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Website about It Outsourcing - online portal of Internet Technology Architecture and Development. Other useful information: IDC predicts that the amount spent on outsourcing by companies in Asia-Pacific (excluding Japan) will exceed $10 bln in 2006. India and the PRC will continue to be the high-growth markets in the next five years. With CAGR of 19% and 31% respectively over 2005-2010, these markets are not expected to have fully matured by 2010. This strong buildup is primarily driven by the large infrastructure growth over the past several years. The management of this infrastructure is now evolving to become a natural add-on, especially in the PRC where users have historically been lagging in outsourcing. IDC forecast that the market will grow from $9.58 bln in 2005, to $16.06 bln in 2010. This represents a compound annual growth rate (CAGR) of 10.9% over the forecast period. European outsourcing worth $40.9 bln in 2007 Indian outsourcing companies to earn $10.73 bln by 2011 New Asia-Pacific outsourcing contracts command $25 mln 87% of outsourcing buyers to continue outsourcing HR outsourcing to grow to $18.9 bln by 2010 Brazilian printing outsourcing up 42.5% in 2005 Top 100 Western European outsourcing deals generated $40.5 bln in 2005 Mobile network outsourcing to grow to $55.3 bln by 2010 16 outsourcing megadeals awarded in 2003, 12 in 2004, 11 in 2005 Payments outsourcing generated $3.3 bln by 2005 Asian business process outsourcing market reached $6 bln in 2005 Business outsourcing market up 33% in 2005 India’s outsourcing industry employs 1.2 mln people, contributes $23.4 bln to GDP Desktop management outsourcing reached $28 bln in 2005 US outsourcing market to grow 4.2% in 2005 Value of top 100 outsourcing deals down 1.2% in 2004 $50 bln will be spent on offshore outsourcing by 2007 Global outsourcing to create 337,625 US jobs by 2010 Packaging and test outsourcing to reach $15.5 bln in 2005 Value of outsourcing contracts down 10-15% in 2005 19% of US businesses have some offshore outsourcing strategy Indian outsourcing brought in $12 bln in 2004 UK and Germany got most of the European outsourcing contracts in Q2 2005 Asia-Pacific IT outsourcing to grow at 10.1% a year IT outsourcing in EMEA to reach $90.9 bln by 2009 J2EE: EJB, JSP, Servlets, JSF, JSTL, JCA, JMS, JTA, JNDI, JDBC, JMX, RMI, etc. Frameworks: Struts, Hibernate, JPA, iBATIS, JBoss AOP, Spring, JSF, AJAX, GWT, YUI, Flex/Flash, JUnit, and Jakarta common libraries. Integration: Web Services on Axis and WebMethods; as well as the Web Service Standards such as SOAP, WSDL and UDDI.

IT Facts » Outsourcing Spending By Asia-Pacific Companies To Reach $16 Bln In 2010 - IDC predicts that the amount spent on outsourcing by companies in Asia-Pacific (excluding Japan) will exceed $10 bln in 2006. India and the PRC will continue to be the high-growth markets in the next five years. With CAGR of 19% and 31% respectively over 2005-2010, these markets are not expected to have fully matured by 2010. This strong buildup is primarily driven by the large infrastructure growth over the past several years. The management of this infrastructure is now evolving to become a natural add-on, especially in the PRC where users have historically been lagging in outsourcing. IDC forecast that the market will grow from $9.58 bln in 2005, to $16.06 bln in 2010. This represents a compound annual growth rate (CAGR) of 10.9% over the forecast period. European outsourcing worth $40.9 bln in 2007 Indian outsourcing companies to earn $10.73 bln by 2011 New Asia-Pacific outsourcing contracts command $25 mln 87% of outsourcing buyers to continue outsourcing HR outsourcing to grow to $18.9 bln by 2010 Brazilian printing outsourcing up 42.5% in 2005 Top 100 Western European outsourcing deals generated $40.5 bln in 2005 Mobile network outsourcing to grow to $55.3 bln by 2010 16 outsourcing megadeals awarded in 2003, 12 in 2004, 11 in 2005 Payments outsourcing generated $3.3 bln by 2005 Asian business process outsourcing market reached $6 bln in 2005 Business outsourcing market up 33% in 2005 India’s outsourcing industry employs 1.2 mln people, contributes $23.4 bln to GDP Desktop management outsourcing reached $28 bln in 2005 IT Facts » Outsourcing spending by Asia-Pacific companies to reach $16 bln in 2010 IT Facts Monday, May 11 2009 RSS Posts RSS Comments Home Outsourcing spending by Asia-Pacific companies to reach $16 bln in 2010 Fact recorded on: June 27, 2006. Categories: Outsourcing . Latest Outsourcing facts Outsourcing is 7% of India’s GDP Indian outsourcers to earn $220-280 bln by 2012 Outsourcing to grow 8.1% in 2008 Indian software salaries up 18.7% in 2006 HR services up 8% in 2006 Small business who outsource IT end up spending less than 5% on maintenance and upgrades Asia-Pacific IT outsouring market reached $10.9 bln in the first half of 2006 What law companies outsource IT offshore spending to reach $29.4 bln by 2010 Outsourcing spending by Asia-Pacific companies to reach $16 bln in 2010 Global procurement BPO market generated $627 mln in 2005 Indian software and backoffice industry generated $23.6 bln in fiscal 2005-2006 1 mln US jobs to be outsourced by year-end 2006 European service providers plan to increase offshore assets by 65% 130K US jobs offshored so far in 2006 Gartner predicted 85% of US companies would outsource at least 1 HR function by 2006 Outsourcing saves 15% on average Outsourcing industry generated $23.4 bln for India 29K legal jobs to migrate to India by 2008 38% of multinational companies plan to change the distribution of their research and development centers within the next 3 years