The Computer System Design Services industry comprises businesses that develop and implement programming systems and business solutions. The industry has steadily expanded over the past five years as computers and information technology in the workplace have required regular upgrades and enhancements, with many businesses outsourcing non-essential systems operations. Furthermore, increased online connectivity has driven the industry’s growth, with financial services providers such as banks and insurers remaining the industry’s largest clients. Industry revenue is expected to grow at an annualised 3.0% over the five years through 2018-19, to reach $53.5 billion. This includes anticipated revenue growth of 3.1% in the current year.
Industry Threats & Opportunities
- Business and community reliance on the internet has underpinned industry growth
- High industry competition has limited pricing growth, contributing to lower profit margins
- Industry employment is projected to increase, as demand for IT specialists steadily grows
Industry Report – Industry Key Buyers Chapter
The industry exhibits a low concentration level. Despite the presence of several high-profile multinational corporations, the four largest players in the industry are anticipated to only account for approximately 12% of industry revenue in 2018-19. The industry’s low concentration level is partly due to its numerous small specialist firms and independent contractors. The majority of companies in the industry are sole traders with relatively low revenue. Industry concentration is projected to grow slightly over the next five years. Larger industry participants are increasingly consolidating operations by acquiring firms, to enhance economies of scale.
Additional Insights for the Computer System Design Services Industry
IBISWorld identifies 250 Key Success Factors for a business. The most important for the Computer System Design Services Industry are
- Having marketing expertise
- Development of new products
- Ready access to investment funding
IBISWorld analysts also discuss how external factors such as Capital expenditure on computer software and Capital expenditure by the public sector in the Computer System Design Services industry impact industry performance.
The Bachelor of Information Technology (Business Information Systems) in ATMC – Federation University examines – with a strong emphasis on electronic commerce – the organizational and technological issues that are needed for the analysis and design of business information systems. The program provides a state-of-the-art program that considers modern principles and theories of computing together with the practical applications of technology. It provides students with the appropriate knowledge, skills, and values to be effective in modern business environments.
Throughout the program, you will become familiar with the latest developments in IT, and understand the different types of information technology tools and their applications. You will develop an understanding of the organizational settings in which information systems are used, and recognize the threats and opportunities of technology in business. An understanding of the role of modern information systems in society and business is also developed.
Professional recognition
This course is accredited to the Professional Level by the Australian Computer Society (ACS). Visit the website for more information.
(ATMC CRICOS CODE: 03013D)