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Forrester: 2013 continues to stress CIOs and IT Budgets in Asia Pacific

T.C. Seow | Sept. 1, 2013
Less than half of Asia Pacific organisations will increase their IT spending in 2013; Singapore prioritises technology as much as peers in developed economies

In other ASEAN markets,

  • CIOs in Malaysia and Indonesia are starting from smaller bases than their peers in more developed markets. Malaysian organisations spend 3.7 percent of revenues on IT, while Indonesian organisations spend 4.2 percent
  • On the bright side, the share of organisations increasing their IT budgets by more than 10 percent is especially high in the Philippines (12 percent), just behind China (14 percent) and India (19 percent)

Based on the above findings, Forrester advises CIOs to adapt to the new business-powered budget reality to be in a position for success.

 

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