The ISG EMEA Outsourcing Index for Q4 2013 reveals double-digit growth in deal activity, although contract values are down, reflecting a wider market trend. While overall deal activity increased slightly over the year, there was a significant decline in average contract size, particularly in the financial services and manufacturing sectors. The report highlights a strong year for IT outsourcing (ITO), with a notable rise in contract counts, but a sharp drop in business process outsourcing (BPO) activity due to the absence of large deals.