Friday, November 9, 2012

Study: Faith-Based IT Opportunities Will Be Worth $40 Billion by 2017

By Michael Gryboski , Christian Post Reporter
November 6, 2012|4:14 pm

A recent study by a technology research firm has concluded that in five years the value of information technology opportunities that are religiously based will be an estimated $40 billion.

Released in September by Stamford, Conn.-based Gartner Inc. and authored by Asheesh Raina and David M. Coyle, the study concluded that religion would heavily influence IT developments.
"The role of religion in generating new business opportunities for the IT industry will continue to evolve and will benefit from ongoing convergence of traditional and emerging trends, with added support and findings from religion experts and sociologists," wrote Raina and Coyle.
"In the next four to five years, religion slowly but steadily will continue to drive and change the way IT is consumed today by generating a significant amount and variety of new IT opportunities and business models."
In an interview with The Economic Times, lead author Raina explained how religions would globally influence and contribute to IT developments and business.
"Religion has a great influence on high-growth regions such as Latin America, Africa, the Arab world and South Asia, thus compelling new entrants and incumbent IT providers to seek new opportunities with religious entities," said Raina.

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