Worldwide IT spending to grow 9 per cent in 2021

Technology spending enters a new build budget phase. Worldwide IT spending is projected to total US$4.2 trillion in 2021, an increase of 8.6 per cent from 2020, according to the latest forecast by Gartner. “Technology spending is entering a new build budget phase,” said John-David Lovelock, distinguished research vice president at…

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Four types of technology buying by organisations

Tech buying behaviour trends. About seventy percent of global technology buyers are exploring more ways to purchase technology this year, however vendor engagement strategies continue to under-deliver when it comes to meeting tech buyer expectations, according to a survey by Gartner, Inc. “Technology providers often create go-to-market (GTM) strategies with limited insights…

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Scaling technology during COVID-19 helped with revenue growth

Companies who amplified their technology investments during pandemic lockdown were able to extend their growth advantage over others. Leading companies that amplified their technology investments during the COVID-19 pandemic have significantly extended their growth advantage over competitors, according to new research from Accenture. The newly released report, “Make the Leap, Take the Lead,” revealed…

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Asia’s digital technology hiring landscape in 2021

FIs remain vigilant towards remote working risks and take pre-emptive steps to mitigate them. During 2020 Asia’s traditional revenue streams were hampered, resulting in salary and recruitment slowdowns, and a new working normal was imposed. As businesses turned to the latest technological advancements in order to counterbalance the effects of…

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Budgets and tech innovation in Hong Kong

Hong Kong’s Secretary for Innovation and Technology Xue Yongheng on the new measures in the field of innovation and technology in Hong Kong budget 2021. Innovation and technology is an important driving force for future economic development. The current government has invested more than 100 billion yuan to support the…

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Singapore seeks digital innovations to bring a stronger economy

Heng Swee Keat Deputy Prime Minister, Coordinating Minister for Economic Policies and Minister for Finance of Singapore delivered the country’s budget for 2021 financial year. Budget 2021: Emerging Stronger Together sets out the Government’s plans to continue to tackle our immediate challenges, and build a stronger Singapore that is economically…

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