Huge uptake in observability, low-code, cybersecurity, and edge computing is expected for this year. In 2021, finding innovative ways to accelerate time to value from cloud investments will be more critical than ever, state GlobalData. Â Enterprises need to pick and choose those key cloud services most relevant to supporting app…
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5G to drive China mobile communication services revenueÂ
Mobile messaging revenue will witness significant downside. The total mobile services revenue in China is set to increase from US$119.1bn in 2020 to US$142.8bn in 2025, at a compounded annual growth rate (CAGR) of 3.7 per cent. This growth will be supported by 5G infrastructure, increase in mobile data consumption…
Read MoreMaxis makes key executive appointments, after CTIO resignation
New technology executive hires for communications service provider in Malaysia. Malaysian communications company Maxis has announced its Chief Technology and Information Officer (CTIO), Morten Bangsgaard resigned from his position and will be leaving Maxis at the end of the year, to pursue a new opportunity elsewhere. Morten has held the…
Read MoreCompanies set to reap tangible AI benefits
Practical uses of AI will be front and centre to businesses. Global artificial intelligence (AI) platform revenue will reach US$52bn by 2024, up from US$28bn in 2019 as spending on AI will rise as businesses seek to accelerate digital transformation and development, notes GlobalData, a data and analytics company. GlobalData’s…
Read MoreCOVID-19’s impact on ICT budgets in APAC
Traditional technology spend is down, but digital transformation and remote working drive Cloud and collaboration tools. The global pandemic is still impacting ICT budgets in Asia Pacific region. According to analyst firm GlobalData Asia Pacific countries are seeing a decline of seven per cent to five per cent in ICT…
Read MoreCOVID-19 to affect enterprise ICT spending in New Zealand
Buying decisions re-looked at due to an increased focus on profitability amidst the uncertainty. ICT spending in New Zealand is estimated to register a 6.3 per cent year-on-year decline to reach US$9.5bn in 2020, against the initial estimated growth of 9.6 per cent before the COVID-19 outbreak, according to GlobalData.…
Read MoreRe-calibrating IT priorities post COVID-19
Once in a life time pandemic has changed present and future ways of doing business with technology. Australian-owned telecommunications company Telstra said recent research showed business leaders across APAC, Europe and US to lead a once in a generation technology shift towards collaboration through remote applications like, video conferencing. In…
Read MoreFixed services to grow in Vietnam
Growth in fixed service market revenue over next five years, says The total fixed services revenue in Vietnam is expected to grow at a compound annual growth rate (CAGR) of 0.9 per cent from US$1.5bn in 2019 to US$1.6bn in 2024. According to data and analytics company GlobalData, the growth…
Read MoreCloud services demand will remain heightened after COVID-19
Entered a new era of cloud modernisation COVID-19 has unexpectedly launched a new era of cloud modernization, found GlobalData, a data and analytics company. Gregg Willsky principal analyst at GlobalData said for many enterprises, COVID-19 has simplified the decision to adopt a cloud-based solution. “COVID-19 has suddenly made it evident…
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