DIGITAL OFFERINGS WILL ACCOUNT FOR SUBSTANTIAL GROWTH FOR IT VENDORS

Digital offerings will be vital for growth in leading IT vendors in the Asia-Pacific, says GlobalData.

With numerous businesses looking to put their services online, if not already, amidst the COVID-19 outbreak, the demand for digital offerings has been prominent. This allows IT vendors in Asia-Pacific with a substantial revenue growth opportunity in the medium to long-term, says GlobalData, a leading data and analytics company.

“The Covid-19 outbreak will definitely lead to increased uptake of digital adoption amongst enterprises over the next few years...IT providers that can leverage capabilities around technologies such as AI, blockchain, cloud, and big data, and rethink their future business models by evaluating digital transformation will have a competitive edge," said Sunil Kumar Verma, lead ICT analyst at GlobalData.

 

Infographic supplied by GlobalData

"The pandemic will only accelerate the demand for digital transformation, and IT vendors in APAC will do well to prepare for the impending explosion in opportunities around digital transformation”.