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UK IT Outsourcing Activity Slows Down

by: Sarah Joson

Wednesday, November 28, 2012 | Outsourcing News |

Outosurcing Activity Declined

A research done by Oxford Economics shows that the number of employees in the information technology (IT) outsourcing sector decreased, as well as the sector’s total contribution to the UK economy.

It was also found out that in 2010, the UK’s outsourcing industry was only worth £199bn, falling from 2009’s £207bn, which is 7.4 percent of the region’s total production. Furthermore, £38.7bn of the entire value was accounted for by the IT and data-related services segment of the industry, which is £3bn lower than figures from the previous year.
 
Next to IT was the employment services segment, posting sales worth £33.9bn, followed by property repair and maintenance outsourcing, with revenues of £28.1bn.

Even the number of workers in IT outsourcing fell, from 340,000 in 2009 to 320,000 in 2010. Meanwhile, the industry with the most number of workers was employment services with 742,000. Property maintenance and repair employed 295,000.
 
UK’s IT and data-related outsourcing segment generated £38.7bn in 2010, nearly £23bn of which was from London and South East and employed 160,000 workers.
 

Source:
http://www.computerweekly.com/

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