Industry Analysis & Industry Trends
The Computer System Design Services industry is comprised of businesses that assist in the development and implementation of programming systems and business solutions. The industry has rapidly grown since the use of computers in the workplace became more common and has benefited from businesses outsourcing many non-essential operations. Industry growth slowed briefly during the global financial crisis as business confidence dropped considerably. In the wake of the crisis, financial service providers, banks and insurers continue to be the industry's largest clients. Over the five years through 2013-14, industry revenue is expected to grow at an annualised 3.9% to total $44.2 billion, including 2.6% growth in 2013-14... purchase to read more
Industry Report - Starting a New Business Chapter
The industry exhibits a low level of concentration. New industry entrants are likely to target smaller firms and households by offering specialised services to a broad region or by offering a broad array of services. The main service points for consultants are virus protection, data storage and security, and database construction and maintenance. Smaller industry entrants will avoid competition with major players, as these players offer high-end services that tend towards highly complex systems. Major companies target different markets to smaller entrants, establishing major databases and maintaining mainframes for large companies in the finance and banking sectors.
To establish a software consulting business requires hardware, software and appropriate training or qualifications... purchase to read more