Asia Pacific IT, Business Services Market Down Sharply in Q2, ISG Index™ Finds

Asia Pacific’s IT and business services market was down sharply in the second quarter, buffeted by slowing demand in several key geographies, the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, finds.

The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows second-quarter ACV at US $3.0 billion for the combine…


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