Growth in IT spending expected in region during 2013.
The Asia Pacific region is expected to see an increase in IT spending of 7.9 percent, with IT research firm Gartner reportedly claiming that it could reach $743 billion (€574 billion) next year as more companies are motivated by innovation and competition from other organisations, reports CFO World.
It has also been estimated that “almost a million” IT jobs will be created in the Asia Pacific region by 2015 due to “demand for big data” as well as organisations looking to invest in “cloud, social collaboration, mobile and information”.
Five major IT segments are listed as being where Asia Pacific organisations are expected to spend, including, the devices segment, including PCs, printers, tablets and mobile phones which is predicted to see a growth of 12.3 percent in IT spending in 2013 to reach $229.7 billion (€177.5 billion). Spending on software, telecom services and big data systems is also expected to rise significantly in the region over the next year, and by 2014 it has been predicted that Western markets still affected by the recession will predominantly hire IT professionals from companies headquartered in Asia “which would be enjoying double-digit growth”.
Peter Sondergaard, Senior Vice President of Gartner commented: “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.
“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. New business models will emerge in this region.”
Commenting on the future of IT, Sondergaard added: “This is a time of accelerating change, where your current IT architecture will be rendered obsolete […] You must lead through this change, selectively destroy low impact systems, and aggressively change your IT cost structure. This is the next age of computing.”