Enterprise Innovation — The Q1 2016 “Pulse of Fintech” report published jointly by KPMG and CB Insights revealed that capital flowing into venture capital (VC)-backed Fintech companies has driven Fintech investments in Asia to a new high in the first quarter of 2016. In particular China picked up US$2.4 billion in investments during the quarter from nine deals, an 8-fold increase from the previous quarter.
MIS Asia — Sixty-nine percent of CIOs in APAC believe a lack of talent will prevent their organisation from keeping up with the pace of change. The 2016 Harvey Nash/KPMG CIO Survey says CIOs are challenged by the greatest technology skills shortage since the global financial crisis in 2008.
IT News — Researchers from the University of Western Australia and the University of Bristol have demonstrated a new methodology for performing algorithms using a quantum computer, which the university claims could potentially be used in a future supercomputer.
Digital Journal — Cloud Computing Market Size, Industry Analysis Report, Regional Outlook, Application Development, Price Trend, Competitive Market Share & Forecast, 2016 – 2023. This press release was orginally distributed by SBWire. Cloud computing market size is likely to witness significant gains from 2016 to 2023. Greater scalability coupled with faster access to infrastructure are anticipated to surge the demand growth.
Vietnam Net — There were also 222,660 Vietnamese domain names created in the first quarter of this year, bringing the total number of Vietnamese domain names to 971,679. Regarding the management of the Vietnamese domain names, the Viet Nam Internet Network Information Centre (VNNIC) in mid-April said the centre had implemented a purification programme that freed inactive Vietnamese domain names from the beginning of March.
Asia One — Chinese e-commerce site Alibaba beat sales estimates with 39 per cent growth year-over-year for the quarter ending in March, the company said Thursday. The company’s explosive growth showed no signs of slowing despite the overall slowdown in China’s economy.
Straits Times — Singapore has fallen from 5th to 7th in the latest worldwide ranking of “cloud readiness” – a measure of a country’s support for the growing trend of cloud computing. Even though the Republic had a higher raw score of 79.5, one point up from the previous report released in 2013, its improvement was outpaced by that of others.
Cloud Computing News — Hong Kong is the most ‘cloud-ready’ Asia Pacific nation with an overall ranking higher than that of the US and UK, according to the latest analysis from the Asia Cloud Computing Association (ACCA). Japan, previously the leader, moved down four places to #5 in the chart with an overall score of 73.0 compared to Hong Kong’s 78.1, with the latter scoring top markets in broadband quality, privacy, and data centre risk.
China Tech News — Asos, a leading fashion e-commerce operator in Great Britain, announced plans to end its China business after less than three years of operating in the country. To reduce regional operating costs, the group will shut its businesses in China. Asos’ Chinese website Asos.cn will be closed and its Chinese distribution center and office in Shanghai will also stop operations.
Enterprise Innovation — IT infrastructures have evolved from traditional on-premises-only to a hybrid strategy that links internal and external IT services driven by the existence of the cloud, according to SolarWinds. The company’s IT Trends Report 2016 shows that nearly all (92%) of the IT professionals surveyed in Singapore say adopting cloud technologies is important to their organizations’ long-term business success.
Digi Times — The worldwide smartphone shipments totaled 292 million units in the first quarter of 2016, down 18.6% from the previous quarter and 1.3% from a year earlier, according to TrendForce. The decrease was mainly attributed to saturating market conditions with leading brands such as Samsung and Apple no longer enjoying the same growth momentum as before, and overall shipments depended on contributions from China-based brands and rising demand in India and other emerging markets, said the market research firm.
Times of India — India’s largest IT company — Tata Consultancy Services (TCS) — has announced its results for the quarter ended March 31, 2016. The results largely came in line with analysts’ expectations, however, there were signs that the company is losing steam not only vis-a-vis its own performance of recent years, but also compared to arch-rival Infosys.
Inquirer Net — Globe Business, the enterprise information and communications technology (ICT) arm of Globe Telecom, has led the digital transformation of the country’s top enterprises in 2015 following the strong performance of its enterprise data and broadband segments. Full-year enterprise revenues in 2015 have grown by 12% versus previous year, while EBITDA increased by 15.7%, primarily driven by the growth in data business at 18%.
Gov Insider — Something big is happening in Singapore’s gov tech scene. It started quietly, but has now grown to a roar. Every week, there is a new government announcement. From robotic boats to cutting-edge apps, officials are trialling everything to make their nation work better. At the centre of this storm is Chan Choew Hoe, Government’s Chief Information Officer. He joined the public sector just two years ago, and has since has been working behind the scenes to rebuild Singapore’s hidden wiring.
Networks Asia — I’ve written a number of times about the sea change in technology that is occurring and how it’s affecting enterprise IT organizations. Most recently, I wrote about how open source is eating the technology industry and how that will affect these organizations. It’s no exaggeration to say that IT is witnessing more change now than it has ever before seen.
