Latest News  

Higher education IT spend in APeJ to reach USD 10.4 bn in 2019 - IDC

IDC Government Insights’ recent published research “Best Practices: Enabling Tomorrow’s Tertiary Institutions - Digital Transformations Through Personalized Curricula, Collaborative Ecosystems and Smart Campus Initiatives reveals that the IT spending forecast in the higher education sector in the Asia/Pacific region excluding Japan (APEJ) higher education sector will increase from US$8.7 billion in 2015 to US$10.4 billion in

2015-10-23 14:56:47

IDC Government Insights’ recent published research “Best Practices: Enabling Tomorrow’s Tertiary Institutions - Digital Transformations Through Personalized Curricula, Collaborative Ecosystems and Smart Campus Initiatives reveals that the IT spending forecast in the higher education sector in the Asia/Pacific region excluding Japan (APEJ) higher education sector will increase from US$8.7 billion in 2015 to US$10.4 billion in 2019, with a five-year compound annual growth rate (CAGR) of 5.2%, according to Firstpost.com.

“Higher education institutions in mature economies display a more mature IT spending pattern, where IT spending is shifting focus from hardware to services and software spending components. This is because the APEJ tertiary education sector will be increasingly focused on addressing the urgent need to increase cybersecurity priorities of digital assets, reduce IT costs, improve business-IT alignment, and leverage cutting-edge technologies for IT consolidation and streamlining of scarce ICT resources”, says Shreyashi Pal, Market Analyst, IDC Government Insights.

IDC Government Insights’ research also highlights that the opportunities for higher education in the Asia/Pacific region are rooted in personalized learning, collaborative education, and Smart Campus initiatives. It believes that dynamic business and technology landscapes are bringing about rapid changes to traditional tertiary education demands and practices. Achieving adaptive agility has been more critical than ever to tertiary educators and educational institutions globally as a result of ensuring long term relevance and operational sustainability.

The benefits of ICT in education varies from enhancing the learning experience and equipping students with new sets of skills, to expanding the reach of education to people having no access, as well as to reduce the cost of education. The success of these benefits, however, depends on the maturity of the ICT infrastructure in the tertiary education system and the willingness of education institutions to increase ICT investments. All leading drivers of IT investments in higher education are related to bringing about better operational outcomes through cost reduction initiatives. These priorities are notably universal across both higher education institutions in mature, and developing economies of the Asia/Pacific region.

IDC Government Insights have predicted that the 3rd platform technologies will be driving the education industry transformation and bringing about this change namely are cloud or X-as-a-service models, mobility, social engagement and collaboration, and Big Data and analytics.
Third Platform technologies are bringing about higher education digitization and operations transformation. These new blended environments will offer seamless learning experiences, enhanced operational productivity to tertiary education users, open up new practices as well as operational excellence pursuits for the Asia/Pacific higher education sector in the coming years. A blended and collaborative ecosystem that enables the intelligent, instantaneous, and gainful exploitation of organizational knowledge is critical.

"This is because the Asia/Pacific tertiary education sector will be increasingly focused on addressing the urgent need to increase cybersecurity priorities of digital assets, reduce IT costs, improve business-IT alignment, and leverage cutting-edge technologies for IT consolidation and streamlining of scarce ICT resources," says Gerald Wang, Program Manager, IDC Government Insights.
"By utilizing collaborative cross-functional ecosystems to resolve multifaceted challenges, Asia/Pacific tertiary institutions can gain greater productivity and efficiency as compared with independent endeavors”, Gerald Wang added.

IDC Government Insights found that tertiary education institutions today in both mature and developing Asia/Pacific economies continue to struggle with shrinking ICT budgets. They also face strategic dilemmas in choosing appropriately across a wide range of ICT solutions to effectively cater to differing individualistic needs and technology readiness.

Tertiary institutions in developing nations are noted to display strong overall growth rates with lower overall IT spending expenditure, and majority of their IT spending is concentrated in hardware expenditure. The Asia Pacific countries are now leveraging the investments they have made to focus on software and services. The maximum growth potential seems to be in software in these countries. Infrastructural software is the biggest focus area, followed by applications.

IDC believes the following key transformation drivers such as Democratization and widening access to education; Internalization of quality education through digital education initiatives; and the growing demand for personalization and widespread collaboration are expected to drive Asia/ Pacific education IT investment in the next two to three years.


