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Piracy cripples software profits.(news)
The value of the UK software sector would grow by billions of pounds in the next three years if piracy was reduced by 10 per cent, according to a Business Software Alliance-sponsored IDC study.
The UK software industry is currently valued at almost 40bn [pounds sterling], with 27 per cent of sales counterfeit. As well as an additional 11 bn [pounds sterling] in value, a drop in the piracy rate to 17 per cent would generate 34,000 jobs and 2.8bn [pounds sterling] in tax revenues between 2006 and 2009.
IDC said the UK software sector includes more than 65,000 businesses, employed more than half a million people and contributed 25.9bn [pounds sterling] in tax revenues.
The report findings are clear evidence that the channel, IT industry at large, as well as the Government would benefit from a reduction in software piracy.
Mike Newton, spokesman for the BSA, said: "Tony Blair has received a lot of flak for giving up money to the EU, but we are giving up 2.8bn [pounds sterling] to the pirates every year."
He claimed a combination of the Government and the ...
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