UKplc bought more software than hardware for the sixth quarter in a row, according to the Office for National Statistics (ONS) third quarter bulletin on business investment.
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The provisional estimate of the total computer software investment by the private sector, at current prices not seasonally adjusted (CPNSA), for the third quarter of 2010 is £1.6bn, and £1.4bn for hardware, the ONS said.
For the third quarter of 2010, 10.0% of private sector business investment was on computer software and hardware, it said. Of this, 5.3% went on software and 4.7% on hardware.
Software and hardware purchases were 10% of total investment by the private manufacturing sector, and 11.3% of total investment by the service sector, the ONS said.