Codestone

Category: Support & Managed Services

The improving global economy is leading a growing number of companies to invest in outsourced IT services, according to new research.

Everest Group has published analysis of the global outsourcing and offshoring market for the fourth quarter of 2010, noting that transactions in the sector reached a 36-month high during the period.

Compared to the preceding quarter, the outsourced IT market increased in value by 16 per cent, while considerable growth was also noted in infrastructure outsourcing.

It was noted that the US and UK continue to "dominate" demand for managed services of this kind, with the finance, healthcare and manufacturing and retail sectors all investing heavily.

Eric Simonson, managing partner of research at Everest, said: "This trend is reflective of a steady rebounding of the recessionary economy as companies refocused on their sourcing strategies and consider ways to optimise their existing sourcing portfolios."

This research supports the conclusions of a separate report by Ovum this month showing a spike in demand for managed services during Q4 2010.

Posted by Jamie Rees