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iTWire - IDC sees Asia-Pacific IT spend reaching $1 2b this year

IDC sees Asia-Pacific IT spend reaching $1.2b this year Wednesday, 14 April 2021 06:35 IDC sees Asia-Pacific IT spend reaching $1.2b this year Shares Image by Photo Mix from Pixabay Spending on IT in the Asia-Pacific region, excluding Japan, is expected to grow by about 4.9% and reach US$924 million (A$1.2 billion) this year, and US$1 trillion by 2024, the technology analyst firm IDC says. Consumer demand had grown due to the lifting of lockdowns necessitated by the COVID-19 pandemic, it said, and as vaccine rollouts gathered pace, economic activity was expected to pick up. The IDC post said quicker adoption in businesses that were moving towards digitisation and improvements in offerings were lifting technology spending. Additionally, supply chains, affected by the pandemic, were gradually improving in the Asia-Pacific, leading to a rise in production and more supply to the global market.

APAC cloud spending up by over 38% in 2020

APAC cloud spending up by over 38% in 2020 Public cloud infrastructure services made up the lion’s share of cloud spending last year as APAC organisations strive to modernise their IT infrastructure amid the pandemic, study finds Share this item with your network: By Published: 11 Mar 2021 6:41 Organisations across the Asia-Pacific (APAC) region have been adjusting to the new normal and reinventing themselves to thrive in the post-pandemic world. Take Globe Telecom in the Philippines, for example. Earlier this year, it moved most of its technology infrastructure to Amazon Web Services (AWS) in a bid to adapt to business demands at a much faster pace.

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