President's Report 2008
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‘Intellect’s Leaders Network comprises the 100-plus dividuals who play an active role in the Intellect board and its committees, or provide leadership across the association’s extensive work programme.’

'Recent research by the Department of Business, Enterprise & Regulatory Reform (BERR) shows:
The competitiveness of the UK economy is underpinned by the presence of a strong technology sector.'

‘By 2010 it is predicted that 86% of the UK population will be web users, making us second only to the Nordic countries among European rivals.’

'Convergence, especially the availability of internet computing to the masses over state of the art communications networks at globally competitive prices, is helping to create a world where there is a discernible shift in consumer/citizen behaviour.’

 

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Facts and figures

How much do you think your industry will grow in 2008?

Score: 32
The cautious optimism reflected in a score of 32/100 masks the different sentiments expressed by the constituent parts of the Intellect membership.

How much value does your industry add to its customers?
Score: 78
A score of 78/100 shows that Intellect members are confident that the technology sector is delivering value to customers.

How good a reputation does your industry have?
Score: 64
In trust rankings across Europe, the UK is rated fourth, with technology remaining the most trusted business sector within the UK.

How innovative is your company?
Score: 74

The barometer score of 74/100 reflects a wider interpretation of innovation. The UK technology sector is not just a conveyor belt for innovative products and services but also new ways of marketing, delivering and transacting with customers.

Facts

  • By 2010 it is predicted that 86% of the UK population will be web users, making us second only to the Nordic countries among European rivals.
  • 87% of households now receive digital television, that’s around 22.2 million.
  • 71% of households have PCs.
  • 58% households have broadband access enabling 4.2 million people to work from home.
  • In trust rankings across Europe, the UK is rated fourth, with technology remaining the most trusted business sector within the UK (67%).
  • The technology sector playing a significant role in the UK economy:
    • generating over £35 billion of Gross Value Add (GVA)
    • employing over 5 million people in the wider knowledge
    • with over one in twenty of the UK workforce an IT professional.
  • Electronics market become the biggest in Europe making up some 26% of total European sales in 2007.
  • NHS Connecting for Health reported recently that technology has saved the NHS at least £208 million.
  • London’s Congestion Charge has reduced CO2 emissions by 15%.
  • The number of adults in the UK using online banking has increased by 174% to 17.1 million.
  • Over the first half of 2007, 90% of UK music single sales by volume came from digital downloads to the computer or a mobile handset.
  • During the first seven weeks of the launch of the BBC iplayer service, over 17 million programmes were streamed or downloaded in January 2008.
  • Online shopping reached a record high of £4.5billion in February 2008 in the UK, with web sales increasing 75% year-on-year.

To read the full report:

download the 'President's Report 2008' (PDF 1.4 MB).

For further information contact: 

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