TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Summits
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Digital Platforms & Services

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from IDC

Digital Platforms & Services

Cloud remains top technology investment priority for ASEAN organizations

Via IDC

Jul 16, 2020

**MALAYSIA **- Cloud services are set to remain resilient and maintain a robust growth in ASEAN, with a projected growth by 26% in 2020 for IaaS. As organisations in ASEAN are looking to rebound from the pandemic, there are changes that many businesses are looking to adapt to moving forward. Remote working and distributed workforce will be prominent owing to the prolonged effect of the pandemic, as well as organisations building business continuity and resiliency on cloud technologies. This sets precedence to sustained growth of cloud services in ASEAN for 2020.

IDC forecast a five-year Compound Annual Growth Rate (CAGR) of 19.8% for 2020-2024 in ASEAN for IaaS. In a recent survey conducted by IDC, organisations has indicated a strong sentiment towards increasing investments towards cloud services in 2020. Cloud alleviated woes for many organisations during the lockdown where IT had to scramble in short period of time to support remote working by providing the scalability and elasticity required. This included ensuring applications and data was accessible remotely and proper tools for communications, which included video conferencing were working in a secured environment.

"It is clear that organisations have benefited from cloud technology during this crisis. As ICT spending overall is seeing a decline, we are expecting to see more organisations shift budgets towards cloud based applications and technologies in the near future" said Duncan Tan, a Senior Research Manager at IDC Malaysia. As ASEAN countries emerge from their respective “lockdown” periods, organizations are re-looking their cloud strategy from the mid to long-term, and a refocusing on how IT budgets will be allocated will occur. The acceleration around the adoption of digital transformation initiatives in the region is expected to be heavily driven by cloud; automation, business resiliency, continuity, communication and collaboration tools, as well as data analytics will see an uptrend owing towards businesses having to respond in a quicker manner in the future.

IDC has authored a Cloud Implications of COVID19 ASEAN report that covers analysis and findings of cloud implications from the pandemic across enterprises in ASEAN and highlight changes towards the consumption of cloud services. It contains public cloud outlook across the region and focus area for short term and long term for ASEAN organisations towards cloud services.

Related Topics
  • Asia-Pacific,
  • Cloud,
  • Digital Platforms & Services,
  • Enterprise,
  • IDC,
  • Telco & CSP,
  • Tracker

More Like This

Digital Platforms & Services

Alkira pops its Cloud Services Exchange onto Azure

Apr 14, 2021

Edge

Globe Telecom signs MoU with Hewlett Packard Enterprise for multi-access edge computing solution trial using 5G

Apr 14, 2021

Cloud Native

Red Hat and NEC collaborate to drive Kubernetes-based 5G adoption

Apr 13, 2021

Digital Platforms & Services

Liberty Latin America selects MATRIXX Software to transform customer experience across the region

Apr 13, 2021

Digital Platforms & Services

China neuters Jack Ma’s Ant Group

Apr 13, 2021

This content extract was originally sourced from an external website (IDC) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

22:09

How BSS is evolving to support 5G

40:04

How can DSPs accelerate speed to market for new services?

24:04

Supporting the evolution of service provision at BT

41:32

Edge as a driver of new service revenues

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Summits
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
info@telecomtv.com
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices