The European IT Industry: UK

1. IT Environment 1.1 Country Overview The U.K. economy has grown for eight sequent years. Prospects for move harvest-tide are strong and real GDP ontogenesis is pass judgment to rise above 2 percent in 2001 despite the world-wide economic slowdown. All of the one hundred largest U.S. companies exceed a penny established operations in the U.K. The U.K. attracts over 20% of global inward investiture destined for Europe, and ab fall out 40% of enthronization projects from the Far East and the United States. The work sphere, including banking, insurance and investing management accounts for al most(prenominal) 70% of the UKs GDP. Britains telecommunications sector is among the most all-embracing in Europe, providing opportunities for innovative redevelopments and service providers. Broadband is in the process of being rolled out across the country. The British economy is market-driven, with independent regulatory bodies supervise some sectors where the ecumenical public is affected including the telecommunications sector. The recent discharge of the U.K. digital contact and data protection regulations are anticipate to accelerate the economic consumption of the Internet and e-commerce. The U.K. has no real(a) trade or investment barriers, or restrictions on the rapture of capital. The barriers that do exist are due to EU Directives and regulations. An EU common external tariff applies to all non-EU imports, and a local anesthetic valued-added tax of 17.5 percent applies to most transactions including imports.

Road and groom transportation and distribution in the U.K. call f or capital investment for modernization and ! the government has planned significant capital injectant over the next few years. 1.2 UK education and Communications technology (ICT) Overview The UK telecommunications infrastructure is highly developed. The U.K. is extensively cabled and has ISDN bandwidth on demand. Digital TV will play a major role in bringing the Internet to non-PC users with half of the universe of discourse expected to go digital by... If you want to get a well(p) essay, order it on our website: OrderCustomPaper.com

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