BCG Study: APAC Slow to Adopt Cloud due to Talent Shortages
A new eight-nation APAC study conducted by Boston Consulting Group (BCG) shows that spending on the public cloud and related services is growing, yet organizations aren’t confident about the security of cloud infrastructure and are holding back.
The study, “Businesses in Asia-Pacific Can Find Resilience and Growth in the Cloud,” showed that APAC cloud spending is growing at a compound annual rate of 25 percent, which is much faster than similar growth across the U.S. and Western Europe and points to the region’s readiness to invest in cloud initiatives that are accelerating the pace of innovation, growth, and customer engagement.