Moreover, this rate of spend is highly likely to continue for the foreseeable future, at a time when many companies are ruthlessly pruning their IT expenditure. Getting on for half (44%) of those polled expect their investment in outsourcing to go up over the next two years, while 46% reckon it will remain the same. Just 10% are predicting a drop in spending.
Looking more closely at how companies invest their money, our study suggests that the majority of outsourcing contracts are becoming smaller in financial terms and possibly less ambitious, since timeframes are shorter.
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