Exploiting ICT Could Give Us Pounds 1.4bn Windfall; Skills Conference Highlights Research
Byline: MARTIN WILLIAMS
THE Welsh economy could benefit to the tune of pounds 1.4billion over the next seven years if businesses exploit the full potential of Information Communication Technology, said a skills council.
Research carried out in Wales by e-skills UK also revealed the IT and telecoms sector contributes 5% of the country's gross value added and needs more than 3,500 new entrants to join it every year to keep up with demand.
The e-skills UK Welsh conference Delivering Digital Wales 2011 was the first event of its kind and brings together partners from across the sector to address the opportunities and challenges faced by the digital sector in Wales.
Lesley Griffiths, Deputy Minister for Science, Innovation and Skills, told Business Post she is determined Wales will be in a position to exploit the potential of technology to drive productivity and competitiveness across the whole of the economy.
She said the sector's importance is recognised in the Welsh Assembly Government's recently launched programme Economic Renewal: a new direction which identifies ICT and the creative industries as two of six priority sectors which will drive the economy.
Government support would be focused on these sectors she said with investment in the digital economy directed towards skills, innovation and research and business infrastructure.
The Deputy Minister told delegates at the conference a Digital Wales Board is being established by the government to bring together a team of highly experienced individuals with expertise across the digital economy to advise Ministers on all aspects of the digital agenda. …