TITLE

Industry declines but some buck the trend

AUTHOR(S)
Charles, Barrie
PUB. DATE
July 2004
SOURCE
IT Training;Jul/Aug2004, p5
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
During 2003, Great Britain IT training market continued to deteriorate, thanks to the persistent squeeze on IT expenditure. However, within this overall picture of decline, our Top 50 supplier table reveals that many companies are prospering. There have been plenty of changes since last year's league tables. According to IT Skills Research, the market declined by ten per cent, leading to difficult trading conditions for a number of companies. A few years ago, training businesses were snapped up as systems companies moved into services. However, in 2003 at least one chose to reverse that trend, namely Spring Group, which sold its IT training arm to e-learning and training provider Vidyah in November 2003. Despite the difficult market conditions, some training providers are doing extraordinarily well. Two suppliers — Steria Training Services and Premier IT — experienced growth that topped 100 per cent in 2003, while more than half of the Top 50 companies managed to beat the market. INSET: How the Top 50 was compiled.
ACCESSION #
13820469

 

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