Benelux has a mature outsourcing market, but with the credit crunch putting increasing pressure on costs there are new opportunities for IT outsourcing, say Kristof De Vulder and Arend Lagemaat

With a bit of a delay, there is no doubt that businesses in Benelux are currently suffering dramatically from the economic crisis. As in the UK, the governments of Belgium, the Netherlands and Luxembourg have intervened to bail out certain banking institutions in order to raise liquidity on the markets, but the impact of the financial crisis has been felt far beyond the financial sector.