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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57 per cent of A/NZ SMBs are out of survival mode

These organisations have shifted into either growing and transforming their business. IDC surveyed 1011 small and medium businesses across Australia and New Zealand (A/NZ) to understand their priorities, challenges, and planned technology investments in 2022. The survey found that 57 per cent of A/NZ SMBs have moved through the pandemic-related…

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Big data and analytics spending to grow by 19 per cent

Building operational resilience stems. According to the latest release of IDC’s Worldwide Big Data and Analytics (BDA) Spending Guide, Asia/Pacific spending on BDA solutions will grow by 19 per cent in 2022 and will rise 1.6 times to $US53.3 billion by 2025. Enterprises’ evolving need to gain operational efficiency and operational resilience…

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Asia/Pacific CEOs are now engaged in cybersecurity interactions

There are many infrastructural issues across people and processes. 69 per cent of CEOs are now engaged in cybersecurity interactions either weekly (37.2) or bi-weekly (31.5 per cent), supporting the ongoing importance of cybersecurity to the business. However, complexity, legacy, and ill-defined roles and responsibilities still hamper more effective approaches…

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Artificial intelligence spending to reach $US32 billion in 2025

The banking industry will continue to invest the most in AI solutions.. According to IDC’s latest Worldwide Artificial Intelligence Spending Guide, Asia/Pacific* spending on AI systems will rise from $US17.6 billion in 2022 to around $US32 billion in 2025. Businesses invest in artificial intelligence (AI) to gain a competitive advantage through…

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