The experts forecast: IT outsourcing services market in the CEE region will reach USD 5 billion in 2010.
29 November, 2010 – Kiev – Central and Eastern European Outsourcing Association (CEEOA) released its annual report on the state of IT outsourcing service providers market in the CEE region ‘Central and Eastern Europe IT Outsourcing Review 2010’.
The main objectives of the research are to provide impartial and varied perspectives on the state of the market for IT outsourcing services in the CEE region; to provide potential clients with all the information needed to make decisions about outsourcing activities to the region; and to lower the barriers for entry into the CEE outsourcing services market.
SoftServe, a leading global provider of proven high quality software development, testing and consulting services, became the general sponsor of the research, companies Eleks Software and Intetics Co. became sponsors of the research.
Research for ‘Central and Eastern Europe IT Outsourcing Review 2010’ was conducted from February to July 2010. Respondents include more than 300 companies from 16 countries of Central and Eastern Europe that participated through online surveys, as well as market experts and representatives of national associations were interviewed to receive the data on the market volume assessment and the main development trends in the IT outsourcing industry in the region. More than 6% of market players were surveyed, with respondents completing an average of 95% of the survey.
As part of the project a catalogue of IT outsourcing services providers in Central and Eastern Europe (ITOlist), located at www.itolist.eu, was created. The primary objective of the ITOlist.eu catalogue is to create an easy to search permanent, annually updated, regional catalogue of companies providing IT outsourcing services in the CEE region.
The report is distributed for free and includes the information on the main indicators of the market state: market volume, number of companies operating on IT outsourcing services provision market, number of specialists employed in IT outsourcing companies, and service rates. According to the research findings the volume of IT outsourcing services market in Central and Eastern Europe reached USD 4 billion in 2009. The experts and respondents expect the further growth in volume of IT outsourcing and custom software development services exported from the CEE region and forecast that the market volume will reach USD 5 billion in 2010.
The report also includes the brief profiles of IT outsourcing companies from the CEE region that participated in the research, and opinions of market experts on the main development trends observed in the market of IT outsourcing service providers.
Victor Maznyuk, President of Ukrainian Hi-Tech Initiative and Editor-in-Chief of ‘CEE IT Outsourcing Review 2010’, noted, ‘The successful release of 'CEE IT Outsourcing Review 2010' is another important step in the development of Central and Eastern European Outsourcing Association. The report is the efforts of large international team including national IT associations that are the members of CEEOA, large number of companies operating in the CEE market, well-known experts working in the global IT outsourcing services market. I am very pleased that CEEOA managed to become the integrator of efforts of the professional community.
I have no doubts, that 'CEE IT Outsourcing Review 2010' is a qualitative source of information on the state of IT outsourcing and custom software development services industry in the CEE region and will contribute to the strengthening of Central and Eastern Europe's position as a global provider of outsourcing services.’
The official version of the report ‘Central and Eastern Europe IT Outsourcing Review 2010’ is available at the CEEOA website and at the information portal ITOnews.eu (http://itonews.eu).
The main findings from the ‘CEE IT Outsourcing Review 2010’report will be presented at the webinar that will be held on December, 14th.
Central and Eastern European Outsourcing Association (CEEOA) (www.ceeoa.org) was founded in 2008. The members of the association are the leading national IT and Outsourcing associations from the Central and Eastern Europe, among them Baltic Outsourcing Association (BOA), Ukrainian HI-TECH Initiative, Hungarian Service Industry and Outsourcing Association (HOA), Employers’ Association of the Software and Services Industry (ANIS) from Romania, Bulgarian Web Association (BWA), Czech ICT Alliance, Belarus Hi-Tech Park and ASPIRE - Association of IT & Business Process Services Companies (Poland). Central and Eastern European Outsourcing Association (CEEOA) brings together the Associated bodies of the CEE region in a powerful, active and developing association to exchange thought leadership and network to position the Central and Eastern European region as competitive alternative to other global IT outsourcing and business process outsourcing destinations.