NZ consulting, integration market to reach NZ$1.3 billion

Peter Dinham
Sunday, 21 June 2009 14:44

Business IT - Technology

Virtualisation and cloud computing are set to drive major market growth in New Zealand for consulting and integration services with the market forecast to reach NZ$1.3 billion over the next five years.

The predicted growth in virtualisation and cloud computing is expected, in turn, to also drive growth in service-oriented-architecture (SOA), with IDC saying that the SOA will primarily lay the foundation to make it easier to integrate cloud-based solutions.

Cost reduction is the name of the game in 2009, according to IDC, who say that as a result of companies trimming their budgets, projects are being postponed, changed in scope and broken down into smaller, measurable pieces that have a faster ROI.

In its latest report - New Zealand Consulting and Integration 2009 – 2013 Forecast & Analysis – IDC says the overall C&I market is forecast to reach NZ$1,257.44 million in 2013, representing a compound annual growth rate of 3.1% over the coming five years, with this market projected to account for 38.8% of the entire IT services market in New Zealand.

According to IDC’s Rasika Versleijen-Pradhan, senior market analyst for the New Zealand IT services market “coordinated approaches of these technologies can give IT the opportunity to respond more quickly and lower costs to make the business cases for new projects more attractive as well.”

“Ultimately, as clients become heavily reliant on technology in order to meet business objectives, the more uptake there will be for consulting and integration services. The key for service vendors will be a high level of expertise and knowledge of a customer's internal business processes and goals, and the ability to blend these sets together and deliver cost efficiencies, whilst ensuring the IT investment meets expectations.”
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