Internet technology of communication, its universal acceptance by communities and subsequent globalization within a short span of a few years is a classic example of what sustained investment and commitment to research and development have been achieved. The internet is a worldwide network of networks. It is a conglomeration of smaller networks and other connected machines spanning the entire globe. It is existing areas where you can find information about almost every topic you have books, encyclopedias, magazines, articles and every other type of reference material at your fingertips. In addition you have access to expert opinion on various topics and can communicate with people offering commentaries / views on all ranges of the subjects. It provides an inter-connection between several computers of different types belonging to various networks all over the globe. It is a network of networks. The kind of colossal powers that the internet gives yours machine is mind- bogging. To send or receive data within a matter of seconds to someone placed beyond the pacific was unthinkable before the advent of the internet. The internet represents the transformation and evolution of the entire information age. It is due to these factors that people all over the globe have recognized the internet as their latest developmental tool. Internet has changed life as a few things have done. It has added a new dimension to our existence by placing within easy reach, mind boggling range of information. It gives each of us the option to be as publisher of our information and views, and as the number of people on internet multiplies and commerce transforms the internet, the opportunities are getting larger.

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Keywords: Internet Technology, Globalization, Transformation, Colossal Powers.