Date Added: Oct 2009
Economists have long recognized the important role Information Technology (IT) can play in a country's development. As the IT sector helps lead the corporate sector out of the worst global recession in more than 50 years, that role will be even more important. To quantify the direct benefits of IT on local economies, IDC has studied the relationship between IT, software, the Microsoft ecosystem and the economies of 52 countries. The study found that not only does IT drive significant growth in skilled jobs, but also that spending on software creates a disproportionate share of that job growth.