Resurgence of the Demand in Global IT Sector • World wide jobs in the IT Industry around 6.7 million today – predicted to be around 10.6 million by 2008 • Employers in Europe & US reporting shortages in some IT jobs – eg. Systems Architecture, Biotechnology, Bioinformatics, Nanotechnologies • In Yr 2000, global I.T. companies (CISCO, Oracle, Microsoft, SUN, Novell) certified 1.6 million students worldwide with 2.4 million certificates in Information Technologies
Source: Economist January 2005 – The World In 2005 – McKinseys; ‘The Changing Enterprise’ – ACE 2002;