European Growth in IT Outsourcing
New research suggests that the European IT outsourcing market is set to post impressive growth over the coming years.
Nov 22, 2006
A Frost & Sullivan report supports claims that revenues from the EMEA outsourcing market will reach $16 billion (£8.4 billion) in 2012, up from the 2006 figure of $11.20 billion (£5.8 billion).
The figures back up anecdotal evidence which suggests that increasing numbers of businesses of all sizes are turning to the benefits of IT outsourcing to cut costs and improve efficiency.
"While the UK outsourcing market is very mature and has almost reached saturation, there are significant opportunities in other European nations," remarked Frost & Sullivan's research analyst, Michael DeSalles.
He added that the Netherlands along with central and eastern European countries look especially promising for new outsourcing contracts, with the information technology sector particularly strong.
The report claims that South Africa is also proving itself a popular location for outsourcing with UK IT firms.
The figures back up anecdotal evidence which suggests that increasing numbers of businesses of all sizes are turning to the benefits of IT outsourcing to cut costs and improve efficiency.
"While the UK outsourcing market is very mature and has almost reached saturation, there are significant opportunities in other European nations," remarked Frost & Sullivan's research analyst, Michael DeSalles.
He added that the Netherlands along with central and eastern European countries look especially promising for new outsourcing contracts, with the information technology sector particularly strong.
The report claims that South Africa is also proving itself a popular location for outsourcing with UK IT firms.