IT key to driving productivity, says Intellect
- 17 February, 2011 06:03
Intellect has agreed with government ministers plans to hold a technology summit to examine how IT can play a role in the UK's growth strategy.
The trade association for the UK's technology sector believes that IT has an important role to play in driving the country's productivity, and therefore economic growth.
John Higgins, director general of Intellect, said: "This is not about special pleading for more expenditure on ICT. Promoting investment in ICT that fails to generate additional productivity benefits across the economy will not benefit the long-term interest of the sector.
"The focus must be on the more efficient and effective use of ICT that enables innovation rather than simply the volume or scale of ICT usage. It is vital for the country to bridge the productivity gap."
The technology summit is an announcement that comes out of a recent roundtable event that Intellect hosted, attended by business secretary Vince Cable and communications minister Ed Vaizey.
Cable said: "The growth review not only focuses on emerging sectors, but also those that are already strong, like the technology sector.
"By promoting these sectors and working to remove barriers to growth we can make sure that we create the right conditions for future economic prosperity."
Representatives from industry who also attended the roundtable included Olivia Garfield, group director of strategy, policy and portfolio at BT, Stephen Leonard, CEO of IBM UK, Andy Green, CEO of Logica and Victor Chavez, CEO of Thales.
Intellect will now carry out a review of how technology drives innovation and helps to increase productivity, ahead of the technology summit, which is scheduled to take place later this year. Issues such as skills, training and education, cyber security and finance for the sector will be examined at the summit.