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
AFI Brasov Mall begins the construction with 80 per cent assigned spaces

AFI Romania announced that the leasing campaign in AFI Brasov has advanced and has already assigned 80% of the spaces, a press release informs.

 Read Full article »
Logicom to acquire Romanian IT distributor Gemini

Logicom Information Technology, a subsidiary of Logicom Public Limited signed a pre-sale purchase agreement for the acquisition of Romanian IT distribution company Gemini.

 Read Full article »
InnovMatch Competition in solving business challenges

InnovMatch aims to enable innovative companies, start-ups, developers, entrepreneurs and students from around Central and Eastern Europe to tackle specific business challenges, and by using SAP Cloud Platform,

 Read Full article »
Zitec plans 5 million Euro worth business this year

Zitec, major provider of personalized technology solutions, services and products in Romania, announced it recorded a 30 per cent increase in turnover in the first half of 2017, compared to the same period in 2

 Read Full article »
Smartree: Romanian private sector wages up 7 pct on average in H1

HR outsourcing consultancy Smartree says that wages in the private sector rose by an average of 7 percent in the first half of this year compared to the same period of last year, mainly due to the increase of t

 Read Full article »
NTT Data takes up 4,000 square meters in Unirii View office project

NTT Data Romania, the software services and solutions provider, leased 4,000 square meters in Unirii View office project, the 18th floors tower that is being under development in downtown Bucharest, only five m

 Read Full article »
Eucom Survey: 2 out of 3 Romanian employees would learn a foreign language in order to advance in their career

The interim results of the latest survey conducted by Eucom, foreign language courses provider and part of the Ascendis Group, show that 2 out of 3 Romanian employees (66per cent of all respondents) want to lea

 Read Full article »
Google offers 30.000 US dollars grant for supporting computer science in Romania

Union of Romanian Informatics Teachers - UPIR has received a 30,000 US dollars worth grant from Google to create an online community dedicated to computer science high-school teachers.

 Read Full article »
Siveco's Newton project brings top-notch technology in schools for children with special needs

A pre-testing lesson in physics using 3D, Virtual Reality and Augmented Reality content develped by SIVECO Romania brought unexpected success for students with impaired hearing, within the NEWTON European proje

 Read Full article »
The IT sector in Romania anticipated to reach 12 per cent of GDP until 2025

Romania's IT&C sector will increase to 12% of the GDP in 2025, from a current value of 6% of the GDP, said Marian Popa, head of DB Global Tehnology's IT center in Bucharest, citied by Mediafax newswire.

 Read Full article »
 
MOST RECENT VIDEO
 
 
MOST READ ARTICLES
» Voxpro opens office in Bucharest and h...
» ROMANIAN OUTSOURCING AWARDS FOR EXCELL...
» AFI Brasov Mall begins the constructio...
» Logicom to acquire Romanian IT distrib...
» Romanian Outsourcing Awards for Excell...
» Genpact's COO: Staying ahead of the cu...
» Welcome onboard!
» Comdata to buy four subsidiaries of Fr...
» Zitec plans 5 million Euro worth busin...
» InnovMatch Competition in solving busi...
 
EDITOR CHOICE
Preparing for the new future

Business shared services in Romania is by nature a flexible, mobile and diverse community and in this context, local markets develop their own particularities to address the global changes, to adjust to new dem

 Read Full article »
EY: Work-life balance has become more difficult to be managed by one third of full-time employees in 8 large countries

EY's global survey of full-time workers in eight countries finds that one-third say managing work-life has become more difficult, with younger generations and parents hit hardest.

 Read Full article »
Welcome onboard!

By 2020, some 200.000 people are expected to work in business shared services in Romania, doubling the current employment portfolio enrolled in more than 120 companies operating BPO, SSC or ITO services. Howeve

 Read Full article »
Thierry Blain, SG EBS: Bringing teams to the next level

The journey of Societe Generale European Business Services began with the need for a strategic location to sustain and transform European operations of Societe Generale Group. The purpose was, from the early da

 Read Full article »
TELUS International Europe: Issue 3 - Customers First magazine! Strategy and innovation in travel and hospitality

The third issue of our Customers First magazine is now available! The latest edition is all about travel and hospitality, featuring insights from industry experts and top brands like JetBlue, Turo, Joie de Vivr

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