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IT sector 'still waiting for full recovery'

The UK's IT industry has yet to recover fully from the global economic downturn, an expert has pointed out.

Recent figures from e-skills UK, the sector skills council for business and IT, showed that investment in both hardware and software rose for the second quarter in a row.

In addition, the unemployment rate among IT professionals fell from 5.2 per cent to 4.7 per cent during the final quarter of 2009.

Michael Dean, head of marketing at the National Computing Centre, said the report shows full recovery has not been experienced by the country's IT sector and further changes could be seen.

'The IT industry is always bullish, but there are big shifts coming in the way corporates buy IT - as outsourced or cloud computing matures,' he commented.

Mr Dean also claimed that the recession has lead to big changes in the structure of the IT industry, as large firms have bought up their small competitors and branched out into new markets.
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