Press Esc to close
Sunday 01 March 2015
News updated at 12:29 AM IST
Weather
Max: 31.7°C
Min : 16.9°C
In Bengaluru
clear sky

APAC 'IT spend seen touching $743 billion

Mumbai, Nov 14, 2012 pti:

 IT spending in Asia Pacific is forecast to reach $743 billion in 2013, up 7.9 per cent over 2012, IT research and advisory company, Gartner has said.

All five major segments of IT spending are expected to grow in 2013, be it the devices segment (including PCs, tablets, mobile phones & printers), Data centre systems, software spending, IT services spending and telecom services, it said.

“As global markets improve in 2013 and resume growth, Asia Pacific remains one of the bright spots of the global IT market, allowing organisations in this region to accelerate competitiveness,” Gartner Senior VP & Global Head (Research) Peter Sondergaard said.

“Organisations in Asia Pacific will be able to innovate and compete using what we call the nexus of forces, or the intersection of Cloud, Mobile, Social and Information,” he said.

Gartner also predicted that by 2014, IT hiring in major Western markets will come predominantly from Asian companies enjoying double-digit growth.

“An increasing number of successful Asian companies - particularly from China and India - are enjoying double-digit growth rates and will substantially grow their geographic footprints, making significant investments in major Western markets through 2015.


Go to Top

Photo Gallery
Union Budget 2015-2016 viewing session at ASSOCHAM in New Delhi on Saturday...

Union Budget 2015-2016 viewing session at ASSOCHAM in New Delhi on Saturday...

Narendra Modi and other BJP members during presentation of the Union Budget 2015-16...

Narendra Modi and other BJP members during presentation of the Union Budget 2015-16...

An Indian worker carries a sack of onions at a wholesale market in Hyderabad, India...

An Indian worker carries a sack of onions at a wholesale market in Hyderabad, India...

BJP MP Kirti Azad carrying his copy of the Union Budget 2015-16 at the Parliament House in New Delhi

BJP MP Kirti Azad carrying his copy of the Union Budget 2015-16 at the Parliament House in New Delhi

Farmers listening to the Union budget 2015-16 speech on radio at a village in South Dinajpur...

Farmers listening to the Union budget 2015-16 speech on radio at a village in South Dinajpur...

A display board shows the share prices at the Bombay Stock Exchange (BSE) building in Mumbai...

A display board shows the share prices at the Bombay Stock Exchange (BSE) building in Mumbai...

Arun Jaitley along with MoS Finance Jayant Sinha addressing the post budget press conference...

Arun Jaitley along with MoS Finance Jayant Sinha addressing the post budget press conference...

Arun Jaitley along with MOS Finance Jayant Sinha leave Parliament after presenting the annual budget

Arun Jaitley along with MOS Finance Jayant Sinha leave Parliament after presenting the annual budget

Rohit Sharma and Virat Kohli embrace after defeating the UAE at their Cricket World Cup match...

Rohit Sharma and Virat Kohli embrace after defeating the UAE at their Cricket World Cup match...

Supporters of India's Cricket World Cup team wave the national flag during their match...

Supporters of India's Cricket World Cup team wave the national flag during their match...

Copyright 2014, The Printers (Mysore) Private Ltd., 75, M.G Road, Post Box 5331, Bengaluru - 560001
Tel: +91 (80) 25880000 Fax No. +91 (80) 25880523