Local IT services set to break $4bn as outsourcing grows

Johannesburg - The local information technology (IT) services market is expected to exceed $4 billion (R31 billion) this year, representing a year-on-year increase of more than 11 percent, according to the latest report by research firm IDC.

The growth is fuelled by economic expansion, the adoption of open-source software, government projects such as the e-government that is meant to provide technology access to rural areas, technology upgrade cycles, preparations for the 2010 soccer World Cup, deregulation, and growth in the small and medium business market.

Many firms are outsourcing non-core operations such as IT to companies such as Business Connexion, GijimaAst and IBM to save money and focus on the core business.

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