IT by the numbers
Staff -- Manufacturing Business Technology, 8/1/2004 6:00:00 AM
The trend toward offshore outsourcing contributed to 6.9-percent growth in IT services markets for 2003, according to research firm Gartner, Stamford, Conn. The total IT services market rose to $569 billion in 2003, compared with $536 billion the previous year, Gartner reports. IBM remains the world's largest global service provider, with a 7.5-percent market share. HP, which has announced that services would be a more integral component of its business model, actually saw its market drop slightly, from 2.3 percent to 2.2 percent in 2003, Gartner says.
Catherine Mann of the Institute for International Economics conservatively estimates that the globalization of IT production has boosted U.S. GDP by $230 billion over the past seven years; the globalization of IT services should lead to a similar increase.
Consultants' market share rankings in 2003
(Total market revenues: $569 billion)
| Company | Percent of total market |
| IBM | 7.5 % |
| EDS | 3.7 % |
| CSC | 2.2 % |
| HP | 2.2 % |
| Accenture | 2.1% |
| Source: Gartner | |
CIMdata reviews PLM from Siemens, IFS
09/23/2009In brief
10/01/2004
Featured Company
Most Recent Resources
- FICO™ Xpress Optimization Suite Schedules Big Profits For Clients
- Strategic Pricing: Three Steps to Higher Profit Margins
- Driving Innovation Through Lean Product Development Practices
- Demand Planning Maturity Model Strategies for Demand-Driven...
- Simulation-Driven Product Development:Will Form Finally Follow...
