Research by market analyst Datamonitor and outsourcing advisory firm Everest Group reveals the global outsourcing sector is increasingly being driven by mid-size contracts – particularly in the fast-growing business process outsourcing space.
Datamonitor’s “IT Services Contract Tracker,” tracked 1,814 outsourcing deals in 2004, a 4.4% increase over the 1,738 logged in 2003. The combined value of the 2004 deals rose more sharply by 37% to $163 billion compared to $118.9 billion the previous year.
Datamonitor’s “IT Services Contract Tracker,” is an up-to-date guide for contracts within the $600bn global IT services market.
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