GARTNER'S DATAQUEST SAYS WORLDWIDE IT SERVICES MARKET TO TOP $1.5 TRILLION BY 2004.The worldwide IT services marketplace will continue its pace as the largest and fastest-growing segment in the IT industry as it climbs from $688 billion in 1999 to more than $1.5 trillion in 2004, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the latest forecast by Dataquest Inc., a unit of Gartner Group (company) Gartner Group - One of the biggest IT industry research firms. Address: Connecticut, USA. Inc. (NYSE NYSE See: New York Stock Exchange : IT and ITB ITB Invitation To Bid ITB In The Beginning ITB Internationale Tourismusbörse (German) ITB In The Business (aka in the business service industry) ITB Intrathecal Baclofen Therapy ). Dataquest analysts will provide detailed analysis on the IT services industry during the upcoming ServiceTrends 2000 conference, June 26-28 at the Boston Sheraton in Boston, Mass. "End-user organizations are struggling with an unprecedented IT skills shortage that has forced them to seek external IT services providers to fill that skills gap as they try to transform their businesses and enable their e-strategies," says Eric Rocco, principal analyst for Dataquest's IT services group. "The competitive landscape is radically transforming as new competitors and entire IT services markets emerge, but the future holds as much risk as it does promise." The market will continue to be fueled by end-user demand for external service providers for everything from product support to e-business transformation services to business process outsourcing Business process outsourcing (BPO) is the contracting of a specific business task, such as payroll, to a third-party service provider. Usually, BPO is implemented as a cost-saving measure for tasks that a company requires but does not depend upon to maintain its position in . Business management services are projected to achieve the fastest growth at a compound annual growth rate of 21 percent through 2004. Dataquest analysts will provide additional analysis on the IT services marketplace during the ServiceTrends 2000 conference, to be held June 26-28 in Boston. This year's event will feature presentations by senior industry leaders, including Doug Elix, senior vice president and group executive of IBM Global Services IBM Global Services is the world's largest business and technology services provider. It is the fastest growing part of IBM, with over 190,000 professionals serving customers in more than 160 countries. , and Kirk Arnold, COO of NerveWire. There will be 34 drill-down and tutorial sessions that will present research, competitive analysis, insight and advice across the entire IT services spectrum. Complete information on the event is available on Gartner's Web site at http://www.gartner.com/servicetrends/usa. |
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