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Cloud Dominates Asia Pacific Service Spend in Q1: ISG Index

Cloud Dominates Asia Pacific Service Spend in Q1: ISG Index
Saturday, May 1, 2021 1:40PM IST (8:10AM GMT)
IaaS and SaaS now at a record 85% of region’s IT and business services market

Sydney, Australia:

Spending on cloud-based services reached a record 85 percent of the Asia Pacific technology and business services market in the first quarter, as demand for IaaS and SaaS services rose by double digits even as demand for traditional managed services slumped, 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 $2.6 billion in combined-market ACV in the first quarter, up 11 percent over the prior year, but ....

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Cloud Dominates Asia Pacific Service Spend in Q1: ISG Index

Press release content from Business Wire. The AP news staff was not involved in its creation. ....

New Zealand , South Korea , Scott Bertsch , Asia Pacific , Amazon Web Services , Information Services Group Inc , Information Services Group , Zealand Zespri International , Matter Communications , Information Services Group Nasdaq , Kyobo Life Insurance , Kawasaki Engines , Zespri International , Microsoft Dynamics , Mitsubishi Motors , Will Thoretz , Business Wire , புதியது ஜீலாந்து , தெற்கு கொரியா , ஸ்காட் பெர்ட்ஸ் , ஆசியா பெஸிஃபிக் , அமேசான் வலை சேவைகள் , தகவல் சேவைகள் குழு இன்க் , தகவல் சேவைகள் குழு , விஷயம் தகவல்தொடர்புகள் , தகவல் சேவைகள் குழு நாஸ்டாக் ,