Software and services market stagnates at 704m euros

The unfreezing of public sector projects will lead to an 8 percent growth of the local software and IT services market, says Eugen Schwab-Chesaru, managing director for Central and Eastern Europe of market research and consulting company Pierre Audoin Consultants (PAC).

“For 2010 we expect growth for system integration and outsourcing, with great emphasis on infrastructure (for instance outsourcing a company’s IT department i.e.),” Schwab says.
This year the software and services market reached 704 million euros, the same as in 2009, according to PAC estimates. “Declines were recorded on the Project Services segment, i.e. on integration, software development on demand, training, and the public sector was a big disappointment, as were retail, services and insurance sectors,” says the head of PAC. He added that he could not estimate by how much these segments have fallen, arguing that figures have yet to be consolidated.
The outsourcing market reached around 35 million euros, excluding agreements with telecom networks.