IT / Internet
Information technology has played an integral role in the exceptional growth of the Guernsey economy over the last three decades.
There are a number of drivers contributing to sustainable demand within the IT sector. For example, exponential growth in the volume of data that needs to be processed and stored is an ongoing challenge, particularly in light of regulation, risk and compliance obligations that face financial services companies.
In addition to the considerable processing power required by e-businesses to maintain service levels, there is also an ever increasing need for telecommunications capacity, frequently referred to as bandwidth. This is particularly the case for e-Gaming businesses that require data centre capacity directly connected to the Internet.
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