

Investing in IT delivers greater productivity gains than any other type of capital investment, a study has found.
The study was conducted by Oxford Economics on behalf of AT&T. Oxford Economics found that IT’s ability to spur innovation and change business processes sets it apart from other types of capital investment and produces the highest productivity gains.
The study also suggests that if European companies spent as much on IT as companies in the United States, European economies could achieve productivity gains worth £663 billion by 2020.
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