Data goes offshore
As more domestic data processing and hosting companies outsource their operations abroad and foreign firms penetrate the US industry, competition will increase. However, outsourcing to low-cost nations should help operators increase their profitability. Furthermore, the return of corporate profit will likely benefit the industry as clients of data processing firms will be more inclined to spend money on new application services. Still, revenue is set to decline as more operators move overseas.
This industry includes companies that provide specialized hosting or data processing activities. Hosting services can include web and application hosting. Data processing services provide specialized reports from information supplied by the clients. Services range from automated data entry to processing of that data.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.