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All IT Services and Outsourcing News - June 2006

Western European outsourcing contracts top $40bn

News
Author: Tash Shifrin
Date: 28 June 2006

The 100 biggest outsourcing deals in western Europe reached a total value of $40.5bn (£22.2bn) last year, figures from industry analyst IDC have revealed.

IT services revenue up 6% in 2005, says Gartner

News
Author: Tash Shifrin
Date: 14 June 2006

The worldwide IT services industry generated $624.4bn (£338bn) last year, with project-based services and software support growing faster than outsourcing for the first time in five years.

MPs slam failure to sort out tax credit IT

News
Author: Lindsay Clark
Date: 07 June 2006

A parliamentary watchdog has told Her Majesty’s Revenue and Customs that it should publish a report analysing the contribution of IT failures to £1.8bn in over payments during 2004/2005.

Indian outsourcers report boom times

News
Author: Tash Shifrin
Date: 06 June 2006

India’s IT services and business process outsourcing industry is booming, with revenues up 37% to more than $6bn (£3.2bn) last year, figures from trade body Nasscom have revealed.

Banks embrace multi-supplier model

News
Author: Christian Annesley
Date: 06 June 2006

Financial services organisations are starting to embrace a sophisticated global sourcing model, covering multiple suppliers, geographies and vertical, business-specific processes.

Indian outsourcer buys retail IT integrator for £29m

News
Author: Antony Savvas
Date: 02 June 2006

Indian outsourcing firm Wipro has bought Portuguese IT company Enabler for £29m to help it target the retail IT outsourcing market.

Barclays extends Xansa joint venture IT outsourcing

News
Author: Antony Savvas
Date: 01 June 2006

Barclays has extended its Barclaycard IT outsourcing joint venture arrangement with Xansa, which is set to generate at least £75m in business over five years.