IDC predicts that by 2013, jobs in information technology (IT) will expand by 5.8 million worldwide, and that 75,000 new businesses will be created during that time. IDC says that growth in software and cloud computing will be major factors in new business and job creation, and expects new cloud-based businesses to generate $800 billion in revenues by 2013.
IDC also predicts that IT spending will increase to $1.7 trillion annually by 2013, up from $1.41 trillion in 2009, in the 52 countries covered in the report. The rate of increase in IT spending will be more than three times the expected rate of gross domestic product growth in the 52 countries. "The advantages of a growing IT sector are more extensive than the raw numbers alone suggest," the IDC report says. "IT jobs tend to be higher skilled than most others, particularly in emerging economies, and countries with higher computerization can be more competitive in world markets."
Information Technology and Innovation Foundation founder Robert D. Atkinson says the past 20 years have shown how investments in IT innovations foster economic growth. Atkinson says that continued IT innovation and investment will help to jump-start the economy out of the current recession and will significantly contribute to job and new business creation.
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Abstracts Copyright © 2009 Information Inc., Bethesda, Maryland, USA
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