Gordon's Digital Industry Initiative # 9 - Sectors

The down-turn and the future up-turn are expressed in vertical terms – progress seems horizontal in concept. However, the government hoping a digital spectrum of services will help us out of the current slump will come from horizontal fields that relate to technology. They are:
Communications, including fixed and mobile
Telecommunications and broadcast
Industrial electronics, including embedded systems and systems integrators
Enterprise software, systems and services
Consumer electronics, including TVs and games consoles.

The vertical sub-sectors, for which the technology is designed are:
Financial services
Retail and logistics

The collaborative aspect of these areas is not to be underestimated


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I think you may be mistaken regarding the persistence of vertical sectors such as financial services and retail. Already, even before credit-crunch times, the retail sector has taken a pounding in the high street due to the proliferation of web-shopping. Not just for groceries - this will probably remain stable, although with a different model applied; the demise of large corporates with huge stores and the springing-up of more and more farmer's markets, and the like - but for everyday items. How many times is "got it on E-bay" the answer to "where did you get that?"? As for the financial sector, it is on its last legs, surely. Lots of pundits complain that banks are not lending, in spite of having been bailed out to the tune of billions. This may be the case, but it may also be that people are simply not borrowing. Why go cap-in-hand to an organisation that has already demonstrated its unsuitability to manage fiscal policy by the simple expedient of losing most of its reserves, i.e. your and my money, by implementing policies of short-termism, unrealistic growth projections, and downright fraud? The total package amounts to £500,000,000,000. Looks more that way than £5bn, doesn't it? In round numbers, it's enough to give everyone in the UK around £10,000 each. Everyone. Now, call me daft, but that could kick-start any economy in my book without any digital trickery. Gordon's digital initiative is just hot air. Remember the nineties when anyone with any sense was saying "lose the fax machine - it costs a bomb to fax overseas - and use the internet"? And who listened? Precious few. Now that the 'net is beyond hip, and therefore risible in the corporate world, and has moved mainstream, every sad fascist wants a finger in the pie. Rest assured that any government involvement will reflect all other policy implementations - haphazard, inefficient, bureaucracy-bound, and prone to corruption. Vide another vertical sector you mention - Health Care, where the government's wonderful IT/IS intervention has already cost in excess of £3bn and has yet to yield fruit.