The market for Information technology outsourcing (ITO) is expected to reach $313.2bn in 2011, growing 6.9% on 2010, according to an online survey by Gartner.
Winning new clients is seen as a new priority for 45% of ITO providers, with 62% of respondents identifying growth as the top strategic goal this year. It is hoped this with be achieved will be achieved through investing in cloud, utility and "as a service" offerings.
Gartner vice president and distinguished analyst Rolf Jester said: “It is clear that providers are optimistic despite considerable uncertainty in the global economies.”