According to a new APAC study by Boston Consulting Group (BCG), spending on the public cloud and related services are growing at a compound annual rate of 25%,  which is much faster than in the US and Western Europe.

COVID-19 Impact – Gartner Lowers Global IT Spending Projection for 2020

The study “Businesses in Asia-Pacific Can Find Resilience and Growth in the Cloud’, shows that companies in Australia, Indonesia, Vietnam, Malaysia, the Philippines, Singapore, Thailand, and India are dedicating an average of roughly 5% of their IT budgets to cloud expenditures.


IDC: Global Cloud IT Infrastructure Exceeded Spending on Non-cloud IT Infrastructure