Feeds

US losing grip on IT industry

Scandinavia and Europe give the Yanks a good kicking

  • alert
  • submit to reddit

Reducing security risks from open source software

Europe is leading the way when it comes to cutting-edge technology, with the US playing catch-up, according to analysts IDC. Perhaps a little behind the times, IDC quotes wireless technology as one example (well, actually the only example) of where Europe is kicking ass (or arse, depending on where you live).

It does, however, come up with some pretty good figures. Some of the best are:


  • Sweden has overtaken the US when it comes to percentage of GDP spent on IT (UK is third)
  • Switzerland, Denmark and Norway have largest IT spend per capita
  • Followed by Sweden and Finland
  • Worldwide IT spending to reach $975.5 billion this year
  • Hardware still accounts for 42 per cent IT spend in the US, but is 38 per cent for Western Europe and 32 per cent for the UK (this is seen as an indication that more work is being done on Internet technology etc.)

So there you go, we're the best. Of course, what these figures don't really draw attention to is that percentages are a very misleading way of representing money. Would you rather have 20 per cent of a tramp's income or 2 per cent of a rich man's income? One would give a playboy lifestyle, the other, a copy of Playboy. ®

Eight steps to building an HP BladeSystem

More from The Register

next story
BBC goes offline in MASSIVE COCKUP: Stephen Fry partly muzzled
Auntie tight-lipped as major outage rolls on
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
White? Male? You work in tech? Let us guess ... Twitter? We KNEW it!
Grim diversity numbers dumped alongside Facebook earnings
Bose says today IS F*** With Dre Day: Beats sued in patent battle
Music gear giant seeks some of that sweet, sweet Apple pie
HP, Microsoft prove it again: Big Business doesn't create jobs
SMEs get lip service - what they need is dinner at the Club
ITC: Seagate and LSI can infringe Realtek patents because Realtek isn't in the US
Land of the (get off scot) free, when it's a foreign owner
Amazon Reveals One Weird Trick: A Loss On Almost $20bn In Sales
Investors really hate it: Share price plunge as growth SLOWS in key AWS division
Dude, you're getting a Dell – with BITCOIN: IT giant slurps cryptocash
1. Buy PC with Bitcoin. 2. Mine more coins. 3. Goto step 1
prev story

Whitepapers

Top three mobile application threats
Prevent sensitive data leakage over insecure channels or stolen mobile devices.
Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Designing a Defense for Mobile Applications
Learn about the various considerations for defending mobile applications - from the application architecture itself to the myriad testing technologies.
Build a business case: developing custom apps
Learn how to maximize the value of custom applications by accelerating and simplifying their development.