Released on: 6, January 2006
, Author: Jim
, Audience: Software related
IT Outsourcing Vendor Will Reap $7 Billion in the Next TwoYears - Research Reports Now AvailableThe US Enterprise IT Outsourcing Market will grew 20%, from $46.3B to $55.5B in thenext two year according to a new research report published by the InterUnity Group.While the Onshore market will grew by 5%, the Off-shore market will grow 11 timesfaster at 55%. A total of $7.8Billion will be shifted Offshore increasing theOffshore total to $21.7B in 2005. Enterprises will shift $930 Million of this growthto wholly owned Off-shore subsidiaries.
Concord, MA December 17 2003-The US Enterprise IT Outsourcing Market will grow 20%,from $46.3B to $55.5B in the next two year according to a new research reportspublished by the InterUnity Group. While the Onshore market will grow by 5%, theOff-shore market will grew 11 times faster at 55% (Figure 2). A total of $7.8B willbe shifted Offshore software development increasing the Offshore total to $21.7B in2005. Enterprises will shift $930 Million of this growth to wholly owned Off-shoresubsidiaries.
Overa ll IT outsourcing growth will slow from 13% in 2004 to 7% in 2005. The slowdownin IT outsourcing growth is due to rapid market penetration and saturation.
Source: Express-Press-Release.com
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