Tuesday, 31 May 2016 12:23

CEDA alarm at drop in Australia’s IT skills

By
CEDA alarm at drop in Australia’s IT skills Image courtesy of Stuart Miles, freedigitalphotos.net/images

The Committee for Economic Development of Australia (CEDA) has expressed alarm that Australia’s information technology skills have dropped from a ranking of 27 last year to 36 this year.

CEDA made the comments in response to the Australian results of the IMD World Competitiveness Yearbook which ranks and assesses 61 countries on economic indicators.

CEDA chief executive Professor Stephen Martin says, overall, business confidence is rising in Australia despite core economic indicators not improving, according to the survey by IMD, with Australia regaining one place this year, rising from 18 to 17, moving up the rankings for the first time after five years of decline.

On Research & Development, Professor Martin says overall economic performance improved slightly on the back of gains in rankings for international investment, R&D and employment.

“R&D and innovation are always top priorities and it appears confidence is growing in our ability to keep pace globally in these areas. It appears the business community is less worried about R&D moving overseas than a year ago with Australia moving up the rankings from 53 to 47.”

But, according to Professor Martin, to support R&D, Australia needs “the right IT infrastructure and that is still an area of concern”.

“Australia improved in the technological infrastructure category from 33 to 26 but this seems to be largely due to the increasing number of broadband subscribers.

“Improving internet bandwidth speed still has a long way to go, with Australia dropping in the rankings from 26 to 39 which means despite the rollout of the NBN, other countries are getting better quicker.

“Even more alarmingly, Australia’s information technology skills have dropped from a ranking of 27 last year to 36 this year.”

On the overall economy, Professor Martin says the mining boom is over but “the slack is being picked up by other sectors so while our economy is not going as fast as in the previous decade we are still growing”.

“Overall economic performance improved slightly on the back of gains in rankings for international investment, R&D and employment. However, lower GDP growth and low inflation relative to other countries have meant we haven’t improved on core economic indicators.”

Professor Martin also points to another concerning area which he says has already had significant focus in mainstream media - property prices.

“The results of the WCY shows this is not just an issue for those seeking homes but also for those renting commercial premises with our ranking moving from 40 to 53 – making us one of the highest cost nations for commercial rental properties of the 61 countries assessed.

“For the apartment rental ranking Australia fell even further in the rankings dropping from 48 to 56.”


Subscribe to ITWIRE UPDATE Newsletter here

Now’s the Time for 400G Migration

The optical fibre community is anxiously awaiting the benefits that 400G capacity per wavelength will bring to existing and future fibre optic networks.

Nearly every business wants to leverage the latest in digital offerings to remain competitive in their respective markets and to provide support for fast and ever-increasing demands for data capacity. 400G is the answer.

Initial challenges are associated with supporting such project and upgrades to fulfil the promise of higher-capacity transport.

The foundation of optical networking infrastructure includes coherent optical transceivers and digital signal processing (DSP), mux/demux, ROADM, and optical amplifiers, all of which must be able to support 400G capacity.

With today’s proprietary power-hungry and high cost transceivers and DSP, how is migration to 400G networks going to be a viable option?

PacketLight's next-generation standardised solutions may be the answer. Click below to read the full article.

CLICK HERE!

WEBINAR PROMOTION ON ITWIRE: It's all about webinars

These days our customers Advertising & Marketing campaigns are mainly focussed on webinars.

If you wish to promote a Webinar we recommend at least a 2 week campaign prior to your event.

The iTWire campaign will include extensive adverts on our News Site itwire.com and prominent Newsletter promotion https://www.itwire.com/itwire-update.html and Promotional News & Editorial.

This coupled with the new capabilities 5G brings opens up huge opportunities for both network operators and enterprise organisations.

We have a Webinar Business Booster Pack and other supportive programs.

We look forward to discussing your campaign goals with you.

MORE INFO HERE!

BACK TO HOME PAGE
Peter Dinham

Peter Dinham - an iTWire treasure is a mentor and coach who volunteers also a writer and much valued founding partner of iTWire. He is a veteran journalist and corporate communications consultant. He has worked as a journalist in all forms of media – newspapers/magazines, radio, television, press agency and now, online – including with the Canberra Times, The Examiner (Tasmania), the ABC and AAP-Reuters. As a freelance journalist he also had articles published in Australian and overseas magazines. He worked in the corporate communications/public relations sector, in-house with an airline, and as a senior executive in Australia of the world’s largest communications consultancy, Burson-Marsteller. He also ran his own communications consultancy and was a co-founder in Australia of the global photographic agency, the Image Bank (now Getty Images).

Share News tips for the iTWire Journalists? Your tip will be anonymous

WEBINARS ONLINE & ON-DEMAND

GUEST ARTICLES

VENDOR NEWS

Guest Opinion

Guest Interviews

Guest Reviews

Guest Research

Guest Research & Case Studies

Channel News

Comments