Press Esc to close
Tuesday 31 March 2015
News updated at 12:11 PM IST
Weather
Max: 33.8°C
Min : 21.3°C
In Bengaluru
Sunny day

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
People being rescued from their homes after flood water entered into their houses...

People being rescued from their homes after flood water entered into their houses...

Sunny Leone and Jay Bhanushali during the promotion of their forthcoming film 'Leela-Ek Paheli'...

Sunny Leone and Jay Bhanushali during the promotion of their forthcoming film 'Leela-Ek Paheli'...

President Pranab Mukherjee presents Padma Shri to Tarak Janubhai Mehta ...

President Pranab Mukherjee presents Padma Shri to Tarak Janubhai Mehta ...

President Pranab Mukherjee presents Padma Shri to Arunima Sinha during Padma Awards 2015 function...

President Pranab Mukherjee presents Padma Shri to Arunima Sinha during Padma Awards 2015 function...

Manohar Parrikar reviews an honor guard upon his arrival at Defense Ministry in Tokyo...

Manohar Parrikar reviews an honor guard upon his arrival at Defense Ministry in Tokyo...

Gray Heron bird seen at Madiwala Lake in Bengaluru...

Gray Heron bird seen at Madiwala Lake in Bengaluru...

Mumbai Indians' players Unmukt Chand and Parthiv Patel with the team's head coach Ricky Ponting...

Mumbai Indians' players Unmukt Chand and Parthiv Patel with the team's head coach Ricky Ponting...

Villagers try to pull the bodies of victims from the rubble after a hillside collapsed ...

Villagers try to pull the bodies of victims from the rubble after a hillside collapsed ...

Villagers watch the rescue operation at the site of a damaged house after a hillside collapsed...

Villagers watch the rescue operation at the site of a damaged house after a hillside collapsed...

A resident looks on as waters rise...

A resident looks on as waters rise...

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