Denis Barker from Sourcing Line found that the IT Outsourcing Services Sector declined at a rapid rate last quarter, according to Ovum's IT Services Contract Quarterly Analysis. The number of deals worldwide fell to 384, and total contract values dropped 40% compared with the second quarter of last year. The Q2 numbers haven't been this low since 2003. There is, however, a bright side: alternatives to India, primarily destinations in the Asia-Pacific region, haven't been hit as hard by this trend and dropped a mere 4% last quarter. Who's to blame? The "lousy US economy" makes the list, as does IT buyers' demand for "hard benefits". Buyers need to know that in addition to cost savings, outsourcing spending is bringing innovative approaches to the transformation process. Nimble providers with the ability to present buyers with a unique value proposition that could not be achieved in-house.
Read it here from Softtek Blogs.
No comments:
Post a Comment