• Home
  • News
  • Reviews
  • Digital technology
  • Cloud
  • Data analytics
  • Digital leaders
  • IoT
  • Opinion
  • Events
  • Whitepapers
  • Newsletters
  • Sign in
  • Events
    • Follow V3 Events

      Sign up to receive email alerts about our events

      Sign up
  • Whitepapers
    • V3resources 120x194
      Network Security Forensics For GDPR Compliance

      An effective network security forensics strategy can assist an organization in providing key compliance-related details as part of any post-incident GDPR investigation.

      Download
      V3resources 120x194
      10 ways to increase productivity with managed Office 365

      For businesses large and small, relying on a cloud-based collaboration and productivity suite such as Microsoft Office 365 is becoming the norm. Enhancing productivity in your organisation is vital to get ahead in 2017 - and using Office 365 can help, if it's used right...

      Download
      Find whitepapers
      Search by title or subject area
      View all whitepapers
  • Data Strategy Spotlight
  • Sign in
  •  
    •  

      You are currently accessing V3 .co.uk via your Enterprise account.

      Personalise your on site experience

      Download and use the apps

      Access your subscription from outside of the office

      Get relevant news and insight straight to your inbox

      • Sign in
     
      • Newsletters
      • Account details
      • Contact support
      • Sign out
     
  • Follow us
    • RSS
    • Twitter
    • Newsletters
    • Facebook
    • YouTube
  • Register
  • News
  • Reviews
  • Digital technology
  • Cloud
  • Data analytics
  • Digital leaders
  • IoT
  • Opinion
 
  •  

    You are currently accessing V3 .co.uk via your Enterprise account.

    Personalise your on site experience

    Download and use the apps

    Access your subscription from outside of the office

    Get relevant news and insight straight to your inbox

    • Sign in
 
    • Newsletters
    • Account details
    • Contact support
    • Sign out
 
V3.co.uk
  • Software

Boom time for outsourced apps management

Worldwide market healthy and growing rapidly, reports IDC

  • Robert Jaques
  • 23 May 2005
  • Tweet  
  • Facebook  
  •  
  •  
  • Send to  
0 Comments

Global demand for outsourced application management services soared in 2004 and the sector is poised to enjoy even more aggressive growth this year, industry experts have predicted.

According to a recently published IDC study, approximately $17.9bn was spent worldwide on application management services last year.

The continuing demand for such services will help the market to an overall compound annual growth rate of 9.2 per cent, and will reach $27.2bn by 2009.

IDC's research found that offshore labour outsourcing and high-end transformational services will be the most critical offerings for successful application management services vendors.

"The worldwide application management services market is healthy and growing rapidly," said Barry Mason, senior analyst for application outsourcing and offshore services at IDC.

"Customers are seeking vendors with global sourcing capabilities and diverse offerings that span everything from basic application maintenance services to transformational services such as legacy modernisation, service oriented architectures and portfolio rationalisation.

"This critical combination of low-cost operational capabilities and high-value services offerings are crucial elements for vendors to help their customers create truly dynamic IT organisations, and will drive further growth in the market."

The US application management services market continues to grow and leads in regional spending.

Approximately $8.5bn was spent by US customers on discrete application management services in 2004, and this amount is expected to increase to $11.8bn by 2009.

Growth rates in the Asia/Pacific region will continue to increase throughout the forecast period, while both the Americas and EMEA will experience declining growth rates beyond 2007 as those markets mature.

  • Tweet  
  • Facebook  
  •  
  •  
  • Send to  
  • Topics
  • Software

V3 Latest

First plant to grow on the Moon, err, dies
First plant to grow on the Moon, err, dies

Cotton seedling freezes to death as Chang'e-4 shuts down for the Moon's 14-day lunar night

  • Communications
  • 18 January 2019
Fortnite news and updates: Fortnite made $2.4bn in 2018, according to SuperData
Fortnite news and updates: Fortnite made $2.4bn in 2018, according to SuperData

Fortnite easily out-earns PUBG, Assassin's Creed Odyssey and Red Dead Redemption 2 in 2018

  • Software
  • 18 January 2019
Japanese firm sends micro-satellites into space to deliver artificial meteor showers on demand
Japanese firm sends micro-satellites into space to deliver artificial meteor showers on demand

Meteor showers as a service will be visible for about 100 kilometres in all directions

  • Communications
  • 18 January 2019
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data
Saturn's rings only formed in the past 100 million years, suggests analysis of Cassini space probe data

New findings contradict conventional belief that Saturn's rings were formed along with the planet about 4.5 billion years ago

  • Communications
  • 18 January 2019
Back to Top
  • Contact
  • Marketing solutions
  • Enterprise IT Events
  • About
  • Terms & conditions
  • Privacy policy
  • RSS
  • Twitter
  • Newsletters
  • Facebook
  • YouTube

© Incisive Business Media (IP) Limited, Published by Incisive Business Media Limited, New London House, 172 Drury Lane, London WC2B 5QR, registered in England and Wales with company registration numbers 09177174 & 09178013

Digital publisher of the year
Digital publisher of the year 2010, 2013, 2016 & 2017