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Asia Pacific Spending on IT, Business Services Exceeds US $3B in a Quarter for First Time Both cloud-based and traditional managed services at record quarterly highs SYDNEY (BUSINESS WIRE) $III#AsaService Asia Pacific’s spending on IT and business services surpassed US $3 billion for the first time in a quarter, with record levels of spending in Q2 for both cloud-based and traditional managed services, according to the latest state-of-the-industry report from Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm. The Asia Pacific ISG Index™, which measures commercial outsourcing contracts with annual contract value (ACV) of US $5 million or more, shows the region generated US $3.4 billion in combined-market ACV in the second quarter, up 59 percent against a soft quarter last year at the outset of the pandemic, and up 35 percent from the first quarter.

New zealandScott bertschAsaservice asia pacificErik arvidsonAsia pacificSumitomo mitsui financial groupInformation services groupMatter communicationsInformation services group nasdaqAustralia new zealandSouth asiaAlibaba cloudOracle fusion cloudGeely smart carsபுதியது ஜீலாந்துஸ்காட் பெர்ட்ஸ்