The ICT sector is the fastest growing area of the European economy and will create 1.5 million new jobs over the next four years
Growth will help generate £95.7bn in new tax revenues over the next four years

Europe to see 1.5m new ICT jobs by 2010

SMEs key to future growth

Matt Chapman

The ICT sector is the fastest growing area of the European economy and will create 1.5 million new jobs over the next four years, according to a study released today.

Analyst firm IDC found that 60 per cent of the created jobs will be software-related and a third will use the Microsoft platform. 

Advertisement

IDC said that the growth will help generate £95.7bn in new tax revenues over the next four years.

The research, carried out on behalf of Microsoft and announced at the company's SME Innovation Day in Brussels, also found that small and medium sized enterprises had a big part to play in future growth. 

Figures showed that there are 22 million SMEs in Europe, employing close to 120 million people and producing 57 per cent of Europe's GDP.

"The SME sector is the engine of the economy and that is where we all need to invest in order to drive growth and benefit everyone," said Jean-Philippe Courtois, president of Microsoft International.

The IDC report added: "If SMEs can be stimulated into adopting new technologies more rapidly, and creating innovative products more competitively, Europe's position as a leading player in the global economy can be assured."

  • Have your say
  • Send to a friend
  • Print
  • Digg
  • Reddit
  • Share

Tags:

Do you agree?

Further reading

Europe lagging behind in ICT

Not enough investment or uptake, says commissioner Viviane Reding

IT key to small business success

PCs and the internet now deemed 'indispensable'

Small manufacturers to spend $23bn in Asia

SMEs respond to greater competition and more open global markets

China's SMEs to spend $18bn on IT in 2006

Small firms spend big on software, services and training

Related whitepapers

Related jobs

Most watched

Summit: Views From the Valley

V3.co.uk's US office weighs in on the information overload crisis

John Chambers speaks on collaboration

Cisco boss talks up new offerings

Analysis and Reports

Remote access - Three steps to getting connected

3.4 million UK professionals now work from home – is your company equipped?

Cost benefits of a global collaboration network

This white paper is a must read for organisations looking for evidence of the bottom-line benefits of high-definition video and voice communications

Poll

Impact of Information Overload poll

Impact of Information Overload poll

What is the biggest problem your firm faces as a result of the data explosion?

View poll results

Advertisement

White paper library

Keep up to date with the latest products, services and technologies from the world's leading IT companies; IThound.com brings you over 6,000 white papers, case studies and analyst reports.

Advertisement

Newsletter signup

Sign up for our range of FREE newsletters:

Existing User

Newsletter user login:

Enter email address to edit your newsletter preferences

Job of the week

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Hiring now on ComputingCareers:

Related IT jobs

Search thousands of IT jobs :

Search thousands of IT jobs:

Advanced search

Advertisement

Spotlight

deloitte

Summit interview: Deloitte discusses security implications of the data deluge

We chat to Mike Maddison, UK head of Security, Privacy...

ibm logo

IBM boosts mobile shopping with WebSphere Commerce

Update designed to give mobile users a richer, more personalised...

Summit: Intel discusses processors for data overload (part 2 of 2)

More thoughts on how servers can help manage overload

chrome logo

Google plans a Mac version of Chrome

A Mac-friendly version of the browser is in the pipeline

Primary Navigation