The information technology outsourcing market is benefiting from the move by companies to cut operating expenses, reports Dataquest Inc., an IT research firm and a unit of Stamford, Conn.-based Gartner Inc.

North American IT outsourcing revenues will reach $101.6 billion in 2001, an 8 percent increase from $93.8 billion in 2000, Dataquest projects. By 2005, revenues are expected to reach $159.6 billion, for a five-year growth rate of 11.2 percent.

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