Wednesday, April 25, 2018

IT industry advancing at fast pace in country - IT and ITEs export stood at 3.8 billion dollars

ISLAMABAD (APP) Accelerated growth of IT, ITEs export increased by 150% during last five years (FY 2013-14 to FY 2017-18) at compound annual growth (CAGR) of 20% as compare to CAGR of 14.7 % during the period of previous government.

An official of ministry of Information Technology and Telecommunication told APP on Friday that total IT and ITEs export stood at 3.8 billion dollars including ½ billion earned by free lancers.



He said, Ministry of Information Technology and its departments were steadfastly committed to provide enabling environment for the industry and boosting exports of the country.

According to official data Pakistan’s IT industry has exhibited positive growth trends for the last 5 years with 150% growth in export earnings.

During 2016-17, Pakistan’s IT exports were $3.3 billion, which have jumped to $5 billion and are expected to grow to $6 billion next years.

Pakistan’s IT industry is growing at a fast pace across different categories.

Enterprise software has grown by 17%, marketing tech 15%, financial services 13%, consumer goods 9%, retail/e-commerce 8%, professional services 8%, internet of things/hardware 7%, health care 4%, media 4% and non-profit 3%.

Facebook, Amazon and other giants of IT sector are anticipating something huge in the start-up world of Pakistan as evidenced by the huge number of sponsors.

Pakistan government has also started promoting start-ups, for example, it has given three-year exemption from taxes to the start-ups and set up national incubation centres in Lahore, Islamabad, Peshawar, Karachi and Quetta.

Department working under IT & telecom ministry, Pakistan Software Export Board has selected 30 IT professionals and 28 IT companies and given certifications in Capability Maturity Model Integration (CMMI) platform.

Moreover, 134 IT companies got certifications in ISO 9001, ISO 20001 and ISO 27001 helping them to generate IT exports from developed countries.

Managing director of PSEB told the directors in their previous meeting that PSEB has achieved significant milestones in IT promotion over the last four years.

PSEB participated in 11 international trade fairs along with 65 IT companies. He told the boards that Pakistani companies were able to generate more than 2 thousand leads with the help of those events, he added.

He said, Trade fairs and exhibitions had promoted Pakistan as a viable destination for outsourcing, Pakistan’s exports increased due to PSEB efforts of organizing participation in International expos along with IT companies.

Later in another meeting, Minister of IT Anusha Rehman, approved “DigiSkills” programme to provide training to 1 million youth to streamline excellence in technology, innovation, and professionalism, focusing on building a workforce for future driven by 4th Industrial revolution.





SHARE THIS

Author:

Thanks for visiting our website. Like our FB pages and subscribe for daily updates; you can comment on the above post bellow ↓with your Google id or Facebook id – Thank you for your time..☺

0 comments:

 
‎لطیفے اور شاعری‎
Facebook group · 8,142 members
Join Group
یہ گروپ آپ سب کے لئے ہے۔ پوسٹ کیجئے اور بحث کیجئے۔۔۔۔۔ اپنی آواز دوسروں تک پہنچائے۔۔۔اور ہاں گروپ کو بڑا کرنے کے لئے اپنے دوستوں کو بھی گروپ میں دعو...
 

All Categories

Aaj Kamran Khan ke Saath Aamir Liaquat Hussain Aapas ki Bat NajamSethi Abdul Qadir Hassan AchiBaatain Afghanistan Aga Khan University Hospital AirLineJobs Allama Iqbal America Amjad Islam Amjad Anjum Niaz Ansar Abbasi APP Aqwal Zareen Articles Ayat-e-Qurani Ayaz Amir Balochistan Balochistan Jobs Bank of Khyber Banking Best Quotes Biwi Jokes Blogger Tips Chaltay Chaltay by Shaheen Sehbai China Chitral Coca-Cola Coke Studio Columns CookingVideos Corporate News Corruption Crimes Dr Danish ARY Sawal Yeh Hai Dubai E-Books EBM Education Educational Jobs Emirates English #Quotes English Columns EnglishJokes Funny Photos Funny Talk Shows Funny Videos Gilgit-Baltistan Girls Videos Govt Jobs HabibJalibPoetry Hamid Mir Haroon Al-Rashid Hasb-e-Haal with Sohail Ahmed Hassan Nisar Hassan Nisar Meray Mutabaq Hazrat Ali AS Sayings HBL Health HikayatShaikhSaadi Hospital_Jobs Hotel Jobs Huawei Hum Sab Umeed Say Hain India Information Technology Insurance International News Islam Islamabad Islamic Videos JammuKashmir Javed Chaudhry Jazz Jirga with Salim Safi Jobs Jobs Available Jobs in Karachi Jobs in KPK Jobs in Pak Army Jobs_Sindh JobsInIslamabad Jokes Jubilee Insurance Kal Tak with Javed Chaudhry Karachi Kashmir KhabarNaak On Geo News Khanum Memorial Cancer Hospital Khara Sach With Mubashir Lucman Khyber Pakhtunkhwa Lahore Latest MobilePhones Lenovo LG Life Changing Stories LifeStyle Live With Dr. Shahid Masood Live with Talat Hussain Maulana Tariq Jameel MCB Bank Microsoft Mobilink Mujeed ur Rahman Shami Munir Ahmed Baloch Nasir Kazmi Nazir Naji News News Videos NGO Nokia North Korea Nusrat Javed Off The Record (Kashif Abbasi) Off The Record With Kashif Abbasi On The Front Kamran Shahid OPPO Orya Maqbool Jan Pakistan Pakistan Army Pakistan Super League Pashto Song Photos Poetry Political Videos Press Release Prime Time with Rana Mubashir PTCL Punjab Quetta Quotes Rauf Klasra Samsung Sar-e-Aam By Iqrar-ul-Hasan Sardar Jokes Saudi Arabia ShiroShairi Show Biz Sikander Hameed Lodhi Sindh Social Media Sohail Warriach Songs Sports News Stories Syria Takrar Express News Talat Hussain Talk Shows Technology Telecommunication Telenor To the point with Shahzeb Khanzada Tonight with Moeed Pirzada Turkey Tweets of the day Ufone University Jobs Urdu Ghazals Urdu News Urdu Poetry UrduLateefay Video Songs Videos ViVO Wardat SamaaTV WaridTel Wasi Shah Zong اردو خبریں
______________ ☺ _____________ _______________ ♥ ____________________