Current vision of the ICT sector (II)
Posted: Mon Jan 27, 2025 6:59 am
Smartphones and ICTIn this second post, Rubén González, professor of the International Master's Degree in Business Administration and Management at Bureau Veritas University Center, talks to us about the current situation of the ICT sector.
High connectivity through the network helps in forming high collaboration between various companies globally.
The improvement of business techniques through technology increases the growth possibilities of each company. This is generated thanks to the exchange of information and experiences between branches and markets or between companies belonging to the same sector. This shows the great importance of this macro sector of ICT. It is enough to look bank data at the contribution of income from the software industry in 2012, which reached 8% of the GDP of the European Union, which means 25% of economic growth, 6% of employment and 20% of expenditure on R&D&I.
Economies are becoming very competitive on a global level, as they can compare growth rates between them over management periods. Technology plays a fundamental role in the transmission and intercommunication of all markets and governments. The International Monetary Fund had estimated that, by 2012, the Eurozone, still in crisis, had contracted by 3%, while the United States was still experiencing a recovery. For their part, the economies known as emerging economies are currently experiencing constant growth. In the group of countries that make up the European Union, a relative decline in their income in this sector has also been noted in recent years, except for countries such as Germany, which has achieved an increase of 3% compared to 2010, and France, which closed 2011 with 1.7% growth in this sector.
On the other hand, other strong economies that had been hit by the global crisis, the United States and Japan, are speeding up their markets, causing the United States to grow from 3% in 2010 to 1.7% in 2011 and nearly 2% in 2012. Meanwhile, Japan, affected not only by the crisis but also by an earthquake and a tsunami , has seen tremendous fluctuations in its year-on-year growth, going from 4.4% in 2010 to -0.7% in 2011 and 2% in 2012. One of the factors that has allowed growth in the technological environment this year has been the great trend that is taking place towards the option of payment through IT infrastructures. This has had a positive and indirect effect on the IT services sector, which outsources projects, especially for web portals and the renewal of companies' presence on the Internet.
High connectivity through the network helps in forming high collaboration between various companies globally.
The improvement of business techniques through technology increases the growth possibilities of each company. This is generated thanks to the exchange of information and experiences between branches and markets or between companies belonging to the same sector. This shows the great importance of this macro sector of ICT. It is enough to look bank data at the contribution of income from the software industry in 2012, which reached 8% of the GDP of the European Union, which means 25% of economic growth, 6% of employment and 20% of expenditure on R&D&I.
Economies are becoming very competitive on a global level, as they can compare growth rates between them over management periods. Technology plays a fundamental role in the transmission and intercommunication of all markets and governments. The International Monetary Fund had estimated that, by 2012, the Eurozone, still in crisis, had contracted by 3%, while the United States was still experiencing a recovery. For their part, the economies known as emerging economies are currently experiencing constant growth. In the group of countries that make up the European Union, a relative decline in their income in this sector has also been noted in recent years, except for countries such as Germany, which has achieved an increase of 3% compared to 2010, and France, which closed 2011 with 1.7% growth in this sector.
On the other hand, other strong economies that had been hit by the global crisis, the United States and Japan, are speeding up their markets, causing the United States to grow from 3% in 2010 to 1.7% in 2011 and nearly 2% in 2012. Meanwhile, Japan, affected not only by the crisis but also by an earthquake and a tsunami , has seen tremendous fluctuations in its year-on-year growth, going from 4.4% in 2010 to -0.7% in 2011 and 2% in 2012. One of the factors that has allowed growth in the technological environment this year has been the great trend that is taking place towards the option of payment through IT infrastructures. This has had a positive and indirect effect on the IT services sector, which outsources projects, especially for web portals and the renewal of companies' presence on the Internet.