Software spending to maintain double-digit growth in 2022. Singapore has one of the highest proportion of women in the tech workforce in Southeast Asia. Women currently make up 41 per cent of the tech workforce in Singapore, surpassing the global average of 28 per cent. The Singapore government recognises the…
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Global government IT spending to grow 6.5 per cent in 2022
Software spending to maintain double-digit growth in 2022. Worldwide government IT spending is forecast to total $US557.3 billion in 2022, an increase of 6.5 per cent from 2021, according to the latest forecast by Gartner, Inc. “Governments will continue to accelerate investments in digital technologies to respond and recover from…
Read MoreWorldwide security and risk management spending to exceed $US150B
Security and risk management spending grew 6.4 per cent in 2020. The strong growth rate reflects continuing demand for remote worker technologies and cloud security, according to analyst firm Gartner. “Organisations continue to grapple with the security and regulatory demands of public cloud and software as a service,” said Lawrence…
Read MoreFour trends shaping the future of public cloud global end-user spending
Public cloud services expected to exceed $US480B in 2022. Four new trends in cloud computing are continuing to expand the breadth of cloud offerings and capabilities, accelerating growth across all segments in the public cloud services market, according to Gartner, Inc. The four trends are: cloud ubiquity, regional cloud ecosystems,…
Read MoreRise in workers’ use of collaboration tools since 2019
Digital workplace technologies will be essential for enabling innovation in a hybrid workforce. Nearly 80 per cent of workers are using collaboration tools for work in 2021, up from just over half of workers in 2019, according to the Gartner, Inc. Digital Worker Experience Survey. This is an increase of…
Read MoreKey emerging technologies spurring innovation
NFT, quantum ML, generative AI, homomorphic encryption and composable applications and networks among key tech Engineering trust, accelerating growth, and sculpting change are the three overarching trends on the Gartner, Inc. Hype cycle for emerging technologies, 2021 that will drive organizations to explore emerging technologies such as nonfungible tokens (NFT), sovereign…
Read MoreIndia Government IT Spending to Grow 8.6 per cent in 2022
Highest growth to be recorded in software in 2022. India government IT spending is projected to total $8.3 billion in 2022, an increase of 8.6 per cent from 2021 according to a latest forecast by Gartner “Digitalisation initiatives of Indian government organizations took a giant leap in 2020 because of…
Read MoreFive actions to become a purpose-driven supply chain
The value of purpose-driven supply chains. As enterprises move from operating profit-centric to purpose-driven, chief supply chain officers (CSCOs) must focus on five actions to create a purpose-driven supply chain, according to Gartner, Inc. “Purpose-driven enterprises deliver benefits for stakeholders while also generating long-term profits,” said Sarah Watt, senior director analyst with…
Read MoreESG regulatory requirements grow as source of risk, opportunity
Emerging risks monitor report reveals ESG disclosures increasingly top of mind for executives in Q2 2021. Regulatory risk related to environmental, social and governance (ESG) disclosures has rapidly risen to the second overall position in Gartner, Inc.’s latest Emerging Risks Monitor Report. ESG regulatory requirements present organizations with both notable risks…
Read More5G network infrastructure revenue to grow 39 per cent in 2021
CSPs will commercialise 5G service covering tier-1 cities. Worldwide 5G network infrastructure revenue is on pace to grow 39 per cent to total US$19.1 billion in 2021, up from US$13.7 billion in 2020, according to the latest forecast by Gartner. This rapid shift in customer behavior is driving growth in…
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