce
is expected to generate around $7 trillion in 2004. The Asia-Pacific
region is expected to contribute almost a fourth of this. But this
is just the beginning. We have yet to exhaust all the possibilities
of ICT. This is merely a glimpse of what is yet to come, of what
we can still achieve, and of all the greater possibilities. Everyday,
the brightest minds all over the world are finding ways to make
things smaller, faster, cheaper, and better. This is the promise
of ICT.
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