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Introduction

Ovum's IT services research includes all publicly announced contracts with values of more than $1m. This report provides an insight into deal signings by vendor, client, value, region, and IT services type and solution area for December 2015.

Highlights

  • The total contract value (TCV) of deals announced in December 2015 decreased 19% compared with the same period of the previous year.
  • Infrastructure management contracts accounted for 27% of the TCV.
  • The defense sector contributed 44% of the month’s TCV.

Features and Benefits

  • Gain an understanding of all deal types in all IT services domains, including infrastructure, applications, and BPO
  • Gain an insight into the global IT service markets
  • Plan your strategy according to competitors' major deal announcements

Key questions answered

  • What major IT services contracts were announced during December 2015?
  • What deals are set to expire, and when?

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Analysis

  • IT services’ TCV decreased 19% year-on-year to $7.6bn
  • The number of deals worth less than $5m increased year-on-year
  • The value of the average contract decreased to $34.3m
  • Infrastructure management contracts accounted for 27% of the TCV
  • The defense sector contributed 44% of the month’s TCV
  • CSRA secured the biggest share of monthly TCV
  • The volume of deals signed with durations of between 61 and 120 months doubled year-on-year
  • Monthly TCV in North America increased year-on-year
  • Of the contracts expiring in the next six months, 19% are application development deals
  • Of the contracts set to expire in the next six months, 37% involve central and federal government agencies

Appendix

  • Methodology
  • Further reading
  • Author

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