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
JLL: Total office space in Bucharest to reach 3 million sqm

The second quarter of 2019 reconfirmed the increased interest for the office market in Romania. Over 115,000 square meters of office space were leased over this period at the national level, a value similar wit

 Read Full article »
Horváth & Partners launches Steering Lab, Big Data and Machine Learning-based excellence center

Management consultant Horváth&Partners announced it launched an excellence center in Romania, Steering Lab, AI-based and using tools of Big Data and Machine Learning.

 Read Full article »
Colliers International takes over the property management of Vastint's Business Garden Bucharest

The real estate consultancy company Colliers International will be in charge with the property management of the office compound Business Garden Bucharest, developed by Vastint in Orhideea area in Bucharest.

 Read Full article »
Survey: Romanians switch to a lower-paying job for other advantages

One out of five Romanians took at least once throughout their career a lower-paying job and two out of five would take a lower-paying job in exchange for other advantages they see as more valuable, a survey con

 Read Full article »
Fujitsu named a leader in Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe

Gartner has once again named Fujitsu a Leader in the 2019 Gartner Magic Quadrant for Data Center Outsourcing and Hybrid Infrastructure Managed Services, Europe. This is the seventh consecutive year that Fujitsu

 Read Full article »
KKR enters exclusive negotiations with GBL for Webhelp Group

KKR, a leading global investment firm, announces it has entered into exclusive negotiations to sell a majority stake in the Webhelp group to Groupe Bruxelles Lambert (GBL). GBL will invest alongside Webhelp's

 Read Full article »
TELUS International continues to grow in Bucharest

In order to support the extensive hiring planned for TELUS International in Bucharest this year, the company has acquired 1,200 sqm more space, in addition to the 8,800 sqm office space it has in AFI Park.

 Read Full article »
EY: Four out of five companies plan to reduce their legal spend over the next two years

Eighty-two percent of companies plan to reduce their legal function costs over the next two years, with 42 per cent of respondents planning on doing so by more than 10 per cent, according to a new report releas

 Read Full article »
ANCOM: About 15 million connections affected by security

About 15 million connections were affected in 2018 by security incidents that had in view the security and integrity of electronic communications networks and services, most of them being about mobile telephony

 Read Full article »
PwC Report: In ten years, digital transformation will impact 600,000 jobs in Romania

Over the next ten years, the digital transformation generated by new technologies will affect 600,000 jobs in Romania, according to the PwC's Workforce Disruption Index, presented on July 2, 2019 at Workforce f

 Read Full article »
 
 
 
MOST READ ARTICLES
» Raiffeisen Bank Romania outsources onl...
» World-class HR organizations now spend...
» Oracle results pushed down by a strong...
» Apostoleanu, Oracle: Human talent, mos...
» TELUS International: Chatbots - The pr...
» Sergiu Negut, on the stage of People i...
» Microsoft and Oracle to interconnect M...
» The importance of training in developi...
» ANIS: Romanian IT market annual revenu...
» Healthcare IT outsourcing market is ex...
 
EDITOR CHOICE
My HR Lab: Research of suitable candidates and giving feedback to rejected ones, the biggest challenge in HR

During June 2019, My HR Lab company run an online (social media platforms) survey "Challenges of the recruitment process" which enrolled over 100 professionals working in HR and recruitment in Romania.

 Read Full article »
The local market needs more added-value and complex projects to be developed by the companies

The statement has been uttered within this year's Romanian Outsourcing and Shared Services Summit by Catalina Dodu, Country Manager at Atos, pointing to the local enablers that could enhance the innovation and

 Read Full article »
The office market at a glance: The round for tenants is on

Data provided by CBRE show that the office spaces segment will continue to grow rapidly in 2019, and 15 new projects covering 304.000 sqm will be delivered. According to the real estate consultancy agency, curr

 Read Full article »
People Empowering Business Forum 2019 to take place on October, 30 at Bucharest

Latest trends like demographic upheaval, globalization, digital technology, and changing social values and worker expectations, are disrupting business models and radically changing the workplace. These are req

 Read Full article »
Addressing the mantra of cyber-security: Confidentiality, integrity and availability

The fast advancement of technology in all the aspects of everyday life, either personal or professional, and the emerging of AI (Artificial Intelligence) and ML (Machine Learning), not to mention cloud technolo

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