Technology Master or Victim?

摘要

The Global Technology Economy for 2012 will likely exceed $4.8 trillion and will account for more than 6 percent of the world's gross domestic product. Only three nations will surpass it in total output: the United States, China and Japan. In addition, with an expected growth rate of more than 4.7 percent, the global technology economy will grow faster than all but a few of the world's economies. Perhaps 10 percent of the global technology economy engine is in the world's financial services sector, with the average finan cial institution spending more than 6.5 percent of revenue and 8.4 percent of operating expense on technology. And even though the sector is struggling with finding growth while responding to regulation, its technology spending is facing upward pressure and significant increases.