According to a recent survey done by Springboard Research, Asia's IT expenditure is expected to increase by 8.8% in 2010, which is slightly higher than the 6.4% increase in 2009. Also according to the research, Asia has faired much better than the rest of the world, mainly due to the strong performance in China and India. The economic crisis though very destructive all over the world, opened the eyes of many executes of the importance of IT for their company. It makes them leaner and more productive too. Going online and showcasing your company in the virtual world is also very important, it gives companies a good plan B when things are going bad and it is also another great avenue to reach out to customers.Increase in expenditure in IT shows Asia is well prepared and more advanced too. There were some trends mentioned by Springboard Research that they thought would happen in 2010 onwards and some of them include Social networking will be as accessible and commercialized as the Internet itself and A wave of innovative new payment technologies emerge. Payment safety was one of the issues why people around Asia do not buy online and this will help solve that problem too. The increased trend in social networking shows how active we are becoming here online.
Source: http://www.cw.com.hk
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