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)

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