Bermuda Technology Report 2010

December 2, 2011

Today [Dec.2] the Department of Statistics released its annual Information and Communication Technologies [ICT] report with highlights for the year 2010.

According to the report, in 2010 almost 90 percent of all companies used computers in the daily operations and over 80 percent used the internet. Although just under half [47%] of all businesses have a web presence, most did not utilise this web presencefor e-commerce.

The report continued on to say that, “Only 26 percent of businesses used the internet to place orders for goods and services and a mere fraction of these businesses [5%] received orders over the internet. Most businesses used the internet for sending and receiving e-mail, with internet banking and accessing information being other popular activities.”

On employment the report says, “Employment within the ICT sector fell by 5.9 per cent to 1,384 jobs in 2010. However, the number of IT professionals increased by 127 workers over the previous year. Total ICT sector jobs represented 3.6 per cent of the total work force.

“Corporate downsizing and the elimination of jobs were factors that led to the general declining trend exhibited over the period 2007 to 2010. Approximately 34 per cent of employees worked in the ICT services sub-sector, which experienced major layoffs in the past 2 years due to cost-cutting measures.”

The full 5-page report is below, click “Fullscreen’ for greater clarity:

Category: All, Business, technology

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