IT to generate 5.8 million new jobs by 2013: IDC

October 5, 2009 at 2:08 am Leave a comment

The IDC predicts 5.8 million new jobs by 2013!  How’s that for an attention getter?   The International Data Corporation released its annual market research with predictions that by 2013, further advancements in IT technology and education will lead to an estimated 5.8 million new jobs.  Now, as college students prepare to start their career, these words come as sweet relief to know that technology could be the key to leaving this economic slump.

IDC predicts that the IT industry will be an engine powering economies out of economic doldrums, creating more that 75,000 new businesses in the next four years and adding jobs at a rate of 3 percent annually. “Countries that foster innovation and invest in infrastructure, education and skills development for their citizens will have a major competitive advantage in the global marketplace,” said Microsoft chief executive Steve Ballmer.  Microsoft sponsored the IDC research into the Impact of IT in 52 countries that represent 98% of the global IT spending.

These past few years have shown incredible creations that the advancement in computing technology helped to foster.  A great example is the evolution of the iPod.  When you look at the first generation iPod, which was released in October of 2001, compared to an iPod Touch which was released 6 years later shows how we can improve computing technology without sacrificing it’s physical size.

IDC estimates that advancements in computer technology could add 800 billion dollars in new business revenue between 2009 and the end of 2013.  “Over the past 20 years, we’ve seen transformative power in how investments in IT innovations foster economic growth,” said Robert D. Atkinson, founder of the Information Technology and Innovation Foundation in Washington, D.C.

This article is from the Association for Financial Professionals and can be found here.  Thanks for reading and don’t forget to take the quiz!

Mike

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