"IT Services Contracts Quarterly Analysis, Q1 2010" now available at Fast Market Research

June 7, 2010 - PRLog -- The global economic crisis had a major impact on outsourcing activity last year, with 2009 ranking as one of the worst for IT services contract signings since Ovum began collecting data in 2000. Data gathered in the first quarter of 2010 suggests that while there are reasons for cautious optimism, the slump is not yet over. The number of deals tracked by Ovum's IT Services Contracts Analytics in the three months to the end of March fell to its lowest level since 2007, while quarterly total contract value (TCV) was only boosted by a handful of major public-sector awards. The overall IT services market remains overly reliant on central-government clients in the US and UK, with a notable lack of activity in key vertical markets such as financial services.

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Report Table of Contents:

SUMMARY
Ovum view
Key messages
A SLOW START TO 2010
The number of deals was the lowest since 2007
PUBLIC SECTOR DOMINATED Q1 CONTRACT SIGNINGS
Public sector accounts for 62% of TCV
Private-sector mega-deals boosted quarterly TCV
TELECOMS WAS THE MOST ACTIVE VERTICAL MARKET
A glut of sizable IT services deals
US still the center of contract-signing activity
ANOTHER STRONG QUARTER FOR BPO DEALS
Resurgence of demand
APPENDIX
Further reading

List of Tables
Table 1:  Contracts data for the last five quarters
Table 2:  Private-sector contracts data for the last five quarters

List of Figures
Figure 1:  Vendor share of public-sector TCV
Figure 2:  Vendor share of private-sector TCV

About Ovum

Ovum fully understands convergence across telecoms, IT services and software. They invest heavily in researching what is happening in a market that is dynamic and full of risk and reward, analysing the changes and identify the threats and opportunities ahead for their clients. Ovum's team has extensive experience in the sector and is dedicated to 'getting closer' - to the industries they advise on, to the people they work for, and ultimately to the real issues determining how ICT markets behave. Ovum maintains a fluid, highly collaborative structure that brings the right range of expertise to each situation.  View more research from Ovum at http://www.fastmr.com/catalog/publishers.aspx?pubid=1006

About Fast Market Research

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