ICT Services show signs of recovery in 3Q09 - ITVoir.com - Latest IT News, Computer vendors in India, IT Blogs, IT industry in India : Latest IT News

ICT Services show signs of recovery in 3Q09

ICT Service revenues increased on a sequential basis to $59.8 million in 3Q09, after declining for the previous six quarters in a row. “Revenues were still down almost 5% year-over-year, but that is a lot less than in the first and second quarters,” said Ovum Vice President John Lively, “The trend shows clear improvement and suggests the worst of the recession impact is over.”

Results in a nutshell:

•   Software and IT Services revenues were $28.3 billion, up 3.6% sequentially, down 4.9% versus 3Q08. Fujitsu, H-P, and IBM led the segment in market share.
•   Business Process Consulting were $18.6 billion, up 2.4% sequentially, and down 6.6% versus 3Q08. IBM, Accenture, and CSC led this segment in market share.
•   Telecom Infrastructure services were $12.8 billion, up 0.6% sequentially, and down 8.6% versus 3Q08. T-Systems, Cisco, Ericsson, NSN, and Alcatel-Lucent each held more than 10% share in this segment in 3Q09.

Ovum’s complete 3Q09 ICT services market share spreadsheet is now available on Ovum’s Telecoms Knowledge Center. It shows historical revenues and market share for the 24 leading providers of ICT services, in three horizontal and three vertical segments.

Similar Articles

Symphony Services and Teleca Merge Creating World's Leading Services Organization Developing Software and Solutions for the Connected World
Symphony Service Corp. has announced that they have entered into a definitive merger agreement to create Symphony Teleca Corporation, the first company exclusively focused on helping clients rapidly d

QNAP to organize Six City Reseller Meet in India
QNAP Systems has announced to organise Reseller Meets in six major cities of India to strengthen its presence in the country. These Reseller Meets will take place in February this year across si

Symphony Services Announces Record Business Performance; Poised for Continued Growth in 2012
Symphony Services has announced record business performance for the year 2011, including financial growth, as well as geographic and market reach expansion, innovative new product and service offering

Kaspersky Lab Named a "Leader" in Magic Quadrant for Endpoint Protection Platforms
Kaspersky Lab, a leading developer of secure content and threat management solutions, announces that it has officially been named a "Leader" in the Gartner Magic Quadrant for Endpoint Protection Platf

Fujitsu's Shogi Software Tops Former Shogi Champion KunioYonenaga
Fujitsu Laboratories Limited has announced that a software program developed for the game of shogi-a Japanese board game with similarities to chess-recently won a match against one of Japan's shogi ma

Sage India moves to new headquarters in Gurgaon
Sage Software has announced the transfer of its India-based headquarters in Delhi to a newer facility in Gurgaon. The move is part of the global company’s initiative to firm up its Indian market

100 Gigabit Ethernet Industry Milestone Achieved;Brocade Delivers 100TH Blade
From initial customer shipments of 100 Gigabit Ethernet (GbE) in June 2011, Brocade established itself as a leading provider of carrier-grade 100 GbE routing solutions for service providers and enterp

ApnaCircle joins hands with 2nd Indian Student parliament as their Networking partners
ApnaCircle.com ties up with Indian Student Parliament, India’s chief body inspiring youth for strengthening democracy as their Networking partners for the event.(http://www.apnacircle.com/groups

Simmtronics Semiconductors Ltd. nominated for ICICI CNBC Emerging India Award, 2011
Simmtronics Semiconductors Ltd. is proud to announce that the Company has just been nominated for the prestigious ICICI CNBC Emerging India Award, 2011.
Simmtronics Semiconductors Ltd

MCAFEE WARNS CONSUMERS OF THE "TWELVE SCAMS OF CHRISTMAS"
‘Tis the season for consumers to spend more time online - shopping for gifts, looking for great holiday deals on new digital gadgets, e-planning family get-togethers and of course, using online

IBM Advances Analytics Skills Program to Universities in India and Globally
To address a growing market demand for analytics savvy graduates, IBM is working with universities around the world to bring advanced analytics training directly into the classroom. The company is exp

Frost & Sullivan Awards NI India With Technology Innovation of the Year Award
National Instruments has announced that Frost & Sullivan honored NI India with its 2011 Technology Innovation of the Year Award in Electronic Test & Measurement for the company’s PXI pro

Divya Kumat, VP-Legal & Company Secretary of Datamatics Global wins Women Leaders in India Awards 2011
Datamatics Global Services has that Ms. Divya Kumat, Vice President (Legal) and Company Secretary has won the “Women Leaders in India Awards 2011”. She was adjudged as the Leading Woman Co

ASUS sets up new retail store in Gurgaon
ASUS Technology is further mounting its presence with opening of its retail outlet in Gurgaon, Haryana. Bordering on all the accessible outlets, this outlet will also feature the entire range of fully

Brocade outlines top five technology trends to watch out for in 2012
2011 was a year of significant IT innovation, with major advances in both consumer and business sectors. It was also the year of ‘cloud’, but as we say goodbye to 2011, what does 201

Datamatics Global Services and Blue Star win CSI 2011 Award for Excellence in IT
Datamatics, Global Information Technology (IT) and Knowledge Process Outsourcing (KPO) organization and Blue Star Limited, India's largest central air conditioning and commercial refrigeration company

Microsoft Opens New Global Delivery Centre in Bangalore
Microsoft has announced the expansion of its global consulting and enterprise services operations out of India: a new state-of-the-art Global Delivery centre, situated in the heart of Bangalore's busi

IBM to collaborate with IIT-Guwahati for SUR
IT major IBM has entered into a collaboration with IIT-Guwahati for Shared University Research (SUR) on computer assisted therapy and rehabilitation for speech, hearing and language pathologies.

Wipro and Outsourcing Center unveil Survey Report on Data Center Economics
Wipro Technologies has announced the findings of a survey conducted on data center optimization, at the Gartner Data Center Conference being held in Las Vegas. As the amount of data proliferates acros

QNAP Partners with Symform to Offer Customers Free Cloud Back-up
QNAP Systems Inc. today announced a partnership with Symform to provide QNAP customers with up to 200 GB of free cloud back-up and unlimited cloud back-up for a low flat monthly fee. Symform is availa