Strong Q2 Demand for IT and Business Services in Americas, Says ISG


Strong Q2 Demand for IT and Business Services in Americas, Says ISG

📅 - The latest quarterly report from Information Services Group (ISG), a global technology research and advisory firm focused on AI, reveals that the Americas region experienced a record-breaking second quarter in IT and business services demand. This surge is driven by enterprises' growing appetite for AI adoption, cloud investments, and strategic cost optimization efforts.

According to the ISG Index, which tracks commercial outsourcing contracts valued at $5 million or more, the combined annual contract value (ACV) for managed services and cloud-based as-a-service (XaaS) in Q2 2024 reached $15.5 billion. This marks a 26% year-over-year increase - the strongest quarterly growth rate the [...][... Check source for end of article ...]
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