If businesses directed 75 per cent of their ICT spend to Cloud services, it could contribute billions to Australia's GDP after 10 years.

Intel’s Phil Cronin and CSC’s Bob Hayward are two of the industry heads that will form the new NSW Information Communications and Technology Industry Advisory Panel, announced by the Minister for Finance and Services, Greg Pearce.

The Federal Government has signed a Memorandum of Understanding (MoU) with the Australian Information Industry Association (AIIA) to support the Digital Economy Strategy.

Fujitsu is planning to hire about 1000 staff and long-term contractors.

The Federal Government has legislated to reduce the negative impact of products such as televisions and computers.

Industry groups and analysts have seen the finalisation of the $11 billion deal between Telstra and NBN Co as a positive outcome for both companies and the Australian businesses.

Australian Information Industry Association (AIIA) chief executive, Ian Birks, has described the National Digital Economy Strategy (NDES) as “pretty bold and visionary”.

The focus on skills and healthcare in Treasurer Wayne Swan’s 2011 – 2012 Federal Budget will provide opportunities for the ICT industry.