Presentation on theme: "1 Lithuanian ICT sector In 2003, the sector of information and other new technologies compounded 7.5 percent of the Lithuanian GDP About 500 of ICT."— Presentation transcript:
1 Lithuanian ICT sector In 2003, the sector of information and other new technologies compounded 7.5 percent of the Lithuanian GDP About 500 of ICT and electronics companies ITT wholesale market increased by 8%, to 153 million Eur There are 15 000 of high qualification specialists employed in the sphere of the information technologies alone.
2 Lithuanian ICT sector Their competence gained the international recognition as well – in 2003 more than 40 Lithuanian ICT companies exported their products and solutions to the EU, USA, Asian and CIS countries. During 2002–2003, Lithuanian ICT market has not only been growing 27-30%, but also creating new quality and cheaper products for its users.
3 Lithuania ICT Market Trends 2003 year Lithuanian ICT market size In total – appr. 1 237 million Eur. Note: Data on communication equipment and complex IT solutions market are tentative and approximate.
4 2003 year Lithuanian ICT market size In 2003, the sector of information and other new technologies compounded 7.5 percent of the Lithuanian GDP
5 Lithuania ICT industry export General Lithuanian export in 2003 increased by 8.7 percent Volume of Lithuanian ICT companies export is on the average 7 percent Lithuanian TOP 10 IT companies exports increased from 40 to 80 percent in 2003 Export of IT services in 2003 – about 45 million Euros The main Lithuanian ITT export markets: Germany, Russia, Belarus, Finland, Denmark, USA, and Latvia
6 Lithuania R&D In 2003, about 1950 ICT specialists studied in five Lithuanian Universities; 1000 Masters of Science About 500 ICT specialists are employed in Lithuanian or foreign ICT companies every year Lithuania’s ICT businesses and the Government have initiated a program of investment into R&D seeking to achieve that by 2008 up to 2.5-3 percent of State budget funds is allocated for R&D projects and enlargement of the related scope of work
7 Lithuania ICT infrastructure 89% of business have web pages Government has an initiative to train 10% of total population to use internet Government employees have a ECDL certificate 3 international airports, direct connection with major cities in Europe. The same or close time zone. Relatively short geographical distance
8 Over 15 000 employees in ICT software and services industry Well-trained & low-cost human resources available Annual average programmer salary – 9 000 Eur. Labour cost