Information technology, IT, is the use of computers to store, retrieve, transmit, and manipulate data or information, often in the context of a business or other enterprise. An information technology system is generally an information system, a communications system or a computer system i.e. hardware, software and peripheral equipment.
The global information technology industry is on pace to reach $5 trillion in 2019. The enormity of the industry is a function of many of the trends. Economies, jobs, and personal lives are becoming more digital, more connected, and increasingly, more automated. Waves of innovation build over time, powering the technology growth engine that appears to be on the verge of another major leap forward.
The global information technology industry are projected to grow at a rate of around 4.0% in 2019. Advances in cloud computing, edge, 5G, and other infrastructure technologies, will usher in the next wave of services and software. The data suggest IT industry business confidence runs counter to other industry sector or consumer indices, many of which dipped during late 2018 and early 2019. This comes as no surprise given the unease stemming from rising debt levels, stock market volatility, international tension, the record-setting government shutdown, Brexit, and any number of other factors.
AVTech provides service excellence in IT and we form partnerships based on trust and collaboration. We continue to adapt, grow and develop, to ensure that the services our clients receive are the most up-to-date and effective.