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Today the major economies of the world are heavily dependent upon the success of their IT industries. Some nations are pouring huge resources into further research and development, and into collaborative projects on a transnational basis. Meanwhile, multi-nationals like IBM have developed into substantial economic forces in their own right. IBM, for example, has a turnover in excess of the national incomes of many countries, and profits, running until recently at the rate of £100 million per week worldwide. This chapter asks how the IT industry is defined and organised today and what are the influences that have shaped its structure. Where is research and development heading and what movements are there towards convergence and standardisation of industries, products and protocols? How is all this translated into the tangible products and services that, together, have generated the ‘Information Society’? And finally, what does the future hold? These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.
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