IT outsourcing is the process of subcontracting the IT functions of an organization to a third-party vendor that has expertise in the required domains. IT outsourcing can be used as an effective strategy to build a high-performance IT organization. It helps client firms to increase their operational efficiency, concentrate on their core competencies, reduce time-to-market, obtain access to fresh talent and experience along with the latest technologies, and build an economical cost structure in the long run.
The analysts forecast the Global IT Outsourcing market to grow at a CAGR of 5.71 percent over the period 2013-2018.
This report covers the present scenario and the growth prospects of the Global IT Outsourcing market for the period 2014-2018. The Global IT Outsourcing market can be segmented into two: Application Outsourcing and Infrastructure Outsourcing.
The report, the Global IT Outsourcing Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the Global IT Outsourcing market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
The emergence of cloud-based outsourcing is a rising trend in the market. Several clients adopt this technology to get instant access to applications they need without having to wait for installation. Some of the advantages offered by cloud-based outsourcing are cost reduction, reliability, scalability, and agility.
According to the report, a considerable reduction in operational costs and time is one of the main drivers in the market as clients do not need to invest in the acquisition of resources or worry about handling limited available resources.
Further, the report states that the future of the Global IT Outsourcing market is predominantly curtailed by the rising attrition rates. Outsourcing jobs are taken up on a temporary, or part-time basis, and turnover rates are very high.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by Service-type
08. Market Segmentation by End-users
09. Geographical Segmentation
10. Buying Criteria
11. Market Growth Drivers
12. Drivers and their Impact
13. Market Challenges
14. Impact of Drivers and Challenges
15. Market Trends
16. Trends and their Impact
17. Vendor Landscape
18. Key Vendor Analysis
19. Other Reports in this Series
- ITC Infotech
- Pitney Bowes
For more information visit http://www.researchandmarkets.com/research/h9tjcf/global_it
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SOURCE Research and Markets