The Isle of Man has a thriving Digital Economy which accounts for around 30% of the Island's economy. The foundations for this success have been the Island’s world-class and highly resilient telecoms and electricity infrastructure and its network of new data hosting centres which incorporate disaster recovery facilities.
The Digital Economy is made up of:
Why choose the Isle of Man?
The resilient nature of the Isle of Man’s infrastructure is epitomised by the fact that there is no single point of failure. If a fault occurs then the Island’s ‘self-healing ring technology’ kicks in to enable seamless transition to switch to alternative power or data routing.
The Digital Economy has also benefitted from other features of the Island’s business environment which enables businesses across a wide range of other sectors to be successful. This includes supportive legislation, simple taxation and a nation committed to maintaining the highest standards of international compliance.
All these factors have enabled the Isle of Man to become a significant player within the Digital Economy and a significant cluster of firms to be established in the Island.