So just how important was IT outsourcing to Australian business? According to analyst group, Gartner, AU$22 billion was spent on IT outsourcing and services this year, including infrastructure, product support and professional services.
As a destination for outsourcing from overseas businesses, Gartner holds high hopes for the Australian outsourcing market next year, recently ranking Australia as the number one destination for offshore work.
The end of the monolith
But 2007 will be remembered for marking the end of mega-outsourcing deals, as some of the largest contracts in Australia came to an end, and the beginning of multi- or selective-sourcing strategies.