Information Technology Services
Industry Description
The US information technology (IT) services industry includes about 100,000 companies with combined annual revenue of about $290 billion. Major companies include Computer Sciences Corporation (CSC), Unisys, and the technology consulting arms of IBM and Hewlett-Packard. The computer facilities management segment of the industry is highly concentrated: the 50 largest companies generate about 80 percent of revenue. The rest of the industry is concentrated: the 50 largest companies account for about 50 percent of revenue.
SIC: 7376, 7373, 7371, 7379
NAICS: 541511, 541512, 541513, 541519
NAICS: 541511, 541512, 541513, 541519
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Top 5 Companies
| Company | Sales | Location |
|---|---|---|
| International Business Machines Corporation | 106,916.00M | Armonk, NY |
| LSD INFORMATION TECHNOLOGY (PTY) LTD | 100,356.87M | Johannesburg, Gauteng |
| HP Enterprise Group | 57,172.00M | Palo Alto, CA |
| IBM Global Services | 56,424.00M | Armonk, NY |
| Fujitsu Limited | 54,644.26M | Tokyo, Japan |
Trends
Global Standardization - The global adoption of e-commerce business practices has widened...
Industry Indicator
Total US consumer spending, a driver for the IT needs of consumers, rose 2.1 percent, primarily from nondurable goods expenditures, in March 2012 compared to the same month in 2011.
Quarterly Industry Update
Emerging Markets Drive Global IT Spending - Emerging markets will generate $1.2 trillion in IT spending in 2012, more than 30 percent of the global total, according to Gartner. Half of emerging...


