CEOs in particular need to guide their organizations through periods of economic slowdown A new International Data Corporation (IDC) survey of senior business executives from around the world found that 59 per cent believe there will be a recession in the coming year. Moreover, nearly 30 per cent of those…
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The market is expected to stay subdued in 2H22, as macroeconomic factors continue to erode Indonesia’s smartphone market had an underwhelming quarter in 2Q22 as it declined by 10 per cent Year on Year (YoY) despite a Quarter on Quarter (QoQ) growth of 6.9 per cent, amounting to 9.5 million…
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AI software captures the largest share of AI spending Worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services for both AI centric and AI non-centric applications*, totalled $US383.3 billion in 2021, an increase of 20.7 per cent over the prior year, according to the most recent…
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Technologies that enable data storage and data-based decisions will attract investment Artificial Intelligence (AI) and Cloud are the top technologies that healthcare providers in Asia/Pacific (including Japan) will be investing on in the next three years. The survey report focuses on healthcare providers, such as hospitals, clinics, and primary healthcare…
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The enterprise WLAN market has grown 18.4 per cent compared to the first half of 2021 The enterprise segment of the worldwide wireless local area network (WLAN) market continued its strong growth in the second quarter of 2022 (2Q22), increasing 20.4 per cent year over year to $US2.1 billion, according…
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Enterprises trying to protect IT budgets ICT spending to grow by over 3.8 per cent in 2022 and is expected to reach $US1.4 trillion by 2026 with a compounded annual growth (CAGR) of 5.2 per cent by the end of 2026. Consumer technology spending in Asia/Pacific is hit, with growth slowing in…
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Healthy BDA spending across various industries in A/NZ Australia and New Zealand (A/NZ) spending on BDA solutions captured a net spend of $US5.5 billion in 2022 and is expected to register a compounded annual growth rate of 13.3 per cent (2021-2026). The rising capacity for digitization emphasis better control on data,…
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Sustainable operations in APAC energy companies. In a recent IDC Report titled IDC PeerScape : Leveraging Digital Transformation for Sustainable Operations, IDC reveals three practices energy companies can use to accelerate their carbon reduction plans and address the challenges they face when undertaking Digital Transformation (DX). According to an IDC survey,…
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Industries are enhancing security feature investments Spending on security solutions and services in Asia/Pacific* is forecasted to exceed $US31 billion in 2022, an increase of 15.5 per cent from 2021, according to IDC’s latest Worldwide Security Spending Guide. Despite headwinds such as looming global recession, geopolitical conflicts, and rising inflation, investments…
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A new breed of digital-first CEOs has emerged Digital-first CEOs plan to drive at least half of their income from digital products, services, and experience by 2027, ahead of the market average of 39 per cent. Driven by their experiences from the COVID-19 pandemic, these business leaders have changed how…
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