In Brief: IT demand in Asia seen remaining strong

May 05, 2006

Spending on information technology in the Asia-Pacific region is likely to remain strong over the next 10 years, according to a research group.

Framingham, Mass.-based IDC surveyed 14 countries in the region and said that while India and China are expected to lead the way, other nations will experience greater need for IT in coming years.

"Leading markets such as the People's Republic of China and India will continue to dominate growth prospects as initial IT penetration and infrastructure development continue amid a slow maturing of technology requirements among organizations. Beyond these booming economies, other Association of Southeast Asian Nations geographies are also experiencing strong growth, as demand for services and software solutions continues," said Gary Koch, associate vice president of verticals research at IDC Asia/Pacific.

Copyright 2006 by United Press International

Explore further: Big costs drag AT&T to 4Q loss, but revenue up 4 percent

add to favorites email to friend print save as pdf

Related Stories

Email scam nets $214 mn in 14 months: FBI

49 minutes ago

An email scam which targets businesses with bogus invoices has netted more than $214 million from victims in 45 countries in just over one year, an FBI task force said Thursday.

Migratory birds' fuelling station empty

Jan 12, 2015

Millions of Australia's migratory shorebirds are being pushed closer to extinction as the quality of their primary feeding grounds, or 'refuelling areas', in East Asia continue to decline.

Space exploration promises to be spectacular in 2015

Jan 06, 2015

There is no doubt that 2014 was a fantastic year for planetary sciences – the high points were the successful landing of Philae on comet 67P, the discovery of methane by the Curiosity rover on Mars and ...

Recommended for you

Nintendo's nine-month profit jumps on cheap yen

10 hours ago

Nintendo reported a nearly six-fold increase in profit for the first three quarters of the fiscal year Wednesday and raised its earnings forecast as a cheap yen masked weak sales.

SK Hynix Q4 profit doubles to record level

10 hours ago

South Korean chipmaker SK Hynix said Wednesday its profits more than doubled in the fourth quarter to a record high, thanks to the soaring popularity of new mobile devices such as Apple's iPhones.

After setting iPhone record, what does Apple do next?

10 hours ago

Apple CEO Tim Cook says consumer demand for new iPhones has been "staggering" and "hard to comprehend." That helped the company report record-smashing earnings for its latest quarter and sent the stock climbing ...

User comments : 0

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.