CeBIT 2008: German ICT Industry Showing Growth Potential

Hannover, February 2008 (ots) - Germany's ICT market is strong for
all industry sectors. It offers investors possibilities in hardware,
software, and services as well as access to one of the world's
leading R&D locations. ICT in Germany will be a major focus of the
CeBIT 2008, the world's largest trade fair in the IT and
telecommunications industry. The trade show runs from March 4-9 at
the Hannover Convention Center in Hannover, Germany.

The country's ICT sector is responsible for 25% of all global R&D
spending in ICT and it registered 5,600 patents in 2006. The
country's scientists register more patents at the European Patent
Office annually than those from any other country. The industry's
backbone is services, taking a 72% market share in the German ICT
industry. This success largely consists of IT services and carrier
services.

The German government's ICT policies will be presented by German
Federal Minister for Economics and Technology, Michael Glos, as part
of the French-German ICT summit on March 4th. Following his speech,
Michael Pfeiffer, Managing Director of Invest in Germany, will
present Germany's advantages as an investment location for ICT
investors.

Exports also play an important role in the success of the German
ICT industry. ICT services have an export volume of nearly EUR 8
billion. ICT hardware is also strong in this area carrying an export
volume of nearly EUR 33 billion. In total, the German ICT industry
had EUR 150 billion in sales in 2007. Strengths in the export market,
R&D, over 800,000 qualified employees, and the availability of
government incentives are attracting leading ICT players such as
Alcatel-Lucent, Dell, and Oracle to Germany. These investors, and
many others, are helping to ensure that Germany's ICT market
continues to grow and that the market remains one of the world's
leading locations for ICT investments.

Invest in Germany is the inward investment promotion agency of the
Federal Republic of Germany. It provides investors with comprehensive
support from site selection to the implementation of investment
decisions.

Originaltext: Invest in Germany
digital press kits: http://www.presseportal.de/pm/55240
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Media Contact:
Eva Henkel
Invest in Germany
Phone: +49-30-200099-173
Fax: +49-30-200099-111
Email: henkel@invest-in-germany.com
www.invest-in-germany.com


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