0 COMMENTS ^ Go back to Top
WRITE A COMMENT ^ Go back to Top
 
Your email address will not be published.
Nickname
Email
Comment
Validation Code
   
 
 
NEWS
TEDxBucharest welcomes 19 international speakers on the stage at the end of this November

The TEDxBucharest conference series reaches its tenth edition to happen between November 30 – December 1, at Auditorium Pallady, with 19 international speakers on the stage.

 Read Full article »
Office market demand in Bucharest reached 220.000 sqm in the first nine months of 2018

The office market demand is estimated to have reached 220.000 sqm in the first nine months of 2018, according to the latest study findings delivered by CBRE.

 Read Full article »
The missing link- Growing a solid entrepreneurial culture

Within a developing yet solid market where the necessary factors are on the table - investors, strong academic life, work force, skills and private companies operating countrywide - it seems that the evolution

 Read Full article »
Office leasing transactions up to 73.500 sqm in Bucharest in Q3 of 2018

The office market in Bucharest registered a total volume of 75,300 sqm of rental transactions in the third quarter of 2018, of which the new demand was 20,400 sqm. According to Colliers International real est

 Read Full article »
Violeta Luca is the new GM of Microsoft Romania

Microsoft announces the appointment of Violeta Luca as the new General Manager for the company's operations in Romania, starting November this year.

 Read Full article »
Oracle delivers personalized digital assistants for companies

Oracle announced the availability of Oracle Digital Assistant, enabling companies to build personalized digital assistants to help employees work smarter and more productively.

 Read Full article »
Verint opens cyber Research & Development center in Romania

Verint Systems announced the opening of a Cyber Intelligence Research and Development center in Romania. This new facility will offer Romanian IT professionals a unique opportunity to contribute to making the w

 Read Full article »
Microsoft leased 23.000 sqm offices in Skanska's Campus 6

Microsoft has leased 23,000 square meters of office space and 500 parking spaces in Skanska's Campus 6, in Bucharest, Romania. The start date of the lease is in the third quarter of 2020 and it is estimated to

 Read Full article »
DCA Romania expands outside Bucharest with a new call center

DCA Romania, the company's top five largest debt brokers in the country, opened in October its first call center outside Bucharest, the company announced in a press release.

 Read Full article »
Romanian fintech start-up Fintech OS was accepted into the Microsoft accelerator program in London

Fintech OS is also the first Romanian start-up that joins the Microsoft UK accelerator, after having passed a complex registration and selection process.

 Read Full article »
 
 
MOST READ ARTICLES
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» Molson Coors started to grow its busin...
» Office market demand in Bucharest reac...
» Digital Transformation and Next-Genera...
» How to protect your Romanian company a...
» Capgemini to open new office at Suceav...
» Atos Romania to hire 750 more people b...
» Bombardier hires site operations direc...
» Synergy of skills
» Fortech opens its second office in Ias...
 
EDITOR CHOICE
Keep the communication channels open

The necessity of creating a functional dialogue within a company has been underlined by Denisa Panaite Casu, PwC Academy Manager, Romania, in the panel of the recently held People in Shared Services and Outsour

 Read Full article »
Digital Transformation and Next-Generation Talent Development

To what extent will robotics, chat bots and other cognitive technologies change the makeup of our future workforce? With customizable software and cloud-based tools which promote automation, the low skill secto

 Read Full article »
Building an efficient business-wise ecosystem

The Romanian employees are well-seen and appreciated by foreign investors, top managers of large corporations and, as Vivek Bakshi General Manager International Operations (Europe), Wipro Technologies considers

 Read Full article »
How to achieve a solid culture of work?

The plenary session of the recently held People in Shared Services and Outsourcing Forum brought together the industry stakeholders and the authorities in an open dialogue panel, with the aim at identifying the

 Read Full article »
People in Shared Services and Outsourcing Forum, 2018: What kind of future, tomorrow will bring?

We have just concluded the fourth edition of our annual event People in Shared Services and Outsourcing Forum, the get-together of the Who's Who in the industry of business shared services in Romania.

 Read Full article »
Latest News  
 
about us | newsletter | contact | members area | GDPR policy
Copyright © 2015 by Diplomat Media Events Design by Diplomat Media Events