Demand for IT Contractors Set to Soar in the G20 Countries

PAYE umbrella contractors working in the IT skills market should prepare to get busy according to a major new study from the global management consulting firm Boston Consulting Group (BCG). Why? Because the value of the G20 countries’ digital economy is set to double in just four years.

The study, which was supported by internet behemoth Google, suggests that the burgeoning use of mobile devices will drive the digital economy’s value from its current level of £1.5 trillion to a stratospheric £2.7 trillion by 2016. IT contracting, especially for techies familiar with mobile platforms, is likely to be buzzing over the next few years.

The research suggests that three billion people will be surfing the net routinely by 2016, a figure that represents almost half the global population. They won’t be sitting at a desk gazing at a PC fixed to the wall with a copper wire internet connection: 80% of the world’s web surfers will be on the hoof, flipping through web pages on their mobile devices. This is hardly surprising, given the dramatic fall in the price of smartphones over recent years.

The rapid digital expansion is likely to have major implications for running businesses: people, structures and processes will need to be adapted for the digital economy, root and branch. Going digital can no longer be seen as a bolt-on, but as the core of new business models. The number of products being controlled via the internet is soaring, and will include cars, sensors, radiators and much else besides.

According to BCG spokesman Paul Zwillenberg, digital businesses are already galloping ahead of competitors who remain outside of the web economy.

Source:

http://www.bbc.co.uk/news/business-16753902