The future remains shadowed by the looming recession Worldwide spending on telecommunications and pay TV services will be nearly $US1.6 trillion in 2022, representing a year-over-year increase of 1.9 per cent, according to the International Data Corporation Worldwide Semiannual Telecom Services Tracker. The latest forecast is a bit more optimistic…
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Southeast Asia is full of exciting promise as its digital economy continues to soar With Southeast Asia’s booming digital economy projected to surpass the $US300 billion mark by 2026, digital payments continue to present tremendous growth opportunities for businesses, according to a new IDC report commissioned by global payments platform 2C2P and global membership association for payments…
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Organizations embrace digital-first era As organizations in Southeast Asia embrace a digital-first mindset, cybersecurity remains a high priority investment area for majority of the businesses in the region. Findings from a recent IDC Asia/Pacific Security Sourcing Survey 2022 indicate cybersecurity as a critical investment area for organizations in Southeast Asia…
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The IT and communications industries themselves will be among the most transformed Enterprises around the world will be battered by waves of interconnected economic, political, and social disruptions over the next several years, fracturing business plans and challenging their ability to adapt and survive. Industry leaders will slice through these…
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The worldwide services market will likely continue on its current growth trajectory Worldwide IT and business services revenue is expected to grow (in constant currency) 5.7 per cent this year and 5.2 per cent in 2023, according to the International Data Corporation (IDC) Worldwide Semi-annual Services Tracker. In nominal dollar denominated…
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Mobile phone shipments declined for the third consecutive quarter Indian IT spending will grow by 13.8 per cent in 2022 down from 25.3 per cent in 2021. IT spending includes spending on hardware, software, and IT services excluding telecom spending, business services, and some emerging technologies, which are included in the…
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Changing from legacy systems to align with modern healthcare workflow Almost 75 per cent of healthcare providers in Asia/Pacific will increase spending on customer engagement apps to better cater to the shift of care delivery from in-person to care anywhere. This IDC report portrays the patient-centric care trends into three…
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Technology uptake will help Malaysian organizations remain competitive. International Data Corporation (IDC) commends the government of Malaysia for the inclusive Budget 2023, which was announced earlier today. Specifically, IDC views the government’s allocation for connectivity improvement and technology adoption among businesses as encouraging and signifies Malaysia’s commitment to becoming a digital-first…
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Cisco leads the router market India’s networking market which includes Ethernet Switch, Routers, and WLAN segments witnessed a 2.9 per cent year-over-year (YoY) growth in terms of vendor revenues during 2Q22 (Apr-Jun), according to International Data Corporation (IDC). Vendors continue to battle chip shortages which is extending the lead times. Though the…
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AI Solutions have become an essential part of process improvement Asia/Pacific spending on AI systems (including hardware, software, and services) will rise from $US20.6 billion in 2022 to around $US46.6 billion in 2026, according to IDC’s latest Worldwide Artificial Intelligence Spending Guide. Artificial intelligence (AI) solutions have become an essential part…
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