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US software vendors dominate in Europe while UK companies hold only a limited market share in the region, according to the latest rankings by PAC.

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The software and IT services (SITS) market in Eastern Europe and Russia experienced a major mood swing in 2008. The market switched from an upbeat outlook and a promising pipeline in the first half of 2008 to a sluggish year end, dominated by uncertainty and caution.

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ELEKS Software Ltd, a Ukrainian IT services and product company, announced that it has supplied a Driver and Vehicle Licencing System (DVLS) for the Transport Department of the States of Guernsey (Channel Islands, UK).

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On January 27-29, 2009, Itransition will be attending the SharePoint Technology Conference in Burlingame, CA.

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Guru.com, the world’s largest online marketplace for freelance talent, introduced a Quality Score-based Rank system today to remove guesswork from the task of finding a reliable freelancer.

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The global financial crisis will emphasise the importance of IT outsourcing as a tool to cut IT expenditure in 2009 and 2010. Central and Eastern Europe (CEE) is no exception in this respect.

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While the SAP consulting services market is facing huge challenges of client budget cuts, project delays and lengthening sales cycles, the SAP outsourcing segment in the UK is seeing some more positive developments.

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SoftServe Inc., a leading global provider of software development and consulting company, wraps up for the year 2008 activities in the world market.

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One of the main objectives of the EU-funded Project “Support to the Development of Business Capacity of Ukrainian SMEs – International Dimension” is to help companies to establish business links with EU companies.

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IT services suppliers will continue to build out their low-cost sourcing networks across multiple regions in 2009 in order to improve their cost base amid challenging market conditions.

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