Palapye.com News Blog

source: SouthAfrica.info
16 May 2008

South Africa’s highly matured information technology (IT) services market has been growing at a healthy pace, fuelled by economic growth and national development projects, with research and advisory firm IDC expecting the market to exceed US$4-billion (about R30.01-billion) this year.

In a recent research report, the agency found that IT outsourcing constituted more than a third of the services market, the largest market share of all IT services categories, followed by systems integration, deployment, and support services.

This indicated a sophisticated and mature IT spending model, with a year-on-year growth of 11%, which was at odds with most of the Middle East and Africa region where outsourcing constituted a relatively a small percentage of IT services revenue.

“Economic growth and national development projects are playing into the hands of IT services providers, both in terms of hardware and software implementations as well as custom development, outsourcing, and other services,” said IDC South Africa senior research analyst Pieter Kok in a statement this week.

“A maturing marketplace is an important driving force behind the growth in [continue reading]