Study: Storage tops shopping list in Asia-Pac
Study: Storage tops shopping list in Asia-Pac
Of the seven major enterprise solutions examined in the Asia-Pacific region (excluding Japan), the largest investment in the last 12 months was on storage, with around US$4 billion invested on storage in the region in 2003.
That is the findings of a report by analyst group IDC on the spending habits of enterprises in the region, and how they are likely to change in the coming years.
The "Asia/Pacific IT Solutions Market Spending Analysis and Forecast, 2003-2007", revealed the spending on storage in the region was closely followed by investment in Enterprise Resource Management (ERM) at US$3.9 billion, with Security the third highest vertical in terms of dollars invested at US$1.7 billion. The 2003-2007 compound annual growth rates (CAGR) for the Security, Customer Relationship Management (CRM) and e-Commerce solutions are projected to reach a high of 25 percent, 23 percent and 20 percent respectively.
"There has been a leap in the momentum towards the use of enterprise solutions for the integration of technologies, people, processes and data, especially within a well-structured IT solution offering," said Robin Giang, Manager, IT Investment and Strategy Research, IDC Asia/Pacific. "More and more, IT solutions, consisting of a seamless hardware, software and services portfolio, will continue to garner tactical importance for targeted competitive differentiation. Organisations will therefore implement and upgrade their IT solutions accordingly in order to achieve business objectives relating to cost, efficiency, productivity, reliability, availability and trust."
According to IDC's report, a large number of manufacturing, banking and communications organisations in the Asia/Pacific region have become very dependent on Storage, ERM and Security solutions to optimise, automate and secure network infrastructures and internal systems that reside throughout their global operations.
With e-business implementation throughout the Asia/Pacific region, storage capacity has also been expanding exponentially to cope with the additional data traffic and demands for data storage. Additionally, organisations are also increasingly examining opportunities to extend secured information flow to their partners, customers and employees more efficiently and effectively.
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