Throughout 2007, the information technology and telecommunication market in EU-countries is expected to demonstrate 2,9 % increase (668 billion Euro value) as compared to the previous year. This data is verified by BITKOM (German Association Latest Mailing Database for Information Technology, Telecommunications and New Media e.V.) and recent research by European Information Technology Observatory (EITO). Dr. Bernhard Rohleder, CEO for BITKOM forecasts Latest Mailing Database positive market dynamics for 2008 at the same growth margins. The guiding industry segments encompass Software (6,5% per cent Latest Mailing Database growth) and IT Services (5,5% growth). When supply meets demand Latest Mailing Database: the case of IT outsourcing Nearly two thirds of the interviewed firms declared their intent to employ extra personnel in Latest Mailing Database 2007. In this sense, the shortage of the highly qualified IT resources is being considered as a substantial Latest Mailing Database challenge to the long-continued development of the information technology industry. As far back as in 2004, Gartner consultants estimated that before 2010 Latest Mailing Database up to 25% of the traditional. IT jobs in the Europe will be outsourced to more cost-effective locations. However, taking into consideration the current outsourcing Latest Mailing Database growth rates, the quantitative dimension of this trend will be even more impressive. According to BITKOM research, 43 per cent of German IT-firms experience problems with staffing. During the coming years this trend will become even more visible due to demographic decline, shortage of highly qualified personnel and yet good Latest Mailing Database IT market opportunities. Approximately 20,000 job positions in German IT sector are currently unoccupied. Most popular job offerings include well-trained software developers, IT project managers and IT consultants. At the same time, the growing Latest Mailing Database demand in the IT personnel market brings about corresponding proposition from the foreign outsourcing vendors and consequently toughens the competition among the IT providers from abroad.