The Express 24
Advertisement
Friday, March 17, 2023
  • HOME
  • BUSINESS
  • TECHNOLOGY
  • TRAVEL
  • FASHION & LIFESTYLE
  • HEALTH
No Result
View All Result
  • HOME
  • BUSINESS
  • TECHNOLOGY
  • TRAVEL
  • FASHION & LIFESTYLE
  • HEALTH
Friday, March 17, 2023
The Express 24
No Result
View All Result
Home TECHNOLOGY

IT spending by SMEs to run ASEAN

July 6, 2022
in TECHNOLOGY
A A
0
IT spending by SMEs  to run ASEAN
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

TE24 Sci &Tech Desk:

According to market research firm IDC, Thailand is expected to lead ASEAN in IT spending by 2025 through the promotion of digitalisation. According to IDC, SMEs in the country with up to 99 employees are expected to spend $ 1.34 billion on IT costs. By 2025.

“The desire for digitization of Thai SMEs is strongly driven by the“ Digital First ”consumer mentality and the need to prevent other potential barriers to future new business,” says IDCA Shawn. The managing director of the company Sudeb Banga Bank has given this information. Location. According to IT spending of IDC, Thai SME will increase from $ 1.03 billion in 2021 to $ 1.34 billion in 2021 with a compounded annual growth rate (CAGR) of 5.7%. In contrast, ASEAN CAGR is 2025. 7.4%. According to IDC,

Indonesia is expected to be second in total SME IT spending from $ 746.7 million in 2021 to $ 1.29 billion in 2025. The Philippines is expected to be in third place by spending $ 1.1 billion in 2025, up from $ 758.7 million in 2021.

IDC sees many small and medium-sized enterprises (SMEs) in Thailand shifting to cloud-based services and applications. It meets the needs of its customers, Banga said.

He said Thai SMEs are moving digitally because some sectors such as retail experience are a rapid transition and supply chain partners are “moving away from traditional thinking and accelerating digitization.” Asked to be part. “Thailand’s cloud mentality has also improved over the past decade, with some countries leading the way, which helps them to stay ahead of other ASEAN countries,” he added.
Bengal.

According to him, the growth of small business depends on the structure of the type of business or sector it provides. In Indonesia, he said, most SMEs are very traditional and consist of small organizations that provide a small part of the larger supply chain or ecosystem.

“The size of the islands also makes it difficult for digitalisation to move forward quickly and consistently, as the mentality surrounding digitalisation is heavy only in some big cities like Jakarta,” Mr Bangah said.

Citing the IDC Future Enterprise Resilience Survey 2022, Dharmaraj Sivalingam, Senior Research Manager, IDC ASEAN, said that the Asia-Pacific government’s policies that promote technological advancement are digital priorities for businesses, with 47.9% of enterprise respondents saying so.

This was followed by regulations for responsible use of artificial intelligence at 44.4% and use of technology at 42.2% to create smart cities.

Mr Shivalingam said ASEAN organizations need to focus on building digital resilience and innovation to be able to respond to any kind of barrier.
“A clear national digital roadmap, digital infrastructure investment, enhanced technology skills in the local workforce and improved data governance and privacy policies will be key to building the foundation of a digital-first economy,” he said.

Previous Post

As Shah Rukh Khan, Juhi Chawla recreated the Salman-Aishwarya song

Next Post

What is the Metaverse? How does it work?

More Related News

WhatsApp Bans Over 36 Hundreds of Thousands of Malicious Accounts in December 2022

WhatsApp Bans Over 36 Hundreds of Thousands of Malicious Accounts in December 2022

February 1, 2023
0
Hackers Caused A Massive Traffic Jam In Moscow Using A Ride-Hailing App

Hackers Caused A Massive Traffic Jam In Moscow Using A Ride-Hailing App

September 4, 2022
0
NASA is prepared for the second try of Artemis Lunar launch

NASA is prepared for the second try of Artemis Lunar launch

September 3, 2022
0
Coin Master: August 31, 2022 Free Spins And Coins Link

Coin Master: August 31, 2022 Free Spins And Coins Link

August 31, 2022
0
Garena Free Fire Max Redeem Codes For August 31, 2022: Win The Lawless Bandit Bundle

Garena Free Fire Max Redeem Codes For August 31, 2022: Win The Lawless Bandit Bundle

August 31, 2022
0
Elon Musk Subpoenas Twitter Whistleblower Ahead Of Trial

Elon Musk Subpoenas Twitter Whistleblower Ahead Of Trial

August 30, 2022
0
Next Post
What is the Metaverse? How does it work?

What is the Metaverse? How does it work?

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

Shooting for Jaya Ahsan’s Indian film resumes

Shooting for Jaya Ahsan’s Indian film resumes

February 1, 2023
FBI raids Delaware President Biden’s home for classified documents

FBI raids Delaware President Biden’s home for classified documents

February 1, 2023
WhatsApp Bans Over 36 Hundreds of Thousands of Malicious Accounts in December 2022

WhatsApp Bans Over 36 Hundreds of Thousands of Malicious Accounts in December 2022

February 1, 2023
PM calls on President at JS office

PM calls on President at JS office

February 1, 2023
Men’s skin care: Ultimate Beauty Essentials

Men’s skin care: Ultimate Beauty Essentials

January 13, 2023
China stops daily coverage of Covid-19

China stops daily coverage of Covid-19

January 13, 2023
Today’s Horoscop-Astrological Predictions for January 13

Today’s Horoscop-Astrological Predictions for January 13

January 13, 2023
Fifteen dead in attack on Shiite shrine in Iran

Fifteen dead in attack on Shiite shrine in Iran

October 27, 2022
Today’s Horoscop-Astrological Predictions for October 26

Today’s Horoscop-Astrological Predictions for October 27

October 27, 2022
St Louis school gunman’s note describes ‘perfect storm’ for mass shooting

St Louis school gunman’s note describes ‘perfect storm’ for mass shooting

October 26, 2022
Facebook Twitter Google+ Youtube RSS
The Express 24

Browse by Category

  • BUSINESS (73)
  • FASHION & LIFESTYLE (52)
  • HEALTH (42)
  • NEWS (1,399)
  • TECHNOLOGY (70)

© 2023 Theexpress24 - International News & Magazine Site By Talukder IT.

No Result
View All Result
  • HOME
  • NEWS
  • BUSINESS
  • FASHION & LIFESTYLE
  • HEALTH
  • TECHNOLOGY

© 2023 Theexpress24 - International News & Magazine Site By Talukder IT.