Gartner Inc's recent Magic Quadrant for North American Offshore Applications Services, 2007 report, According to Gartner, Magic Quadrant leaders "are performing well, have a clear vision of market direction and are actively building competencies to sustain their leadership positions."

The Magic Quadrant positions companies being considered for globally delivered application service initiatives, and it presents the current provider landscape. Application outsourcing providers are evaluated on two primary criteria: ability to execute and completeness of vision. To be evaluated, providers had to generate at least $100 million in application-related IT service revenue ($40 million for companies that deliver in an offshore/nearshore model).

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Prashanth Rai