The Key Players in The Global IT Services Market 2014-2018

Tuesday 31 March 2015, Amsterdam

The new report recognizes the following companies as the key players in the Global IT Services Market: Computer Sciences Corp. (CSC), Fujitsu Corp., Hewlett-Packard Co. (HP) and International Business Machines Corp. (IBM).

Other Prominent Vendors in the market are: Accenture, ACS, Alcatel-Lucent, ATOS Origin, BT Global Services, Capgemini, Dell, Ericsson, General Dynamics, Hitachi, Huawei Technologies, Lockheed Martin, Logica, Microsoft, NEC, NTT DATA, Nokia Siemens Networks, Northrop Grumman, Siemens and T-systems.

Commenting on the report, an analyst from the report's team said: “Cloud-based services are expected to play an increased role, led by increasing awareness among customers about the advantages of these services. The rapid development of cloud computing services has enabled organizations to achieve better operational efficiency and productivity.”

According to the report, one of the major drivers steering the growth of the market is the emergence of outsourcing destinations. The APAC region is considered an outsourcing hub, with the presence of many important and sought-after outsourcing countries such as India, China, Australia, Malaysia, the Philippines, and Vietnam.

Further, the report states that the high cost of implementation of IT services, such as licensing, installation, system design and customization, testing, training, maintenance, and upgrades, poses a major challenge to enterprises in this market.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.