Government urges boost of IT market. (IT News).Trade Partners UK--the government body set up to support UK companies trading internationally--has called for UK IT industry players to take a larger share of the 425 billion [pounds sterling] global market for software, services and hardware. Currently UK companies' exports in the sector total 20 billion [pounds sterling] "Although we have an estimated 70,000 to 125.000 companies engaged in the supply of IT products and services in the UK, many of the firms in this sector have yet to realise their potential for overseas market sales,' said Mike O'Malley Michael Donald O'Malley (born October 31, 1969 in Boston, Massachusetts) is a New Hampshire-raised actor, most famous for playing Jimmy Hughes in the CBS series "Yes, Dear. , senior international trade advisor for ICT (1) (Information and Communications Technology) An umbrella term for the information technology field. See IT. (2) (International Computers and Tabulators) See ICL. 1. (testing) ICT - In Circuit Test. , Trade Partners UK. "A distinct competitive advantage for the UK is that English is the language of IT, you only need to glance at the Internet to prove that. Britain excels in high quality innovative software, especially in banking and finance. We also boast an impressive number of entrepreneurial en·tre·pre·neur n. A person who organizes, operates, and assumes the risk for a business venture. [French, from Old French, from entreprendre, to undertake; see enterprise. technology-focused SMES SMES Superconducting Magnetic Energy Storage SMES Strategic Missile Evaluation Squadron SMES Saint Margaret's Episcopal School (San Juan Capistrano, California) SMES St. Marys Elementary School who are prepared to invest time in ground-breaking business models to deliver services and tailored support solutions. The next stage is for these firms to globalise and start winning contracts overseas,' said O'Malley. Trade Partners UK provides UK companies with global expertise on international trade and investment--and despite the economic setbacks of the last 18 months, the organisation is mounting efforts to promote British export potential in IT. To help promote international trade in this sector the government recently launched a new website, www.internationalgrowth.org Backed by Trade Partners UK, the DTI Diffusion tensor imaging (DTI) A refinement of magnetic resonance imaging that allows the doctor to measure the flow of water and track the pathways of white matter in the brain. and IT industry association Intellect A natural language query program for IBM mainframes developed by Artificial Intelligence Corporation. The company was later acquired by Trinzic Corporation, which was acquired by Platinum, which was acquired by Computer Associates. , the website provides the UK IT industry with an interactive resource of sales leads A sales lead is the identity of a person or entity potentially interested in purchasing a product or service, and represents the first stage of a sales process. The lead may have a corporation or business associated with the person(s). , country reports, useful contacts and related web resources. There is also a skills development section with on-line questionnaires designed to help businesses gauge whether they are `ready to internationalise'. More information for companies planning to set up abroad can be found on the Trade Partners UK website on: www.tradepartners.gov.uk |
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