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Slovak IT Sector 34th Most Competitive in World

Bratislava, February 11 (TASR) - Slovakia has been ranked in 34th place on the 2009 chart in a study of IT sector competitiveness drawn up by Economist Intelligence Unit analysts, TASR learned from Slavka Sikurova of Business Software Alliance on Thursday.

In comparison with central and eastern European countries, competitiveness of Slovak IT market is average.

Slovakia has dropped two places on the chart year-on-year, outplaced by Latvia and Lithuania. Despite a positive development in Slovakia's business and legal environment, there's still a much room for improvement in science, research and IT infrastructure development, especially as these aspects prove to be the driving force behind prosperity and competitiveness, says the study.

U.S. IT sector enjoys the greatest level of competitiveness, followed in descending order by Finland, Sweden and Canada. The Czech Republic ranks best among IT sectors in the region.

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