WORLDWIDE GROWTH in the IT sector will create 5.8 million new jobs and 75,000 new businesses in the next four years, research from Microsoft has forecast.
The world's top 52 IT spending countries will spend $1.4 trillion (£850bn) by the end of this year and $1.7 trillion (£1 trillion) by 2013, according to the research which was carried out by analyst firm IDC.
This growth will generate €265bn (£243bn) in taxes this year in Europe alone, and a new drive towards cloud services is likely to add $109bn (£68bn) to the region's economy by 2013.
Spending on IT in the UK, meanwhile, is likely to reach £50bn by the end of this year, IDC said, representing growth of 1.8 per cent, compared to average GDP growth of -0.1 per cent a year.
The UK government has recognised the need to drive investment in technological innovation in order to recover from the worst slump since the Second World War.
One example was prime minister Gordon Brown's announcement in June of a UK Innovation Investment Fund to invest in technology-based businesses with high growth potential.
The fund focuses on growing small businesses, startups and spin-outs in digital and life sciences, clean technology and advanced manufacturing.
IDC's research shows that the UK 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, and the jobs will be highly skilled, high-quality jobs, the analyst said. µ
Time is far in day but near in wk
This is great news for the industry and just re-iterates how tech needy people are becoming...IT professionals need to make sure they adapt, meet business and consumer demands and always stay ahead of the game by refreshing skills and knowledge...try http://tinyurl.com/yhnna7j
How many of these jobs will be filled by 'local' resources (few), and how many will be 'outsourced' to India, China and Eastern Europe? (most). What the rest of us better focus on is innovation and invention!
... Windows 7 takes off and becomes mainstream. Oh wait, Windows is included free in every new MS based store-bought computer. How ignorant of me to forget that.
So you're saying Windows 7 sucks and will require millions of people to keep the crap working?
If the latest craze of Microsoft products anything to go by I am not surprised. Every time they release a new product they seem to do is change the GUI and relocate the icons and menus. With every new product Microsoft seems to change the location of all the menus just because they can.
I can only presume that half the jobs they are talking about are in relating to GUI design and the other half is security. To protect the GUI designers from nerd-raged virilities who just wont to know where the advanced tab of product XYZ go.
Someone better get busy and start the paperwork for all the indians coming over to fill those 5.8 million jobs.
I guess they haven't heard of a little thing called 2012 The Movie.
I'm not looking forward to 2012 at all, but I can't wait for the film!
carlabrunisarkozy.org
And all my dreams would come true
Bug filled software creates jobs in IT field.
Everyday I thank the world for Microsoft. How many businesses can claim such a pro-active approach to job creation?
In these hard times Microsoft delivered Vista and provided the demand for thousands more tech support positions. Now Vista has been wrapped up in the 7 disguise we'll get the same people, with the same problems returning.
Thank you Microsoft - if Windows worked properly half of us would be out of a job.
IT will spawn Millions of Jobs by 2013...
...in India, China, etc.