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Strong rebound for IT services in 2021


Apr 13, 2021
Worldwide IT and business services revenue declined 1,16% year over year (in constant currency) in 2020, according to the IDC Worldwide Semiannual Services Tracker.
In nominal dollar denominated revenue based on today’s exchange rate, the decline was 1,53%, due to FX. Despite bearing the full brunt of the pandemic, services revenue managed to stay above $1-trillion last year and the overall contraction in 2020 proved to be milder than forecast in September 2020.
IDC now expects the services market to have a strong rebound in 2021. The current forecast projects year-over-year growth in both 2021 and 2022 to be around 4%. This is a notable improvement over the September 2020 forecast, which projected the market to grow close to 2% in 2021 and 3,2% in 2022. The improved outlook is buoyed by better-than-expected revenue in 2020, especially in Q3 and Q4, a brighter economic outlook and growing business confidence, and the pandemic’s long-lasting impact on I ....

United States , Asia Pacific , Xiao Fei Zhang , Worldwide Semiannual Services Tracker , Global Services , Semiannual Services , Middle East , North America , Latin America , Eastern Europe , Global Services Markets , ஒன்றுபட்டது மாநிலங்களில் , ஆசியா பெஸிஃபிக் , கிஷியஓ ஃபெ ஜாங் , உலகளாவிய சேவைகள் , நடுத்தர கிழக்கு , வடக்கு அமெரிக்கா , லத்தீன் அமெரிக்கா , கிழக்கு யூரோப் , உலகளாவிய சேவைகள் சந்தைகள் ,

What Servian's acquisition says about the A/NZ services market


What Servian’s acquisition says about the A/NZ services market
What Servian’s acquisition says about the A/NZ services market
Representing something greater than Cognizant s own aspirations
Linus Lai (IDC)
Credit: IDC
US IT services provider Cognizant’s recent acquisition of Servian’s entire workforce shows just how important Australian and New Zealand businesses are for the expansion plans of global services companies.
Earlier in January, Cognizant snapped up the Sydney-headquartered data analytics consultancy firm for an undisclosed amount  including its workforce of over 500 across Australia and New Zealand and claimed that the buy was part of its strategy to increase its expertise of data and artificial intelligence (AI), digital engineering, cloud and internet of things (IoT) worldwide.  ....

New Zealand , Mark Iles , Linus Lai , Technology Business Research , Global Services , Tech Research Asia , Asia Pacific Software , Services Research Group , Pacific Software , Global Services Markets , Gard Little , புதியது ஜீலாந்து , குறி ஐல்ஸ் , லினஸ் லாய் , தொழில்நுட்பம் வணிக ஆராய்ச்சி , உலகளாவிய சேவைகள் , தொழில்நுட்பம் ஆராய்ச்சி ஆசியா , ஆசியா பெஸிஃபிக் மென்பொருள் , சேவைகள் ஆராய்ச்சி குழு , பெஸிஃபிக் மென்பொருள் , உலகளாவிய சேவைகள் சந்தைகள் , கார்ட் கொஞ்சம் , எல்லாம் அறிந்தவன் ,

What Servian's acquisition says about the A/NZ services market


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What Servian’s acquisition says about the A/NZ services market
Representing something greater than Cognizant s own aspirations
Linus Lai (IDC)
Credit: IDC
US IT services provider Cognizant’s recent acquisition of Servian’s entire workforce shows just how important Australian and New Zealand businesses are for the expansion plans of global services companies.
Earlier in January, Cognizant snapped up the Sydney-headquartered data analytics consultancy firm for an undisclosed amount  including its workforce of over 500 across Australia and New Zealand and claimed that the buy was part of its strategy to increase its expertise of data and artificial intelligence (AI), digital engineering, cloud and internet of things (IoT) worldwide.  ....

New Zealand , Mark Iles , Linus Lai , Technology Business Research , Global Services , Tech Research Asia , Asia Pacific Software , Services Research Group , Pacific Software , Global Services Markets , Gard Little , புதியது ஜீலாந்து , குறி ஐல்ஸ் , லினஸ் லாய் , தொழில்நுட்பம் வணிக ஆராய்ச்சி , உலகளாவிய சேவைகள் , தொழில்நுட்பம் ஆராய்ச்சி ஆசியா , ஆசியா பெஸிஃபிக் மென்பொருள் , சேவைகள் ஆராய்ச்சி குழு , பெஸிஃபிக் மென்பொருள் , உலகளாவிய சேவைகள் சந்தைகள் , கார்ட் கொஞ்சம் ,