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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 October 2015.

Highlights

  • The total contract value (TCV) of deals announced in October 2015 increased 14% compared with the same period of the previous year.
  • The TCV of application development deals more than doubled year-on-year.
  • There was notable activity in the defense sector.

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
  • Learn to plan your strategy according to competitors' major deal announcements

Key questions answered

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

Table of contents

Summary

  • Catalyst
  • Ovum view
  • Key messages

Analysis

  • IT services’ TCV increased 14% year-on-year to $9.8bn
  • The number of deals worth less than $5m increased year-on-year
  • The value of the average contract increased to $40.9m
  • The TCV of application development deals more than doubled year-on-year
  • There was notable activity in the defense sector
  • IBM secured the biggest share of monthly TCV
  • The volume of deals signed with durations of between three and five years increased 14%
  • Monthly TCV in North America increased year-on-year
  • Of the contracts expiring in the next six months, 20% are application development deals
  • Of the contracts set to expire in the next six months, 37% involve defense clients

Appendix

  • Methodology
  • Further reading
  • Author