IT by the numbers.(Information Technology)

MSI, August, 2004

The trend toward offshore outsourcing contributed to 6.9-percent growth in IT services markets for 2003, according to research firm Gartner, Stamford, Conn. The total IT services market rose to $569 billion in 2003, compared with $536 billion the previous year, Gartner reports. IBM remains the world's largest global service provider, with a 7.5-percent market share.

HP, which has announced that services would be a more integral component of its business model, actually saw its market drop slightly, from 2.3 percent to 2.2 percent in 2003, Gartner says. Catherine Mann of the Institute for International Economics conservatively estimates that the globalization of IT production has boosted U.S. GDP by $230 billion over the past seven years; the...

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