As a major market, Italy has already attracted the presence of all the top ICT multinational companies, both to serve the rich local market and develop research, products and strategic activities for the international market. Over 500 foreign ICT companies have already invested in Italy employing about 160,000 workers . The ICT sector accounts for many of the Country’s most significant foreign investments, including three of Italy’s largest foreign multinational companies – Microsoft, IBM and Vodafone, each employing thousands of people.
Particularly relevant in the IT Software and Services sector are giants such as Microsoft, IBM, Oracle, Hewlett Packard, Accenture and Cisco Systems. Top players such as Thales SA, Vodafone, and STMicroelectronics and Micron Technology INC feature in TLC Services and Microelectronics, respectively; while Alcatel-Lucent, Ericsson, and Nokia Siemens Networks in TLC Equipment have made Italy one of their core global markets.
Foreign ICT investors in Italy per segment
| Companies | Employees | Tournover (mld euro) | |
| IT Software and Services |
373 | 51.041 | 10.952 |
| TLC services | 64 | 78.859 | 41.539 |
| Electronics and TLC equipments |
55 | 30.188 | 6.207 |
| IT Hardware equipments |
13 | 439 | 164 |
| TOTAL | 505 | 160.527 | 58.862 |
Foreign ICT investors in Italy per segment