The information technology sector has contributed significantly to the economy of Prince Edward Island. IT has driven the increase in jobs in recent years.
The contribution of the information technology sector to the GDP on Prince Edward Island from 2009 - 2013 increased over 60% faster than the overall GDP growth. The sector now contributes an estimated $178.6 million worth of direct GDP or about 3.5 percent of total provincial GDP.
Ranked 4th worldwide for Advanced Software Development by KPMG, Prince Edward Island is aggressively pursuing additional Health IT companies to join a world-class cluster in the City of Summerside. It is our belief that companies in this industry thrive when given the opportunity to collaborate with peers, share training costs and work together to influence government policy and incentive programs.
Summerside’s Information Communications Technology (ICT) sector has become a major contributor to the unprecedented economic growth taking place in Summerside.
Summerside’s sound business fundamentals and progressive vision offer companies within the sector well-developed infrastructure, opportunities to access to capital, access to sector specific training institutions, and a quality of place unmatched in other communities.
In recent years, Summerside’s ICT sector has seen an emerging focus on e-Health Software development, Client Servicing and Support.