The revenue corporations reserve for outsourcing initiatives in 2006 will not equal 2005’s value of $75 billion, regardless of the fact that more deals have been inked in the first half of the year, The Wall Street Journal reports.The news comes from the Woodlands, Texas-based Technology Partners International (TPI) consultancy, which keeps tabs on outsourcing deals, according to the Journal.TPI found that there were 92 outsourcing pacts made in the first half of 2006, compared with 58 during 2005’s first half, the Journal reports.Peter Allen, managing director of global practices with TPI, told the Journal that many companies seeking outsourcing services are signing contracts for five to seven years of service, instead of higher-value, decade-long deals. IBM, Accenture, EDS, Computer Sciences Corp. and Hewlett-Packard—five of the six biggest outsourcing companies—all signed outsourcing deals worth upward of $1 billion each during the first half of 2006, according to the Journal.Check out our CIO News Alerts and Tech Informer pages for more updated news coverage. Related content opinion Website spoofing: risks, threats, and mitigation strategies for CIOs In this article, we take a look at how CIOs can tackle website spoofing attacks and the best ways to prevent them. By Yash Mehta Dec 01, 2023 5 mins CIO Cyberattacks Security brandpost Sponsored by Catchpoint Systems Inc. Gain full visibility across the Internet Stack with IPM (Internet Performance Monitoring) Today’s IT systems have more points of failure than ever before. Internet Performance Monitoring provides visibility over external networks and services to mitigate outages. By Neal Weinberg Dec 01, 2023 3 mins IT Operations brandpost Sponsored by Zscaler How customers can save money during periods of economic uncertainty Now is the time to overcome the challenges of perimeter-based architectures and reduce costs with zero trust. By Zscaler Dec 01, 2023 4 mins Security feature LexisNexis rises to the generative AI challenge With generative AI, the legal information services giant faces its most formidable disruptor yet. That’s why CTO Jeff Reihl is embracing and enhancing the technology swiftly to keep in front of the competition. By Paula Rooney Dec 01, 2023 6 mins Generative AI Digital Transformation Cloud Computing Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe