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Information Regarding It Outsourcing In Application Development Tools on Software Development Register |
| A New Technology's Successful Adoption Often Depends On Its Development Tools. The Competitive Pressures On Firms To Bring Out New Products At An Ever Rapid Pace To Meet Market Needs Are Increasing. As Such, The Pressures On The R&D Department Are Increasing. In Order To Alleviate The Pressure, Firms Have To Either Increase R&D Budg |
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| | 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
38% of multinational companies plan to change the distribution of their research and development centers within the next 3 years
Desktop management outsourcing reached $28 bln in 2005
IT Facts » Outsourcing spending by Asia-Pacific companies to reach $16 bln in 2010
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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
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