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. The industry has grown over the past five years owing to increased online connectivity, with financial services providers, such as banks and insurers, continuing to be the industry's largest clients. Over the five years through 2014-15, industry revenue is expected to grow at an annualised 4.9% to total $48.1 billion. This includes forecast growth of 4.7% in 2014-15... purchase to read more
Industry Report - Industry Investment Chapter
The industry has a low level of capital intensity, as wages account for a larger proportion of revenue than capital. For every dollar spent on capital, an estimated $19.00 is allocated for labour. The high portion of revenue attributed to labour reflects the service-oriented nature of the industry and the high education level of employees. The larger firms in the industry typically employ more highly skilled staff and therefore have a higher wage-cost ratio. Larger firms are more labour-intensive and benefit from reduced depreciation and capital expenditure due to economies of scale.
Capital expenditure for the industry largely relates to computers, servers, equipment for networking and broadband and associated hardware... purchase to read more