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Wednesday, May 8, 2024

Spending by SMEs on IT to lead Asean

Many Thai small and medium-sized enterprises are moving towards cloud-based services and apps to satisfy customer needs.

Thailand is projected to lead Asean in terms of IT spending by small enterprises in 2025 thanks to the country’s digitalisation drive, according to market research company IDC.

The IT outlay by the country’s small enterprises, which have up to 99 employees, is expected to hit US$1.34 billion by 2025, IDC said.

“The effort by Thai SMEs to digitalise is heavily driven by a ‘digital-first’ consumer mindset, and the need to stave off any other potential disruption to the business in the new future,” Sudev Bangah, managing director of IDC Asean, told the Bangkok Post.

According to the IDC, Thailand’s small…

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