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 Locations Chapter
New South Wales has the greatest discrepancy between the proportion of industry establishments and national population. This is likely due to the prominence of large firms in New South Wales. Most major international companies have headquarters in Sydney. Many of them also house the hub of their online and computing operations there. This would then require the presence of the larger players in the industry in that region.
It is not necessary to be physically present to conduct much of the work performed by players in this industry. Nevertheless, being near potential clients assists the marketing and sales process, which is essential for major players to compete with each other. These reasons apply to Victoria, which has the second-largest discrepancy... purchase to read more