This is expected to grow further to USD 5.62 billion in 2022, Gartner said in a statement. The continued trend of increased remote workers in 2021, will lead to an increase in spending on desktop-as-a-service (DaaS) and infrastructure-as-a-service (IaaS). These segments are forecast to grow 47.7 per cent (to USD 73 million) and 52.2 per cent (to USD 1.44 billion), respectively. Indian chief information officers (CIOs) saw the benefits of cloud during the first wave of the pandemic in 2020, Gartner research vice president Sid Nag said. To build business resilience and minimize the impact of continued disruptions, investing in cloud is unavoidable. India has experienced consistent double-digit growth in cloud spending over the last three years, the pandemic only expedited the shift, he added.
SAP: Digital banking poised to revolutionise financial services sector in Southeast Asia, Malaysia
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KUALA LUMPUR, 21 April 2021 – The announcement of Bank Negara Malaysia (BNM)’s impending issuance of digital banking licenses possibly leads to precursor of a disruptive wave of new and innovative digital financial services in the wake of the Covid-19 pandemic, said SAP Malaysia.
Its managing director Hong Kok Cheong
(pic above) noted that the time was ripe for banks, governments, and technology experts to come together and capitalise on these opportunities to increase financial inclusion and digitise the economies to benefit the customers and society in general.
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