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ITO (IT outsourcing)
According to IDC, Ernst & Young, European Information Technology Observatory, and other world leading analysts, the volume of the Russian offshore software development market varies up to $300 million for 2002, which shows the annual market growth of 30-50%.
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Glossary | ITO (IT outsourcing)         
Glossary

ITO (IT outsourcing)
The contractual vehicle through which enterprises use external sources to provide life cycle service and support operations for their IT infrastructure. Outsourcing can be partial (i.e., modular or selective) or total, and can involve not only operations but also the acquisition of customer assets and personnel. IT outsourcing is divided into five primary market segments: data center operations, network operations, client/server operations, application management and desktop management.

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