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IT will lead the way to global economic recovery
Research
in 52 countries, including the UK, forecasts the
creation of 5.8 million new jobs and 75,000 new
businesses over the next 4 years and it says IT will
be the catalyst for this recovery. |
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The findings of a report commissioned by
Microsoft, which was designed to measure the contribution of IT to
local economies, reveal that computer investment will be a major
contributor to economic resurgence in the coming years.
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The IDC study, published in the fourth
quarter of 2009, set out to investigate the contribution of IT to
gross domestic product (GDP), job creation in the IT industry, the
formation of new companies, local IT spending and tax revenues in 52
countries representing 98 per cent of total worldwide IT
spending.
This research concluded that in the UK, Microsoft and its ecosystem
of local partners, vendors and service providers will be a major
catalyst of local economic growth and opportunity, during both the
current economic difficulties and recovery. |
In this
fundamental economic reset, innovative technologies will
play a vital role in driving productivity gains and enabling
the creation of new local businesses and highly skilled jobs
that fuel economic recovery and support sustainable economic
growth.
Steve Ballmer
CEO, Microsoft |
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Steve Ballmer, CEO of Microsoft
commented: In this fundamental economic reset, innovative
technologies will play a vital role in driving productivity gains
and enabling the creation of new local businesses and highly skilled
jobs that fuel economic recovery and support sustainable economic
growth. Countries that foster innovation and invest in
infrastructure, education and skills development for their citizens
will have a major competitive advantage in the global marketplace.
Key findings for the
UK's
IT sector
Areas of this report specific to the UK
market and the role that IT would play in the recovery of the UK
economy included the following predictions:
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IT spending in the UK would reach £50.2
billion in 2009, and until 2013 is expected
to grow 1.8% a year, compared to GDP growth
of -0.1% a year. |
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The IT market will drive the creation of
nearly 2,500 new businesses and 78,200 new
jobs between the end of 2009 and the end of
2013. Most of the new companies will be
small and locally owned organisations, and
the jobs will be highly skilled,
high-quality jobs. That represents growth of
1% a year from now until 2013, while total
employment will shrink by -0.7%. |
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In 2009, local partners in the Microsoft
ecosystem will generate more than £17.8
billion in revenues for themselves. To
generate these revenues, they will invest £6
billion in development, marketing, training
and sales into the UK economy. |
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The Microsoft ecosystem, defined as local
companies that develop and/or sell products
that run with or on Microsoft software, or
that service and distribute Microsoft
software, is a critical economic catalyst in
every country where Microsoft operates. For
every pound that Microsoft generates in
2009, local companies in this ecosystem will
generate £8.84. |
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Delta Comtech Ltd
Artillery House, Heapy Street
Macclesfield, Cheshire, SK11 7JB |
Tel:
0844 412 8102
info@delta-comtech.co.uk |
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