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May 11, 2015

Scotland to see 2015 digital tech boom

Businesses are optimistic about sales and employment prospects.

By Alexander Sword

The Scottish digital industry predicts strong growth for 2015, according to research from ScotlandIS.

83 percent of digital organisations plan to increase staff numbers, while 86 percent expect sales to rise in the coming year. This latter figure rose to 96 percent in medium-sized companies.

The research also revealed that 74 percent of organisations expect to recruit this year.

The news comes as 70 percent of businesses reported sales growth in 2014. 42 percent of organisations reported increased and 42 percent stable profit margins.

Polly Purvis, CEO of ScotlandIS, says: "This is great news for a vibrant industry which is going from strength to strength. There has never been a better time to get into software and IT.

"For young people considering their career options our industry offers huge opportunities, from founding your own tech start-up to international marketing as Scottish technology businesses increasingly move into global markets."

She comments: "The skills gap is beginning to hit home, causing wage inflation and making it harder for companies to retain experience, so we are pleased to see the public sector and our members working together to find a solution.

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"We have welcomed initiatives such as the Skills Investment Plan for Scotland‘s Digital Technologies and ICT Industries, and we are glad to see that its recommendations are being put into action. By dealing with this problem now we will ensure that our industry is able to continue to grow and contribute to the Scottish economy."

The annual survey by the Scottish IT trade body polled 150 organisations.

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