Business Services Industry

IT outsourcing growth to continue. (Management Strategies).(Brief Article)

Business Communications Review, February, 2002

Companies are looking to IT outsourcing as a way of saving money in the slow economy, and this trend will continue through mid-decade, according to Gartner Dataquest, which forecasts a compound annual growth rate of 11.2 percent. Larger businesses have already adopted so-called "IT utility" services such as hosting, and these offerings will become more popular and available for small and medium-sized businesses as well, Gartner Dataquest projects.

"In a poor economy, a compelling benefit of hosted solutions is the ability to deploy new technology solutions with little or no capital investment," said Bruce Caldwell, principal analyst at Gartner Dataquest. "As the business climate improves, enterprises will continue to look toward outsourcing to...

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