2022 financial applications market share

Xero leads the way as demand for cloud-based solutions surges According to the latest IDC Market Share report titled “Asia/Pacific (excluding Japan) Financial Applications Market Share, 2022,” Xero has emerged as the leader in the Asia/Pacific (APeJ) financial applications market for SMB and midmarket segments. The region witnessed a substantial…

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Global PC shipments decline 13.4 per cent in 2Q23

Weak demand, inventory challenges, and cautious spending impact PC industry Preliminary results from the International Data Corporation (IDC) Worldwide Quarterly Personal Computing Device Tracker reveal that global PC shipments declined by 13.4 per cent year over year during the second quarter of 2023 (2Q23). This marks the sixth consecutive quarter…

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Growing impact of generative AI on customer experience

Asia/Pacific organizations embrace generative AI to enhance CX A recent IDC report, “Applications of Generative AI in Customer Experience,” explores the transformative potential of generative AI (Gen AI) on customer experience (CX) and reveals that 70 per cent of C-suite executives in Asia/Pacific are actively exploring or investing in Gen…

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Public cloud services market generates $US545.8 billion

Microsoft, Amazon, Salesforce Inc., Google, and Oracle dominate market The public cloud services market experienced substantial growth in 2022, reaching a total revenue of $US545.8 billion, according to the International Data Corporation (IDC) Worldwide Semi-annual Public Cloud Services Tracker. Software as a Service – Applications (SaaS – Applications) accounted for…

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CIO50 Awards recognize top IT leaders in Australia

The event is hosted by CIO in partnership with IDC The prestigious CIO50 Symposium & Awards, renowned for celebrating excellence in technology and digital leadership, has announced the top 50 IT leaders in Australia for 2023, alongside the winners of its esteemed CIO50 Awards. The event, hosted by CIO in…

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European IoT spending to reach $US227 billion

IoT-related spending will be driven by modules and sensors According to the Worldwide Internet of Things (IoT) Spending Guide published by International Data Corporation (IDC), European organizations are projected to invest approximately $US227 billion in IoT technology in 2023. The report suggests that IoT-related spending in Europe will continue to…

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Economic and industry headwinds growing slower than expected

Private LTE/5G infrastructure revenues to reach $US5.2 billion worldwide In a recent forecast released by International Data Corporation (IDC), it was projected that global revenues for private LTE/5G infrastructure would surge to $US5.2 billion by 2027. This robust growth reflects a compound annual growth rate (CAGR) of 21 per cent…

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Worldwide wearables market forecasted to rebound

The rebound in wearable device shipments underscores the resilience of the market After experiencing its first-ever decline in 2022, the worldwide shipments of wearable devices are projected to bounce back in 2023, reaching a total of 504.1 million units, according to the latest data from the International Data Corporation (IDC)…

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Analytic data platforms for decision support

Modernizing decision support systems is key to achieving data-driven decision-making The IDC MarketScape: Asia/Pacific excluding Japan (APeJ) Analytic Data Platforms for Decision Support 2023 Vendor Assessment has identified AWS, Google, Microsoft, and Oracle as the “Leaders” in the software category for Analytic Data Platforms for Decision Support. They are closely…

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