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05 October 2009 ,
Written by Administrator
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The expected growth rate for IT employment of 3 percent a year is more than three times the rate of growth of total employment and a strong indicator that investing in IT will contribute to economic recovery and growth.
"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," said Steve Ballmer, CEO of Microsoft: "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."
Software accounts for a modest slice of overall IT spending but has a disproportionately positive impact on local economies. Software drives activity in the services and distribution sectors, as well as in organizations using IT, so although worldwide spending on packaged software will be only 21 percent of total IT spending in 2009, 51 percent of employment in IT will be software-related. During 2009, total IT employment dropped a fraction of a percentage-point, yet software related employment grew 4%.
Emerging countries will account for 21 percent of IT spending in 2009 and 39 percent of IT-related employment. Over the next four years, they will account for more than 50 percent of net new IT spending and 70 percent of new IT-related jobs.
Full results of the study:
http://www.microsoft.com/about/corporatecitizenship/us/economic-growth.mspx |
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