REPORT: IBM Technology Services Ranked Number One in Services Market Share

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Jul 19, 2011, 08:00 ET

ARMONK, N.Y., July 19, 2011 /PRNewswire/ -- IBM (NYSE: IBM) today announced that IT analyst firm International Data Corporation (IDC) has ranked IBM Technology Services number one in market share as measured by revenue in its new report, "Worldwide Services 2010 Vendor Analysis: Revenue Performance of the Top 10."

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According to the IDC report, IBM's 2010 worldwide services revenue was nearly 60 percent more than the next closest competitor. According to the report, IBM Technology Services was the market share leader in all three services categories (project-oriented, outsourcing, support/training), generating the most revenue in project-oriented services and over 35 percent more revenue in outsourcing than the next ranked provider. In addition, in 2010, IBM delivered over 50 percent more service revenue in the Americas compared with the next largest provider.

"Clients today are looking to services providers to leverage technology to stimulate growth and compete in a global market," said Scott Hopkins, General Manager, IBM Global Technology Services. "IBM's success is driven by our ability to uniquely combine industry expertise with technology know-how, a world-class software portfolio and cutting edge research capabilities. This is what clients need today from their services provider and is key reason we are succeeding in the marketplace."

For more information on IDC, please visit: www.idc.com.

For more information about IBM Global Services, please visit: www.ibm.com/services.

Source: IDC, Worldwide Services 2010 Vendor Analysis: Revenue Performance of the Top 10, Doc #228990, June 2011.

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SOURCE IBM