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IT spending outlook 2013

Sheila Lam | Feb. 20, 2013
Hong Kong enterprises are more optimistic than their regional counterparts on the business outlook for 2013, but available IT resources may not fully support such growth.

Limited land supply is a constant challenge in developing a datacenter industry in Hong Kong. However, the datacenter industry has been vibrant in the past six months.

In July, Equinix acquired Hong Kong-based Asia Tone to expand its market presence in greater China. On the same week, New York-based Digital Realty announced its partnership with Savvis to rebuild a datacenter at Tseung Kwan O (TKO).

UK-based Global Switch also entered the market in November with plans to invest HK$2.8 billion to build a datacenter at TKO. In addition, Apple was reported to be building its first datacenter in Hong Kong.

Other technology areas where Hong Kong enterprises plan to outspend their peers in the region are virtualization (20%) and networks (16%). With more enterprises and service providers building their datacenters in Hong Kong, spending on infrastructure-related technologies are expected to be a higher priority.

Do more with less

The survey data reveals a serious challenge for local IT leaders, who are pressured to do more with less. With limited IT budgets and staff to support anticipated growth, Hong Kong IT leaders must maximize their resources and spend intelligently in 2013.

 

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