Just the Facts: The Benefits of Information and Communications Technology

A prominent economist once stated, "computer chips, potato chips, what's the difference." The short answer is "a lot." Fifty-five years after the invention of the integrated circuit and 28 years after the first dot-com website was registered, information and communications technology (IT) remains a central driver of innovation and prosperity.

This fact sheet lists 53 documented economic benefits of IT, from jobs and output to competitiveness and innovation.