The study, which was carried out by Centre for Economics and Business Research (CEBR), shows that the IT industry is forecast to grow at an annual rate of 5.1 per cent to 2015 and will drive employment growth in the next five years.
Shehan Mohamed, one of the report's co-authors said the study shows a "vibrant" economic sector with the IT industry being a highlight, which should lead the recovery.
CEBR's chief executive Douglas McWilliams added: "The sector and government need to think carefully about how external procurement can be used to help drive cost savings and improve efficiency. If they do that successfully then the outlook could be even better."
A recent report carried out by IntaPeopel showed that IT graduate vacancies, including those in sales recruitment, have risen by 80 per cent in the first 11 months of 2010 compared with the same period last year.
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Posted by Nikki Barrister
Source: The Sales Engineer News