Posts Tagged ‘BEA’
Sizing the Fintech addressable market
Fintech, or Financial Technology, has been around for some time. Lately, interest has been gaining steam, particularly among venture capitalists. However, fifteen years ago, this was the abbreviation used when banking discussed its plans for IT spending, mostly back office infrastructure. When you hear the term now it’s #fintech, referring to startups threatening to disrupt…
Read MoreHealthcare Information Technology Investment Trends
According to US government data (US Bureau of Economic Analysis (BEA)), Healthcare industry investment in computers, software and communications equipment has grown by a compound annual rate (CAGR) of 6% since 2000. For the rest of the private (non-government) US market, such investment has grown at a slightly lower rate of 5% per year. Interactive…
Read MoreUS Information Technology Investment per Worker
Investment in information technology by US businesses varies dramatically across industries. On a per worker basis, the top industry invested over 300 times that invested by the bottom industry in 2015. Why does information technology investment per worker matter? While information technology (IT) investment per worker has grown over time across all industries, there clearly…
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