Intellect, the trade association for the UK hi-tech industry, has welcomed the findings of the Department of Trade and Industry (DTI) ICT and Productivity report series which found that ICT has an important role to play in helping to boost productivity.
John Higgins, Director General of Intellect, commented:
"The DTI reports prove what we have been saying for many years, that investment in and effective use of ICT increases productivity. The findings are consistent with recent statistics from the European Commission, showing that the ICT sector drives 40 percent of Europe's productivity growth and 25 percent of EU GDP growth. This is proof that countries that adopt, adapt and absorb the benefits of ICT, services and applications achieve significant benefits in terms of productivity, innovation, growth and quality of life. Vitally though, the reports have found that countries that invest heavily in ICT gain significant competitive advantage over countries that don't."