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2006 Report Provides A Complete View Of The Growth Of The UK Software And IT Services Market From Now Until The End Of This Decade.


DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c51542) has announced the addition of "Market Trends 2006: UK Software and IT Services To 2010" to their offering

The maturing of the software and IT services (S/ITS) industry continues, with IT services growth rates Growth Rates

The compounded annualized rate of growth of a company's revenues, earnings, dividends, or other figures.

Notes:
Remember, historically high growth rates don't always mean a high rate of growth looking into the future.
 firmly in the mid single digits in our forecast period to 2010. Software growth will approach double digits Double Digits was a pricing game on the American television game show, The Price Is Right. Played from April 20, 1973 through May 18, 1973's show, it was played for a car and used small prizes. , and software has now replaced outsourcing as the fastest-growing industry sector. Excluding the expected effects of inflation, combined S/ITS growth is expected to slightly exceed GDP GDP (guanosine diphosphate): see guanine.  growth rates during our forecast period.

Cost cutting remains an important rationale for new contracts, but end users are showing an increased interest in spending for 'growth agenda' purposes: using technology innovation to raise corporate revenues or improve service quality to customers.

One sign of this maturity is the 'industrialisation' of IT services, with service delivery becoming more standardised Adj. 1. standardised - brought into conformity with a standard; "standardized education"
standardized

standard - conforming to or constituting a standard of measurement or value; or of the usual or regularized or accepted kind; "windows of standard width";
 and modular, promising customers and suppliers alike greater efficiency, quality control and predictability.

This 2006 report provides our complete view of the growth of the UK software and IT services market from now until the end of this decade. It supports your market planning with forecast data and trend analysis covering the key service lines (outsourcing, BPO BPO Business Process Outsourcing
BPO Benevolent & Protective Order (of Elks of the USA)
BPO Benzoyl Peroxide
BPO Business Process Optimization
BPO Broker Price Opinions
BPO Buffalo Philharmonic Orchestra
, consulting, systems integration, enterprise software, IT support etc) and vertical sectors (public sector, financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
, telecoms/media, retail etc).

Market rankings by subsector help you compare your own performance with that of your competitors. And as youd expect, Market Trends 2006 highlights the big picture trends - from software-as-a-service to global sourcing to shared services shared services,
n.pl the administrative, clinical, or other service functions that are common to two or more hospitals or their health care facilities and used jointly or cooperatively by them.
 to the componentisation of IT architectures - that will shape the S/ITS market in the coming years, enabling you to capitalise on the changes ahead.

Topics Covered:

-Market forecasts

-Leading players

-Software market

-Support services market

-Project services market

-Outsourcing market

-Definitions

For more information, visit http://www.researchandmarkets.com/reports/c51542

Source: Ovum
COPYRIGHT 2007 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2007, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Mar 6, 2007
Words:315
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