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Robust Activity Drives EMEA Sourcing Growth

Thursday, July 20, 2017

A rise in the number of traditional sourcing contracts fuelled overall market growth in the Europe, Middle East and Africa (EMEA) region in the second quarter, according to the findings of the 2Q17 EMEA ISG Index™ released by Information Services Group (ISG) (NASDAQ: III), a leading global technology research and advisory firm. The EMEA ISG Index™, which measures commercial outsourcing contracts with an annual contract value (ACV) of €4 million or more, shows ACV for the combined EMEA market (including both as-a-service and traditional sourcing) reached €2.8 billion in the second quarter, up 13 percent. Traditional sourcing grew 5 percent, to €2 billion, on the strength of 188 contract awards, the second most ever for a quarter. ACV in the as-a-service (Infrastructure-as-a-Service and Software-as-a-Service) segment grew 40 percent, although the region continues to remain more dependent on traditional sourcing than other parts of the world.

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