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Regional public cloud services spending to hit $124B by 2025


Regional public cloud services spending to hit $124B by 2025
Regional public cloud services spending to hit $124B by 2025
Cloud infrastructure-as-a-service predicted to grow by 37.2 per cent this year.
Credit: Supplied
Enterprises in Asia Pacific, excluding Japan, (APEJ) are anticipated to continue latching onto public cloud services over the next four years, with the market expected to reach US$124 billion by 2025. 
According to analyst firm IDC, this is due to the COVID-19 pandemic causing most enterprises in the region to prioritise digital infrastructure resiliency, with public cloud services viewed as a means to achieve this. 
Focus is now shifting to post-pandemic growth to support new business operational requirements, rapid scalability, reduced risk, and enhanced customer experience,” said Mario Allen Clement, senior market analyst at IDC’s APEJ IT Spending Group.   ....

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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
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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. ....

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