IT spending in Asean, South Korea, Australia and New Zealand is expected to drop by 1-3% in 2023 despite immense economic challenges as enterprises shift to digital business to grow their revenue, according to International Data Corporation (IDC), a global tech market research firm.
“In the new digital era, we see a shift from digital transformation to digital business driven by Covid-19,” said Sandra Ng, group vice-president and general manager of IDC Asia-Pacific.
Digital business can scale in real time and deliver new value that can make an impact on various perspectives, such as sustainability as well as environmental, social and governance (ESG) areas, she said.
Ms Ng was speaking at a hybrid panel discussion about tech trends for Asean, Australia, New Zealand and South…
