IBM, Everledger and the market disruption of Blockchain

Exchanging assets for money can be a complicated – and sometimes expensive – process: for instance trading stock can happen in a millisecond, but settlement can take days to complete. Imagine a world in which such transactions can be handled in the digital realm in a system which creates an […] Read more »

Brexit – selling UK IT assets by the pound

Source: ITCandor from OANDA historical data Part of my methodology each quarter is to look at currency movements of international currency against the $US. My Figure shows the movement of the average value of each local currency in Q2 2016 compared with their rates in Q2 2015. Those on the […] Read more »

Could Brexit increase the taxation of the ITC industry’s £35b profits?

The IT and Communications industry is highly profitable for successful companies, with the smallest and largest enjoying the greatest profitability. In the UK we spent £146B on its products which created profits before tax of around £35B in 2015: an extra 10% of that collected by UK government could help out the […] Read more »

2016 predictions 1 – The world ITC market declines by 1.2% to $5.8 trillion

In 2015 the market declined by 5.1%, so its unlikely to see a recovery in the year. My forecast is for a 1.2% decline, with the market reaching $5.8T. Performance by category will vary. In particular: Software will grow 4.2% to $916B: although it lags in revenues, it will continue […] Read more »