Service sector is potentially at the heart of the new IS services mix, with London and the Channel coast offering the right mix of infrastructure, skills and higher prices for the services which underpin modern economy, according to the London Business School’s (LBS) John Zeegan. The consulting sector is now the second biggest IT service provider globally, and consultants are leading in more specific fields such as infrastructure, analytics and artificial intelligence.
IT services are projected to account for a significant portion of Britain’s services export soon. IT And so the service sector is potentially at the heart of the new IS services mix, with London and the Channel coast offering the right mix of infrastructure, skills and higher prices for the services which underpin modern economy. The consulting sector is now the second biggest IT service provider globally, and consultants are leading in more specific fields such as infrastructure, analytics and artificial intelligence. You can discover more now to know more about it.
This services sector is already the second biggest export of UK services, worth more than $9bn last year, and a lot of this is related to the ability of London and the Channel coast to offer high quality infrastructure for services. This is a point which has been largely ignored by foreign companies for the last few decades.
The services sector in the UK and in the world in general also offers a stable and low risk business environment. Last year, UK consultants and IT firms enjoyed average growth in profits, revenues and jobs of more than 9%, while overall GDP growth rates around the world were 2-3%. And so the service sector is potentially at the heart of the new IS services mix, with London and the Channel coast offering the right mix of infrastructure, skills and higher prices for the services which underpin modern economy, according to the London Business School’s (LBS) John Zeegan. The consulting sector is now the second biggest IT service provider globally, and consultants are leading in more specific fields such as infrastructure, analytics and artificial intelligence.
In addition, services are a good way of diversifying the current IT services export from London and the Channel coast. Services are widely adopted globally and offer a high profit potential for IT firms. And while services have a relatively high capital intensity, they are much less risky than IT services. The services sector is therefore potentially at the heart of the new IT services mix, with London and the Channel coast offering the right mix of infrastructure, skills and higher prices for the services which underpin modern economy.
An industry expert said in his latest article on IT services, he also mentions other IT services destinations, such as the fast-growing IT services industry, where tech companies have set up high quality IT services centers and London is one of the fast growing IT services industry.
And that a further growth in the IT services industry has been made possible by several new services centers, such as data centers, cyber security services and cloud services. The data center is the fastest growing segment of the IT services industry, particularly in the US and China. The internet services industry, on the other hand, has the lowest profit margins
Cyber security services are rapidly emerging as the third sector of the IT services industry. And IT services companies such as Accenture, Capgemini and IBM offer these services to businesses across the world.
