ICT revenue in China to grow at 8.5 per cent

The country’s economy is largely concentrated around manufacturing The enterprise ICT revenue opportunity in China is expected to increase at a compound annual growth rate (CAGR) of 8.5 per cent between 2021 and 2026. The ongoing government initiatives prioritizing industrial digitalization and acceleration of digital transformation activities across large enterprises…

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Retail enterprises see increased ICT budgets

Focusing on improving customer communication Approximately 83 per cent of enterprises* in the retail sector have seen an increase in their enterprise ICT budget in 2022 compared to 2021, driven by the increasing adoption of digital technologies for streamlining supply chains and improving customers’ experiences, found GlobalData, a leading data…

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Over 50 per cent of India enterprises significantly raise ICT budget

Enterprise ICT spending outlook in India for 2022 can  be attributed to the growing focus on technology Driven by the ongoing digital initiatives by the Indian government and a surge in the use of digital technologies due to COVID-19, more than 50 per cent of enterprises in India have significantly…

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Why smart cities are the future momentum

Designers can create an AI solution for monitoring energy usage Taiwan ’s ICT industry development has shifted from focusing on hardware to hardware/software integration models. The industry is combining big data analysis and AI applications in public IoT to facilitate the development of smart city management. Tools such as IoT,…

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Indian enterprises continuing to invest in digital transformation

Indian domestic IT services market grows by 7.9% in 2021 In 2021, the Indian domestic IT & Business Services market was valued at USD 14.15 Billion and recorded a 7.2% year-over-year (YoY) growth as compared to 5.3% in 2020, according to the International Data Corporation’s (IDC) Worldwide Semi-annual Services Tracker. The…

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APAC leads the shift to digital-first

1 in 3 companies generating more than 30 per cent revenues from digital products and services by 2023. The unprecedented rate of digital transformation (DX) acceleration over the past year has ushered in a digital-first world, powered by an increasingly digital-first economy with Asia/Pacific organizations at its forefront. Such an…

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A/NZ ICT spending stable

Despite COVID-19 turbulence. In 2020, ICT spending in Australia and New Zealand (A/NZ) experienced stable growth despite the turbulence of the COVID-19 pandemic. Government stimulus initiatives measures and A/NZ businesses prior investment in digital transformation, played a key role in mitigating against the worst impact of the pandemic on business…

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ASEAN businesses pivot to work from anywhere

Managed services buying criteria evolves. The rapid deployments of new technologies to enable remote working in the wake of the COVID-19 pandemic is creating new challenges for enterprises across the Association of Southeast Asian Nations (ASEAN) and changing their buying criteria in managed services. In analyst firm GlobalData’s recently released…

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ICT workers in Singapore get further COVID-19 safety requirements

Ministry of Manpower, together with SNEF and NTUC, updates the workplace safe management measures and requirements. Employers and businesses will need to put in place the latest updates to the workplace safe management measures and requirements that employers and businesses will need to put in place. All employers and businesses,…

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Expansion beyond borders priority for APAC businesses

Streamlining the way the future of work opeartes with technology is key enabler to a modern workplace. Asia Pacific (APAC) business decision makers are calibrating their digital transformation strategies while balancing cost management initiatives and plans for growth in new markets. In a recently released report, The APAC Transformation Vision: Balancing…

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