The IT services sub-sector – comprising of IT consultancy, software development and IT service providers (e.g. web hosting companies and software development businesses) – has the most number of establishments and hires the most number of workers.

Types Of Businesses
Sub-Sector Highlights
Sub-Sector Snapshot (2005)
Business Costs
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• All businesses that deal in IT services fall into this sub-sector. They include:
  
  
  • hardware consultancy (including systems consultancy) firms
  • software consultancy firms
  • e-commerce applications developers
  • computer games developers
  • other software developers (including software maintenance)
  • web hosting services
  • computer time-sharing services
  • data entry services
  • data processing, hosting and related businesses (tabulation services, application service providers, data storage, data hosting)
  • firms engaged in computer facilities management services
  • firms engaged in computer systems integration services

Sub-Sector Highlights

• Compared to other sub-sectors, the IT services sub-sector has the:
  
  
  • most number of establishments
  • most number of workers
  • lowest earnings-expenditure ratio
  • lowest profitability ratio
  • second highest value added
  • second lowest value added per worker

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Sub-Sector Snapshot (2005)

Number of Establishments	3,932
Number of Workers	27,448
Operating Receipts	S$6.2 billion
Operating Expenditure	S$5.9 billion
Operating Surplus	S$404 million
Value Added	S$2.2 billion
Profitability Ratio* (%)	6.5
Average Annual Remuneration per Employee	S$67,900

For More Information

Economic Surveys Series 2005: Information and Communications Services
Department of Statistics (DOS)
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