India-Based Outsourcers Captured 23 Pct Of Top 100 Deals In 2014

However, the average deal size continued to shrink along with fewer mega-deals (TCV of USD 1 billion or more), IDC said.

While the average deal size for the top 100 worldwide outsourcing deals has been declining 4.3 per cent annually over the past 10 years, the number of megadeals was at the lowest level in more than a decade at nine in 2014.

This is significantly lower from the highs of 2003 (24 deals) and 2006 (25 deals).

Also, the share of IT outsourcing deal value worldwide has increased to 78 per cent of worldwide TCV in 2014, up from 51 per cent in 2013 and 60 per cent in 2012, IDC said.

On the other hand, the share of global TCV from BPO deals has declined to 22 per cent in 2014 from 49 per cent in 2013 and 40 per cent in 2012.

IDC said there has been a significant shift from public sector deals to commercial/private sector deals from 2013 to 2014, with government capturing just 12 per cent of deal value in 2014, down from 48 per cent in 2013.

The remaining 88 per cent in 2014 was captured by the commercial sector, compared with 52 per cent in 2013.
READ ALSO:
Modi Asks Korean Companies To Deepen India Ties