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October 18th, 2008

Western European IT services market will grow 4.8% in 2008-2012

Posted by NB @ 6:24 am

Categories: Spending

Tags: Custom Application Development, Outsourcing, It Services, It Operations, Business Operations, Outsourcing & Subcontracting, NB

According to a recent study published by IDC, the Western European IT services market will grow 4.8% in 2008-2012, to reach $249 billion by 2012. Despite the economic downturn, higher demand for outsourcing combined with the increasing externalization of custom application developments will drive IT services spending upwards by 5% in 2008.

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