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 MoreGlobalData
Re-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…
Read More