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Adoption of AI & cloud to continue at rapid pace
May 16, 2025
|The New Indian Express Kochi
With rapid digitalisation and increasing demand for artificial intelligence (AI) and cloud-based solutions, APAC's (Asia Pacific) software market will continue to see expansion this year and Forrester expects software spending to surge by 10.4% with cloud-native development taking centre stage as businesses migrate operations to the cloud.
The research & advisory firm estimates that spending on technology (software, services, communications equipment, tech outsourcing and hardware maintenance, and computer equipment) in Asia Pacific will grow by 6.5% in US dollar terms in 2025.
It says the highest tech spending growth in the Asia Pacific region in 2025 will be in India (11%), followed by Vietnam (10%), and Philippines (9.4%).
In India, the technology sector has entered 2025 on a wave of momentum, fuelled by strong enterprise investment, the government's push for digitalisation, and a surge in venture capital, it stated.
هذه القصة من طبعة May 16, 2025 من The New Indian Express Kochi.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
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المزيد من القصص من The New Indian Express Kochi
The New Indian Express Kochi
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Namibia done, Pakistan test awaits India
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2 mins
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AI insiders warn of existential risks and human cost
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2 mins
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3 mins
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WHAT began as a Supreme Court directive on stray dog management has now triggered sharp resentment across secondary schools, after the Deputy Director of Education, Secondary Department, Gandhinagar, issued a circular instructing teachers to conduct an immediate survey of stray dogs within their jurisdiction.
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Centre tells SC violence stopped in Ladakh after detention of Wangchuk under NSA
ALSO IN TOP COURT
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Missed catches: A worry for sides
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2 mins
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