European Application Outsourcing Spending Forecast: 2006 To 2011

It’s interesting to see that the Application Service Provider solutions which where a hot topic 5-7 years ago did not really go mainstream and now in different terminology (Application Outsourcing, SAAS) is gaining momentum …

Application outsourcing is expected to be one of the quickest-growing categories of IT services over the next five years, with a CAGR of 10%. Firms in mature outsourcing countries, such as the UK, the Nordics, and the Netherlands, will account for the majority of the spending; which will grow from E 17 billion in 2006 to E27.5 billion in 2011. Financial services firms will lead in adoption of and spending on this service type.

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