IT Outsourcing


IT Outsourcing Market Research Reports Analysis and Trends

IT Outsourcing is a practice of seeking resources or subcontracting outside of an organizational structure for all or part of Information Technology function. IT Outsourcing is used by an organization for various functions such as infrastructure, software development, maintenance and support.

Outsourcing is nothing but contracting out a business process, for instance, a company may outsource its IT management because it is cheaper to contract a third party rather than building its own in-house IT management team. Or else a company may outsource all of its data storage needs because it does not want to buy and maintain its own data storage devices.

Jobs functions such as telemarketing i.e. call centres, payroll and data entry as some of the outsourcing categories. The companies performing these job functions are well focused and the processes involved in this work are quite streamlined so there is little management needed due to quality control procedures in place.

Need for IT Outsourcing

Due to the economic downturn, companies are looking for ways to save money and increase their profits. Many large companies will mostly outsource certain jobs to companies who specialize in this service. It also reduces the need to hire and train specialized staff, brings in fresh engineering expertise, and reduces capital and operating expenses. For example, two organizations may enter into a contractual agreement involving an exchange of services and payments.

Industry Overview

  • As per the reports, the global software industry is becoming more competitive. A move within US companies to cut overhead costs is also driving growth in the IT outsourcing sector.
  • Due to cloud computing innovation in the global IT outsourcing industry, it continues to grow, which makes the market more accessible for smaller sized outsourcing outfits.
  • US and EU companies outsourcing to the Philippines, and India and Japanese companies are the major business in the global IT outsourcing market.  

IT Outsourcing Industry Current Trends

As per the reports given by SBWire, forecast has been made that the Global Desktop Outsourcing market will grow at a CAGR of 4.66 percent over the period 2011-2015. The need to achieve a reduction in operational time and cost is one of the key factors contributing to this market growth. The Global Desktop Outsourcing market is also witnessing increased impact of desktop virtualization.

Major IT Outsourcing Industry Players

Some of the major IT outsourcing industry players are IBM Global Services, EDS, Computer Science Corp i.e. CSC, Hewlett Packard i.e. HP, Infosys, Wipro, and Tata Consultancy Services i.e. TCS.

