The UK was placed fifth by the Business Software Alliance in its Global IT Industry Competitiveness Index 2011

First published in 2007, the IT Industry Competitiveness Index consists of 26 indicators grouped into six categories.

The report states that Europe still looks attractive in terms of IT infrastructure and the legal environment, among other factors. But the continent is arguably failing to keep pace with other regions when it comes to human capital, while rigid labor-market regulations and a poor climate for investment in next-generation broadband networks could stymie the development of the IT sector in the future.