Digital Services To Drive Revenue For IT Companies In Asia-pacific, Says Report

  • Spending on digital technologies within the overall ICT budget in 2020 in the APAC region is neither high nor too low
  • Demand for digitisation in APAC has come from manufacturing, telecommunications, retail and banking

NEW DELHI: The covid-19 induced lockdowns have led to a surge in demand for digital services and the pressing requirement for remote working tools. Demand is only likely grow going forward and this is expected to boost revenue for IT vendors in Asia-Pacific region in the medium-to-long term, said GlobalData, a UK based data and analytics company.

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Microsoft has reported a considerable increase in demand for Teams (video conferencing platform) and Windows Virtual Desktop (desktop and app virtualisation platform). IBM has also seen increase in demand for cloud services from companies in healthcare, education, telecom and retail.

“The covid-19 outbreak will definitely lead to increased uptake of digital adoption amongst enterprises over the next few years,” Sunil Kumar Verma, lead ICT analyst at GlobalData, said in a press statement.

Source: livemint

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