Friday, May 14, 2010

European IT Services Market Growth

According to a recent report provided by the International Data Corporation (IDC), the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets, demand for IT services is anticipated to grow by 2.2 per cent for the year 2011, with IT outsourcing being the main driver behind this.

The study shows that IT budgets have stabilized along with the easing of economic conditions, resulting in some companies to slowly start increasing spend again. Laura Converso, research manager, IDC European Software and Services, said: "Demand for outsourcing will pick up towards the second half of 2010."

She also added that the need for IT services will be most prominent this year in the UK, Germany and the Nordics.


Source: ihotdesk

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