Professional Orientation 2: Comprehensive IT Industry Report

This report provides an overview of the Australian IT industry, highlighting its significance in national security, economic growth, and global competitiveness. It discusses the industry's growth drivers, including enterprise investments in software and services, the adoption of cloud and edge computing, and the integration of IoT and AI technologies. The report also addresses challenges such as cyber and security threats. It identifies key players like Acer, CSC, Canon, EMC, and HP and analyzes current trends, including hardware's connection with recession and software spending growth. The report emphasizes the demand for IT professionals and the industry's contributions to technological advancements, offering a comprehensive understanding of the Australian IT landscape.

Professional orientation

Professional Orientation 1
Information technology (IT) is an integrated platform comprising software, hardware, and
services. There are IT departments in the organizations which are liable for storing,
upkeeping, processing, transmitting and recovering information. The IT has given rise to
eminence as a perilous determinant of national security, economic growth, and global
competitiveness. The information technology industry has identified to be one of the leading
industries worldwide. The industry has a thoughtful influence on the globe’s trajectory and
societal well-being of normal people. Information technology influences everything from
resource allocation to income distribution and growth. The innovations are the feature of the
IT industry and have empowered international supremacy.
It enables a smooth flow of information in the organization. The growth in the Australian IT
industry is driven by enterprise investments in software and services solutions. There is
demand in the IT industry to utilize cloud and edge computing. Internet of Things (IoT) and
Artificial Intelligence (AI) technologies offer unconventional automation to enhance
productivity. The Australian IT industry is having a steady growth in spending over the
medium term. There is a spur in the demand of the IT industry due to some factors such as
the breadth of service amenities (Macdonald, 2018). The individuals nowadays are focused
on the domain competencies and expertise to make sure that super value addition to the
projects of clients. Moreover, the service offerings have evolved from low-end application
advancement to high end integrated IT solutions. The Australian IT industry has identified
market drivers in the form of increased IT initiatives by the government. The industry faces
challenges due to progressed cyber and security threats. There is an increase in the adoption
of cloud computing in the Australian IT industry (Marchewka, 2016).
The Australian IT industry has attained fifth-largest ranking after Japan, China, India, and
Korea. The Australian IT industry is continuing to offer prospects in government, consumer
and business sectors. Australian IT industry is diverse and highly fragmented. There are large
players in the industry creating the bulk of revenues and the smaller companies are leading
with innovations and exports. The key players identified in the Australian IT industry are
Acer computer, CSC, Canon, EMC, HP and more. There is a wide product spectrum from
software and media content to the electronics manufacturers. The telecommunication is
creating 40% of the revenues of the IT industry. The current trends of the Australian industry
comprise that hardware is having a major connection with the recession. The software
spending is likely to grow with the little steps (Lund, et al. 2017). The spending on software
like ERM, database, and CRM is anticipated to grow at a slower rate.

Professional Orientation 2
The growth of the Australian IT industry represents the demand for IT professionals in the
future. Australia has been a sophisticated user embracing new technology. The leading
international companies in Australia are using technology to advance and develop new
applications and acting to make sure that ICT systems are secure, widely accessible,
interoperable and contribute to the output gains (Aasheim, Li and Williams, 2019). The
companies in Australia can effectively advance solutions with international applications.
There are various companies in the Australian industry which are offering solutions from
Australia to province and world. Canon has maintained its research and development center
in Sydney and is liable for 30% of its international development operations. EMC is United
States information storage and management company is representing in more than fifty
nations. Australia is hosting one of EMC’s 4 international support centers. Red Hat is also
another example of widening its provincial engineering and sustenance HQ in Brisbane.

Professional Orientation 3
References
Aasheim, C.L., Li, L. and Williams, S., 2019. Knowledge and skill requirements for entry-
level information technology workers: A comparison of industry and academia. Journal of
information systems education, 20(3), p.10.
Lund, C., Pryor, T., Jennings, P., Blackmore, K., Corkish, R., Saman, W., Miller, W.,
Watanabe, E. and Woods-McConney, A., 2017. Sustainable energy education: addressing the
needs of students and industry in Australia. Renewable Energy and Environmental
Sustainability, 2(2017).
Macdonald, S., 2018. High technology industry in Australia: A matter of policy. In The
Development of High Technology Industries (pp. 223-261). Routledge.
Marchewka, J.T., 2016. Information technology project management: Providing measurable
organizational value. John Wiley & Sons.