Menu
Technology has boosted office productivity fivefold since 1970s

Technology has boosted office productivity fivefold since 1970s

Centre for Economic and Business Research puts a figure on productivity gains since mainframe era

Rapid adoption of technology in the workplace has transformed the way people work and led to significant gains in productivity, according to a Centre for Economic and Business Research (Cebr) report.

From 1970s mainframes through to personal computers and email in the 1990s and the more recent advent of mobile and cloud computing, information communication technology has changed dramatically in the past four decades.

Using data from the Office of National Statistics and EU KLEMS, the Cebr report, commissioned by o2 Business, showed that the labour productivity of workers has grown by 84 per cent overall since the 1970s, while productivity directly related to ICT have grown by 480 per cent.

Part of the reason for the increase in the impact of technology has been the cost, and therefore availability, of computing and communications devices. In 1980 a gigabyte of hard disk space would have cost £120,000 in today's money, while the capacity can now be bought for just 5p.

Cebr believes that continued advances in technology on offices will also result in further growth of 22 per cent up to 2020. The research organisation devised an Individual Productivity Index that linked workforce productivity per hour with IT investment. Using the Index, the Cebr report predicts that ICT-related productivity will equal to £3.87 for every hour worked in 2020, or 12.4 per cent of total productivity per hour.

"Productivity in the office has increased dramatically and a big contributor to that has been technology," said senior economist at Cebr, Colm Sheehy at the o2 Business Show Live event in London. "We see a huge trend in the growth in the contribution of ICT capital to the productivity of office workers, especially since the 1990s."

He said that the advent of faster broadband and mobile connectivity, along with the boom in tablet and smartphone devices will drive further improvements in productivity by enabling mobile and remote working.

"Tablet computers are the next step in this evolution. This means going mobile and being able to take your office mobile, and be as productive on the go as are you are in the office. By investing in these technologies in the future we can continue to advance productivity, which means businesses can increase revenues and grow."


Follow Us

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business issuesIT BusinessCentre for Economic and Business Research

Featured

Slideshows

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

EDGE 2018: Kiwis kick back with Super Rugby before NZ session

New Zealanders kick-started EDGE 2018 with a bout of Super Rugby before a dedicated New Zealand session, in front of more than 50 partners, vendors and distributors on Hamilton Island.​

EDGE 2018: Kiwis kick back with Super Rugby before NZ session
EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018: Kiwis assess key customer priorities through NZ research

EDGE 2018 kicked off with a dedicated New Zealand track, highlighting the key customer priorities across the local market, in association with Dell EMC. Delivered through EDGE Research - leveraging Kiwi data through Tech Research Asia - more than 50 partners, vendors and distributors combined during an interactive session to assess the changing spending patterns of the end-user and the subsequent impact to the channel.

EDGE 2018: Kiwis assess key customer priorities through NZ research
Show Comments