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Public sector IT is big business in the UK, with £3bn worth of contracts awarded in 2018 alone. With IT services firms so important to the UK public sector, here at Tussell we've taken an in-depth look at the state of IT procurement in 2018, looking at the top suppliers, buyers and expiring contracts in 2019.
- The UK public sector awarded £3bn across 3,227 IT contracts in 2018
- The top 10 IT suppliers won more just under 40% of the total value of IT contracts in 2018 - just under £1.2bn - showing the sector is somewhat dominated by its biggest companies
- £3.4bn worth of IT contracts are set to expire in the next two years - IT suppliers should already be looking at engaging with these buyers in order to win renewals
£1.2bn worth of IT contracts are expiring in 2019. Firms looking for opportunities in IT contract renewals should be focusing their energies on engaging Central Government buyers, who have nearly £1bn in IT contracts expiring this year. Download the full report for the breakdown.