London, 15 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on Global IT Services Market 2014-2018.
IT services help organizations create, manage and optimizing information and business processes with business and technical expertise. These services focus on providing a framework to structure IT-related activities. The Global IT Services Market is expected to grow at a CAGR of 5.40 percent during the period 2013-2018.
The latest report by TechNavio focuses on the emergence of outsourcing destinations. When considering an offshore location for outsourcing business processes, client organizations consider certain factors such as labor costs and political, economic and social risks. In addition, the report also emphasizes emerging cloud computing technology that has resulted in overall market growth.
“Cloud computing is an evolving technology that enables both IT infrastructure and software to be directly delivered over the internet as a service. The ubiquity of the internet and widespread availability of high-speed broadband connections are primary factors driving the shift toward cloud computing services. Cloud computing allows enterprises to access technologies such as infrastructure, platforms, and software that need proper IT support,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Emergence of Outsourcing Destinations
- For a full detailed list, view our report.
Market Challenges:
- High Cost of Implementation
- For a full detailed list, view our report.
Market Trends:
- Increased Role of Cloud-based Services
- For a full detailed list, view our report.
Key Vendors:
- Computer Sciences Corp. (CSC)
- Fujitsu Corp.
- Hewlett-Packard Co. (HP)
- International Business Machines Corp. (IBM)
Other Prominent Vendors:
- Accenture
- BT Global Services
- Capgemini
- Dell
- Ericsson
- General Dynamics
- Hitachi
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
