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Software Industry on the raise in Australia

Posted Under : Business Strategies

  • Amar InfoTech
  • December 10, 2010

It Industry in Australia is on the raise these days this is as a good number of new firms have started in the past years. According to recent study Australia has improved its ranking position for It Services from the past two years.

Australian software market can be seen one of the emerging IT Industry in the Asia Pacific region competing with countries like New Zealand, China, Hong Kong, India and Singapore. The average pay scale of IT professional has grown to AUD 100,572 annually.

Software & Services industry employment share of the ICT industry is 48% which is followed by communication services and etc this raise indication of It market growth in the region; the number of internet subscribers is increased by 17% and is calculated at 28.20 million by last quarter this year.

Many top it firms are already operating from Australia to generate more revenue from web development & web designing and many more are planning to establish their offshore centers to capture budding business opportunities of the region.

As the year is nearing its end let’s hope the in the New Year more waivers are provided from the government and will I turn help faster industry growth.