Press Release Summary = IT Outsourcing Vendor Will Reap $7 Billion in the Next Two
Years - Research Reports Now Available. The US Enterprise IT Outsourcing Market will
grew 20%, from $46.3B to $55.5B in the next two year......
Press Release Body = IT Outsourcing Vendor Will Reap $7 Billion in the Next Two
Years - Research Reports Now Available
The US Enterprise IT Outsourcing Market will grew 20%, from $46.3B to $55.5B in the
next 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 times
faster at 55%. A total of $7.8Billion will be shifted Offshore increasing the
Offshore total to $21.7B in 2005. Enterprises will shift $930 Million of this growth
to 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 reports
published by the InterUnity Group. While the Onshore market will grow by 5%, the
Off-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 in
2005. Enterprises will shift $930 Million of this growth to wholly owned Off-shore
subsidiaries.
Overall IT outsourcing growth will slow from 13% in 2004 to 7% in 2005. The slowdown
in IT outsourcing growth is due to rapid market penetration and saturation.
Web Site =
http://www.tatvasoft.com/outsourcing%5C2005%5C05%5Cit-outsourcing-market.html
Contact Details = TatvaSoft - Software Development India
303, Naindhara,
Next to Mitsubishi Showroom,
Near Hotel Grand Bhagwati,
S. G. Road, Nr. Bodakdev
Ahmedabad - 380 052
Gujarat, India
2010
