Brexit may not cut IT outsourcing, but large deals will be fewer

Analysts feel all big IT service firms would see growth headwinds from their UK business

The total value of outsourcing contracts from Britain in information technology (IT) is likely to see a marginal rise, albeit on a lower base.

This is despite the uncertainty on that country’s pending exit (Brexit) from the European Union. However, the nature of these deals are already seeing a big change. Bigger contracts are being split into parts and outsourced into multiple vendors.

According to global IT research and advisory entity ISG, the British outsourcing market shrank 27 per cent to €2.5 billion ($2.9 bn) in 2018, weighed down by the Brexit decision.  

Analysts feel all big IT service firms