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 rapidly grew since the use of computers in the workplace became more common, and has benefited as businesses continue to outsource many non-essential operations. The industry slowed briefly during the peak of the global financial crisis as business confidence dropped considerably. In the wake of the downturn, financial service providers, banks and insurers continue to be the industry's largest clients. Over the past five years through 2013-14, industry revenue is estimated to grow at an annualised 3.9% to total $44.2 billion, including a 2.6% jump over the current year... purchase to read more
Industry Report - Industry Products Chapter
The Computer System Design Services industry provides a wide variety of services that attempt to improve the use of computer systems in firms.
Computer system design
The industry derives the highest proportion of revenue from the provision of systems design, analysis and programming services. This involves scrutinising and providing recommendations for improvements to existing data storage and retrieval systems, databases and computing procedures. During poor economic conditions, this segment is the most likely to face counter-cyclical growth. This occurs as companies reassess their IT operations in an effort to reduce costs or access more lucrative markets. Consequently, this product segments contribution to industry revenue has increased over the past five years... purchase to read more