To better understand key market trends and how they affect the IT outsourcing market, Everest conducted an ITO Request for Information (RFI) exercise in Q3 2007. The RFI studied outsourcing transactions which fall into infrastructure or applications development and maintenance outsourcing. This paper discusses key messages from the Outsourcing RFI 2007 and data-driven conclusions on the market trends in ITO in general and its key market segments.