Economic Growth for Vendors - IT Professional Services Landscape Review - Sponsored Whitepaper

Clients are looking for innovative solutions to improve their competitiveness and expense structures, while vendors are adding more pioneering solutions to their portfolios and intensifying the competitive environment. As a result, IT services vendors are poised to benefit from government and private sector spending on economic recovery. While the economic chaos continues to increase pricing pressure in the IT service market, a trend that will continue through 2H09, vendors with more flexibility and diversity in their service offerings proved most successful in terms of top line and growth in 2Q09. The remainder of 2009 will be challenging for the IT services sector and TBR does not expect major uplifts in either demand or growth.