Private Sector

“Private Sector is about the technology industry using its knowledge and capabilities to improve competitiveness and productivity of the UK”.

The effective application of technology can improve productivity, profitability and ultimately national economic performance and global competitiveness. The private sector has been using technology to transform its processes, business models and marketing channels for several decades now.

The advent of the PC network, the internet and mobile communications have revolutionised the way businesses manage their people, finances, supply chain and customer relationships. Each new technology offers enormous competitive advantage for early adopters and failure to exploit these developments can lead to business failure. Technology has also enabled the outsourcing of some business functions such as customer care, HR and finance, sometimes to more cost effective locations overseas.

Benefits

Benefits of being an Intellect member

Strengthen your knowledge and sector visibility by attending group meetings and events that work to highlight industry issues and support the development of agreed policies
Learn about the future plans of the industry regulators and their potential impact on technology companies. This will give you the advantage you need to stay ahead of the game.
Access information on key vertical markets such as financial services, utilities, postal technologies, or major events like the Olympics, to help give you the upper hand

Challenges

Our core challenges

improving the way both our companies and our customers run their businesses to support growth and innovation
demonstrating the value of technology driven business change to CEOs and CIOs across the economy
helping to create the policy environment required to support a thriving ICT sector
improving the image and accessibility of the technology industry to increase the number of skilled individuals within it

Achievements

Our work and achievements

published a series of white papers around document management and managed print; covering the developing and understanding of these services
developed a series of regular surveys to help identify and understand the concerns and issues facing the SME sector of the software industry
published ‘Data Security and Data Protection Guidelines for Offshoring and Outsourcing’ which offers a checklist of common data security and data protection issues
helped members understand procurement environments in key verticals

Facts and stats

Facts and stats

According to a recent report by Forrester, in 2008 the UK will be the fourth largest market for IT.
Britain’s creative industries are growing at twice the rate of other industries, contributing £60 billion to the UK economy. (Source: Department of Innovation, Universities and Skills).
The UK enjoys one of the most competitive, efficient and secure banking systems in the world. In 2005, 24 million personal customers registered to access their bank accounts online. (Source: British Bankers Association).
The knowledge economy is the fastest-growing component of the UK economy which, it is predicted, will have a 20% graduate workforce by 2020.