IT infrastructure outsourcing market to touch $8.6 Billion in 2010
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IT infrastructure outsourcing market to touch $8.6 Billion in 2010

By SiliconIndia   |   Thursday, 26 February 2009, 06:57 Hrs   |    1 Comments
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IT infrastructure outsourcing market to touch $8.6 Billion in 2010
Bangalore: Remote Infrastructure Management Outsourcing (RIMO) market is expected to touch $5.9 billion in 2009 and $8.6 billion in 2010, says the Everest Research Institute.

This forecast comes at a time when top outsourcing customers are tightening their IT budgets.

"Infrastructure services do not fall under the discretionary spend category and current growth projection is unlikely to be impacted by the economic recession," said Vikash Jain, Associate Principal, Everest Group, as per a report in The Economic Times.

While IT infrastructure outsourcing is almost a five year-old industry, remote management of computer infrastructure has given an opportunity to Indian tech firms to compete with established rivals such as IBM and HP-EDS. According to Everest, the offshore suppliers based in India grew at 70 percent CAGR between 2004 and 2007.

Anand Lavi of Tholons, an offshore advisory firm, said there are still many segments of IT infrastructure that can be off-shored.

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Reader's comments(1)
1: Indian outsourcing industry stands well ahead of all other countries and still have more potentials to grow.
Posted by:Guha - 26 Feb, 2009