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Our UK Application Operations Supplier Ranking report for 2022 is now available by clicking here. It features the UK Top 20 UK Application Operations suppliers ranking, by revenue.
The Application Operations (AO) market recovered quickly from the decline in 2020 to post 5.9% yoy growth and lift UK sales above £6.5bn last year. The rotation to the New remained the primary growth engine in the AO segment in 2021 with digital centric services revenues surging by over 20% yoy to account for nearly two fifths of total demand. This was driven largely by a marked increase in expenditure on both applications modernisation and migration services, coupled with the more widespread deployment of digital applications,
The Top 20 UK AO suppliers as a group significantly outperformed the smaller rivals in 2021 with the combined revenues of this Tier 1 cohort rising more than 50% faster than the sales in the market segment as a whole. The fortunes of the major players, however, varied significantly and there were both big winners and significant losers in the battle for market share in this arena last year. The report both details the variations in performance across the Top 20 AO suppliers and highlights the factors impacting the market during 2022 and beyond.
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Posted by Duncan Aitchison at '08:08' - Tagged: rankings applications suppliers newresearch operations