Stat of the Week

The IT outsourcing market grew by 37 percent in 2004, but was characterised by a larger number of smaller deals and greater competition among vendors. Datamonitor measured all new outsourcing, systems integration and consultation deals worth over $1 million and tracked 1,814 such deals in 2004 – up 4.4 percent over 2003. The top 10 vendors accounted for only 57 percent of the total market in 2004 compared to 68 percent in 2003.