German outsourcing market to grow to EUR 19.4 billion

The German outsourcing market will grow by 4.3 percent to EUR 19.4 billion during this year, according to German ICT federation Bitkom citing research from IDC and EITO.

IT outsourcing will represent over EUR 13 billion in revenues, followed by business-process outsourcing with EUR 6.3 billion. Bitkom published the forecast on the occasion of the outsourcing forum in Bad Homburg.

Cloud computing in particular will give the outsourcing market additional momentum. According to a study commissioned by Bitkom, sales of cloud services will rise this year by about 55 percent to EUR 3.5 billion and is expected to reach EUR 13 billion by 2015.

The corporate cloud computing revenues are expected to grow from EUR 1.9 billion this year to EUR 8.2 billion in 2015.

Source: telecompaper

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