Title Published Pages Price Buy This Publication Now
Global Back Office Outsourcing Market in the Financial Services Sector 2016-2020 Global Back Office Outsourcing Market in the Financial Services Sector 2016-2020 May 18 2016 65 $2,500.00
Global Anything-as-a-Service Market 2016-2020 Global Anything-as-a-Service Market 2016-2020 May 17 2016 85 $2,500.00
Global Payment Gateways Market 2016-2020 Global Payment Gateways Market 2016-2020 May 3 2016 53 $2,500.00
Global Flip Classroom Market 2016-2020 Global Flip Classroom Market 2016-2020 May 3 2016 68 $2,500.00
M-education Market in the US 2016-2020 M-education Market in the US 2016-2020 May 3 2016 71 $2,500.00
2015 TEEMA Report: Overall Competitiveness of Chinese Cities 2015 TEEMA Report: Overall Competitiveness of Chinese Cities Apr 27 2016 80 $1,200.00
2015 TEEMA Report: Degree of Recommendation for Chinese Cities by Taiwanese Vendors 2015 TEEMA Report: Degree of Recommendation for Chinese Cities by Taiwanese Vendors Apr 26 2016 46 $1,200.00
2015 TEEMA Report: Evaluation of the Investment Risks in China 2015 TEEMA Report: Evaluation of the Investment Risks in China Apr 25 2016 62 $1,200.00
2015 TEEMA Report: Evaluation of Chinese City Competitiveness 2015 TEEMA Report: Evaluation of Chinese City Competitiveness Apr 21 2016 24 $1,200.00
Strategic Assessment of Worldwide eSports Market – Forecast Till 2021 Strategic Assessment of Worldwide eSports Market – Forecast Till 2021 Apr 12 2016 129 $2,995.00
Uncovering the Potential of Information Service Market and Industry: Key Trends and Major Players Uncovering the Potential of Information Service Market and Industry: Key Trends and Major Players Apr 8 2016 43 $3,000.00
The Evolution of Home Energy Management The Evolution of Home Energy Management Apr 7 2016 73 $3,200.00
Worldwide IT Systems Market and Industry Development Worldwide IT Systems Market and Industry Development Mar 31 2016 28 $800.00
Global Digital Holography Market 2016-2020 Global Digital Holography Market 2016-2020 Mar 28 2016 53 $2,500.00
IT Strategy in the Application Economy: DevOps, Data Management, and APIs IT Strategy in the Application Economy: DevOps, Data Management, and APIs Feb 19 2016 432 $2,995.00
Global Smart Cities Market Analysis and Asia Outlook 2016 - 2020 Global Smart Cities Market Analysis and Asia Outlook 2016 - 2020 Feb 17 2016 72 $995.00
Global Smart Cities Market Analysis and Europe Outlook 2016 - 2020 Global Smart Cities Market Analysis and Europe Outlook 2016 - 2020 Feb 17 2016 75 $995.00
M-Commerce - Global Market Outlook (2015-2022) M-Commerce - Global Market Outlook (2015-2022) Feb 16 2016 149 $4,150.00
Storage Area Network - Global Market Outlook (2015-2022) Storage Area Network - Global Market Outlook (2015-2022) Feb 16 2016 144 $4,150.00
IT Outsourcing - Global Market Outlook (2015-2022) IT Outsourcing - Global Market Outlook (2015-2022) Feb 16 2016 121 $4,150.00
The Evolution of Tech Support: Global Trends and Outlook The Evolution of Tech Support: Global Trends and Outlook Feb 12 2016 64 $3,200.00
The Taiwanese Small Cell Industry, 4Q 2015 The Taiwanese Small Cell Industry, 4Q 2015 Feb 2 2016 21 $1,200.00
Strategic Assessment of Worldwide Coding and Marking Market – Forecast Till 2021 Strategic Assessment of Worldwide Coding and Marking Market – Forecast Till 2021 Jan 29 2016 110 $2,500.00
Global Iris Recognition Market 2016-2020 Global Iris Recognition Market 2016-2020 Jan 27 2016 47 $2,000.00
Innovation in Smart Home Products Innovation in Smart Home Products Jan 27 2016 77 $3,200.00
Consumer Engagement with Support Services Consumer Engagement with Support Services Jan 27 2016 68 $5,000.00
Consumer Segmentation: Multiscreen Use and Service Bundles Consumer Segmentation: Multiscreen Use and Service Bundles Jan 27 2016 62 $5,000.00
Development of LG's Flexible AMOLED Technology from its Patent Portfolios Development of LG's Flexible AMOLED Technology from its Patent Portfolios Jan 26 2016 13 $1,800.00
Development of Samsung's Flexible AMOLED Technology from its Patent Portfolios Development of Samsung's Flexible AMOLED Technology from its Patent Portfolios Jan 26 2016 16 $1,800.00
Global Function Server Consumption 2016 Market Research Report Global Function Server Consumption 2016 Market Research Report Jan 25 2016 172 $4,000.00

Pages

Shopping cart

0 Items $0.00
Not able to find what you are looking for?
Call Us
WHY CHOOSE MARKET RESEARCH REPORTS?
1
Trusted By Leaders
2
Shop With Confidence
3
Customer Centric
4
Personalized Solutions
5
Secure Checkout

User login

Clients Who Trust Us

Orange, Google, Microsoft, Barclays, CassidianIntel, TPG, Elit Net, Cross Business Producers, AcmavolpakP&G, Cisco, Gemalto, General Insurance Corporation of India, Aviva, Cognizant, InoxWindB. Braun, Cobham, fiserv, Harris, Wipro, AonAl Meera, Nomura Research Institute, Tata Consultancy Services, Amara Raja, Hiranandani EnergyMunich Re, Lotte Chemical, National Post, First Data