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India Aims for Fourfold Jump in IT Exports to $80 billion by 2010

Indian software and services exports are expected to jump nearly 33% to $31.3 billion during the fiscal year ending Mar 2007. India's Prime Minister Manmohan Singh told Indian IT leaders to be ambitious and aim for IT expots of $80 billion in 2010, nearly fourfold increase in annual exports of from fiscal 2006. 

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IDC: HR Outsourcing To Small Businesses is a $44 billion Market

The estimated value of the total addressable market for comprehensive HR outsourcing to the small market is a staggering $44 billion per year in potential recurring revenue in the United States, based on 2004 employment figures, according to IDC. 

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Indian Outsourcing Industry Set to Jump 33% to $31.3 billion

Indian software and services exports are expected to jump nearly 33% to $31.3 billion during the fiscal year ending Mar 2007, according to the the Strategic Review 2007 report by NASSCOM, IT software and service industry trade body in India. 

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Record Number of Outsourcing Deals in 2006; $78B in Contracts: TPI Index 

The total number of outsourcing contracts awarded in 2006 hit a new record with an increase of 3% from an year earlier in 2005. However, the total contract value (TCV) signed declined 8% in 2006 to $78 billion, according to TPI Index report on global outsourcing industry.  

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IT Services M&A activity Surged 24% in 2006, Driven by PE and India

While the global M&A activity set for a record $4 trillion value in 2006, the IT services sector also enjoyed bumper year in M&A activity with 319 deals, a jump of 24% over 2005, according to data tracked by Computer Business Review.

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Worldwide AMS Market to Hit $32.2B in 2010; IDC Announces Top 10 Vendors

Worldwide Application Management Services (AMS) market is expected to grow to $32.2 billion in 2010, at a 9.5% compound annual growth rate (CAGR), according to IDC. The more mature U.S. AMS market accounts for over 40% of the worldwide demand, but is growing more slowly and is expected to reach $13.4 billion in 2010, groaing at a 7.7% CAGR. 

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9 U.S. IT Service Providers - The Good, The Bad, and The Hairy: Morningstar.com

Morningstar surveyed the U.S.-based information technology services firms landscape and sorted the key players into the good, the bad, and the hairy. 

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Top 25 Technology Vendors in Financial Industry; $85 billion Sales

The Top 25 enterprise technology companies sold more than $84.7 billion in products and services to financial industry clients in 2005, representing a 5% increase over last year, according to American Banker and Financial Insights (IDC Company).

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U.S. HR BPO Spending Set to Reach $18.9 billion by 2010, IDC

Human resources (HR) business process outsourcing (BPO) is the fastest-growing segment of HR services and will grow at a compound annual growth rate (CAGR) of 16% in the United States, reaching $18.9 billion in spending by 2010, according to IDC. Overall, the landscape continues to evolve through mergers, acquisitions, and joint ventures.

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IDC Reveals Reduction in Outsourcing Deal Size and Rising Competition

The total contract value (TCV) of the top 100 worldwide outsourcing deals decreased by 3.1% from $70.1 billion in 2004 to $67.9 billion in 2005, according to the annual IDC study of the top 100 worldwide outsourcing deals. The study finds:

  • reduction in the number of both megadeals valued at $1 billion and higher and deals ranging from $500 million to less than $1 billion TCV. 
  • dramatic increase in the number of deals with less than $250 million TCV from 8 in 2004 to 23 in 2005.

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