The market opportunity for IT outsourcing services can differ significantly depending on the vertical industry, a new report from IDC reveals. The new report, which presents the five-year forecast for the U.S. IT outsourcing market within 16 vertical markets, indicates a range in the compound annual growth rate (CAGR) from 3.5% in communications/media and education to 7.4% in government.

While some verticals have been more severely impacted by the downturn in the economy, other industries have continued to spend on technology and related IT outsourcing. Research shows that the largest U.S. consumers of IT outsourcing are discrete manufacturers and the government. In terms of the fastest-growing markets over the five-year forecast period, some of the better opportunities will be with the government, financial markets, services, and discrete manufacturing industries.

iConnect provides an unique combination of onsite (for analysis, planning, architecture design) and offshore (software coding, quality control/testing and implementation support) model. The past experience with projects executed using this methodology have delivered quality, control and cost-effectiveness. This is not the case with majority of offshore outsourced projects.

iConnect complements project execution all along the life cycle through a web-based remote Project Management web portal that helps track, monitor progress and collaborate with projects teams that are separated by the global clock.

To estimate potential benefits of outsourcing or to evaluate specific project requirements that need to be outsourced, call us.