How to be the best judge in Australia’s $7.2 billion IT sector
This week, we are bringing you an in-depth look at the future of Australia’s IT sector and how it is changing in the 21st century.
In the past, IT was a service industry with big players like Apple and Google playing a dominant role.
Today, the dominant players are increasingly taking on smaller, local and mid-sized players in a bid to compete with the biggest tech companies.
Here’s a look at how IT is changing.
IT is Changing Australia’s economy A major reason for the change is the growing competition for IT jobs.
“In the coming decades, the IT sector will be increasingly fragmented, with many of the biggest players looking to sell services rather than build their own infrastructure,” says Richard Thorsen, senior analyst at Deloitte Australia.
“This will mean smaller, more local businesses will be less able to compete on the same level as large international players.”
The biggest changes in the IT market come from the entry of large global firms like Microsoft, Amazon and Oracle.
These companies are able to take advantage of economies of scale in the Australian economy, and they are also better able to leverage the huge amounts of money that Australia has put into IT infrastructure, says Thorson.
For example, Microsoft has spent more than $1 billion in Australia, compared to $150 million for IBM.
This is because Microsoft is a global company with many global employees, and its infrastructure is much more sophisticated than those of the big global players.
IBM, on the other hand, has been a small player in the sector since the early 2000s, and has been focused on a small number of products and services, and a limited number of users.
In 2016, IBM bought the Australian firm Gartner for $16.6 billion, but it is now a smaller player.
As a result, IBM is able to offer better services and services in return for a higher price.
For instance, IBM offers a much higher price for a full-service server for $1,000 than it does for a half-service for $600.
The competition from global giants is likely to continue, says John McAfee, an analyst with IDC.
IBM’s new cloud platform, Hyper-V, is set to be a major competitor to Microsoft’s Azure cloud, which is used by Google and Amazon.
But it is also facing a competition from Amazon.com, which also has a huge cloud business.
McAfee believes that, if Microsoft continues to grow at the rate it has, it will become the dominant player in this market.
The next big challenge will be for the local IT industry.
“There are a number of players now who are trying to compete in this new market, and the local industry has yet to catch up,” he says.
“Local companies will have to become much more agile and flexible, with more agile processes that can be adapted to meet the needs of new customers and new businesses.
This means that local companies will need to become more adaptable in their processes and software, and better able, in the long term, to adapt to new technologies and changes in market conditions.”
The impact of the IT industry will be felt for years to come As we move forward in the 20th century, Australia will face a host of challenges that will affect the economy for decades to come, says McAfee.
“It will be hard to see how a market with so many multinationals and multinational IT companies can compete on such a large scale with the economies of the US and Europe, or with the new economies of Asia and Africa,” he warns.
The challenge will also be felt by the local Australian economy.
“We have seen some good examples of local companies that have responded to the changes, but many more will need more leadership and support from the Government and the public to take their own steps,” he concludes.
This article is based on an article published by The Hill.
The views expressed in this article are the author’s own and do not necessarily reflect Al Jazeera’s editorial stance.