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Home International Customs

Turkey’s software exports on rise, ICT industry grows 18%

byCT Report
04/06/2016
in International Customs
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ANKARA: Information economy challenges companies that are more than 100 years old by putting customers at the center of business systems. The digital transformation has become one of the most fashionable concepts both in Turkey and around the world. Leaving unworthy agricultural products to rot was an ordinary practice in Turkey only 17 years ago.

The most important reason why tomatoes do not fill the shopping baskets in Istanbul while they flow into the sea in Antalya is the incapability of software programs. To make it more explicit, it will be possible to prevent agricultural product loss through better planning in terms of logistics, agricultural practices, smart storing, distributing and marketing operations. A recent study revealed the latest numbers and current situation of the information industry in Turkey.

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The software sector, which will prepare for a digital transformation for all sectors in Turkey, has made a move. While the growth in software and service sectors draws attention, information technology exports have reached TL 2.2 billion ($745.5 million), TL 1.36 billion of which comes from the software sector. According to the Informatics Industry Association’s (TÜBİSAD) information and communication sector market data from 2015, the sector realized TL 83.1 billion in revenues and grew by 18 percent. Employing 113,000 people in total, the sector’s exports reached TL 2.2 billion as well.

The number of entrepreneurs needs to increase, however, rather than the number of employees. Turkey only has three companies whose total value has reached TL 1 billion over the past 15 years. Apart from the companies including Yemeksepeti, Gittigidiyor and Pozitron, Turkey has not yet undersigned an important enterprise. Additionally, these companies were only acquired by international corporations.

There is an urgent need for information enterprise capital in Turkey. In 2015, the sector’s total exports amounted to TL 2.2 billion, doubling the previous year’s export. More than 60 percent of the total export came from the software industry with TL 1.360 billion. Software exports have grown 49 percent compared to previous year, and 14 percent of the turnover obtained from software industry comes from export while 30 percent of total exports come from techno cities.

According to the report, the countries with the largest export volume are Azerbaijan, the United States, Cyprus, the United Kingdom and the United Arab Emirates. Evaluating the situation in dollars, the total amount of exports in 2015 reached $788 million. The hardware and software industries accounted for the largest amount of growth in terms of dollar-denominated values, with 29 percent and 20 percent, respectively.

Tags: ICT industry grows 18%Turkey's software exports on rise

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