Networks Asia — Asian countries, led by Hong Kong and Singapore, top the new Cloud Readiness Index (CRI) 2016 released by the Asia Cloud Computing Association (ACCA). Hong Kong leads APAC in cloud readiness, jumping four spots from the previous Index to oust Japan from the top rank. Singapore is a close second and also moved two ranks higher from fourth place in the previous CRI.
IT News — Australian broadband users downloaded a whopping 1.7 million terabytes (1.7 exabytes) of data in the last three months of 2015, an increase by half on the end of 2014. The boom in downloads was coupled with a doubling of fibre connections to 645,000 over the 2015 year, according to the Bureau of Statistics’ latest report on the nation’s internet activity.
JKNUS — Asian countries top the new Cloud Readiness Index 2016 released by the Asia Cloud Computing Association. The CRI places Hong Kong, Singapore, New Zealand and Australia above markets such as Germany, the United Kingdom and the United States, showing that Asia economies are indeed leading the world in cloud readiness. This is also the first time that the 14-market Asia Pacific-focused study also includes a sample of six non-Asian markets for comparative analysis.
ZDNet — Singapore researchers are looking at various technologies that can enable data to be analysed more efficiently within the limitations of Internet of Things (IoT), as the country looks to take the lead in this emerging market segment. IoT had been touted to play a crucial role in big data analytics, gathering information that could be examined to improve products and services as well as enhance a society’s quality of life.
eWeek — A 451 Research report estimates that currently, the world’s largest region in terms of total operational space for colocation is Asia Pacific. The global colocation market will reach $33.2 billion by 2018, according to 451 Research’s latest quarterly Datacenter Knowledgebase (DCKB) release, which tracks nearly 4,800 data centers operated by 1,286 companies worldwide.
Enterprise Innovation — Asian countries, led by Hong Kong and Singapore, top the new Cloud Readiness Index (CRI) 2016 released by the Asia Cloud Computing Association (ACCA). Hong Kong leads APAC in cloud readiness, jumping four spots from the previous Index to oust Japan from the top rank. Singapore is a close second and also moved two ranks higher from fourth place in the previous CRI.
Business Wire — DUBLIN: Asia Pacific Colocation market was estimated to be $4.55 billion in 2015. The region is expected to witness the highest growth at a CAGR of 19.12% over the forecast period, with colocation revenues generated to reach $12.99 billion by 2021. Government initiatives, adoption of cloud computing solutions, outsourcing key IT business segments are some of the factors which will contribute to the growth of colocation market in the region.
MIS Asia — There is no question that we’re on the cusp of rapid IT evolution. “Ordered today – delivered today,” fast, around-the-clock customer and IT service, total transparency via social media – the business world is currently undergoing a radical, deep-rooted change and a fundamental digital transformation. Cloud solutions, embedded in the corporate and IT strategy and comprising part of the security concept, are quickly becoming the future of corporate IT.
IoT Hub — It seems that every tech company has different ideas on how to best design and implement an IoT network. From major players like Amazon and Microsoft releasing their own frameworks, to start-up companies developing solutions to niche markets, there is a dizzying array of choice for organisations willing to dive into this hyper-connected world.
Times of India — NEW DELHI: India offices of MNCs like DHL, Google and Marriott ranked among the top workplaces in Asia, while 10 Indian companies including Lupin, M&M and InterGlobe Enterprises made it to the list under the ’25 Best Large Places to Work’ category. According to the 2nd annual list of the Best Workplaces in Asia-Pacific, DHL took the top slot among multinationals. Salesforce led the Small and Medium list and Atlassian the Large Companies segment.
“As its technologies and processes mature, the cloud is being increasingly relied on as a vehicle for agile, scalable and elastic solutions. To build competitive advantage and cut costs, CIOs and other IT leaders need to constantly adapt their strategies to leverage cloud capabilities.” So says Gartner in its Predicts 2016: Cloud Computing to Drive Digital Business report.
Enterprise Innovation — Singapore led a 10-territory survey that identifies the readiness of markets in Asia Pacific including Japan to thrive in the digital world, according to CA Technologies’ Application Economy Index. By rank, the rest of the list comprises Australia, South Korea, Japan, Hong Kong, Malaysia, China, Thailand, India and Indonesia.
NDTV — The future is already here, it’s just not evenly distributed, says science fiction author William Gibson. It’s especially true for the state of broadband in the country. Content delivery network Akamai notes in its Q3 2015 State of the Internet report that India, at 2.5mbps, had the lowest average connection speed among ten Asia Pacific countries surveyed in the region. The global leader, South Korea, has an average connection speed of 20.5mbps.
Times of India — NEW DELHI: Tablet sales in India grew over 8% to touch 3.8 million units in 2015, recovering from a sharp dip seen in 2014, research firm IDC said today. However, during the fourth quarter ended December 2015, tablet shipment declined by over 10% to 0.86 million units over the same period last year (0.96 million).
Times of India — WASHINGTON: India, along with China, Russia, Saudi Arabia and South Korea ranked among the nations most vulnerable to damaging cyberattacks, according to scientists, including those of Indian-origin. The US ranked 11th safest, while several Scandinavian countries including Denmark, Norway and Finland ranked the safest, researchers said.