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Outsourcing is the brightest star in the IT firmament according to the industry analysts. Caroline Chappell reports.
Shining on - Part 1 | Part 2 | Part 3 | Part 4
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Duncan Aitchison: “BPO is a very big beast”
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As the economic downturn continues to bite and companies rush to shed cost, outsourcing remains the star turn in the IT services and solutions sector. And if outsourcing is the fastest growing segment of the UK IT services market, business process outsourcing (BPO) is enjoying remarkable – in the current climate – growth of around 30% year on year, easily outstripping any other outsourcing segment.
Analyst firm Ovum Holway predicts that by 2005, the UK BPO market will be worth £10.9 billion, representing some 24% of the total IT services market compared to 15% in 2002.
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IT Services and Solutions 2003
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