Information Technology has been one of the fastest growing sector of the Icelandic economy.
IT exports from Iceland have grown over 60-fold since early nineties. This phenomenal growth is primarily due to the high standard of education, increasing access to capital markets, the country's international outlook as well as a proven talent for innovation. Iceland's IT sector spans all areas of the digital economy. In the last decade it has spawned an impressive array of export-driven IT companies. Data management systems, workflow systems, communications solutions, wireless data systems, palmtop systems, Internet solutions, e-commerce content and solutions, gaming, healthcare solutions and of course fisheries technology systems are all exported to overseas markets.