BUSINESS

Accelerating cloud adoption in post-Covid-19 Asia

Asia focus, Luc Grimond and Alain Schneuwly, Published on 29/06/2020

» There is a cloud hovering over the Asia Pacific region. Spending on public cloud and related services is growing at a compounded annual rate of about 25% across the region, outpacing growth in the mature markets of Western Europe and the United States. Cloud computing budgets today account for approximately 5% of average IT budgets, a figure that is likely to double by 2023.