Applications to lead APAC’s US$100 billion market in 2027
IDC pinned the software market in Asia/Pacific excluding Japan and China (APeJC) at US$53.5 billion in 2022, a 12.1% year-over-year (YoY) growth. The analyst expects some softening in 2023 as the region grapples with global economic uncertainties, inflationary pressures, and supply chain disruptions. It is confident, however, that stability will be realised in the latter […]
PodChats for FutureCIO: Considerations for digital infrastructure
The digitalisation of operations and the increasing use of streaming and internet usage drive demand for data and boost the data centre market with positive long-term growth opportunities. According to CBRE, the strong demand (for data centre capacity) is yielding record-low vacancy rates and the worldwide shortage of available supply is leading to price increases […]
Exploring subscription models in the IT sector
There is an observed rising trend of the subscription model in 2023 and the subscription commerce market is growing exponentially, according to Shivbhadrasinh Gohil of Meetanshi. Companies such as Porsche, Spotify, and Amazon experience the advantages of the subscription model in eCommerce such as good client relationships, inventory control, and convenience. Information technology context In the Information technology […]