As Covid-19 impacts Asian markets, cloud outshines traditional products

Key verticals such as banking and financial, healthcare and manufacturing sectors witness “surge in demand” for cloud-based solutions

June 8th, 2020 – Covid-19 has accelerated customer demand for digital technologies to ensure resilient enterprise business operations across Asia Pacific, resulting in cloud-based offerings outshining traditional products.

Key verticals like banking and financial, healthcare and manufacturing sectors are witnessing a surge in demand for cloud-based solutions, owing to features like remote data storage capabilities and provisioning of privileges for hosted applications.

This crisis has derailed the economy of Asian countries to a certain extent. Governments in these countries, therefore, are encouraging the adoption of advanced digital capabilities amongst small and medium-sized enterprises (SMEs) and large enterprises.

More…https://sg.channelasia.tech/article/680330/covid-19-impacts-asian-markets-cloud-outshines-traditional-products/

Written by Channel Asia

Related Post

thumbnail
hover

The Impact of the Iran Conflict...

Geopolitical shocks are reaching small and medium-sized enterprises faster than ever. According to a recent analysis by Trade Finance Global...

thumbnail
hover

U.S. Small Businesses Pull Back on...

A cluster of fresh data released this week paints a cautious picture for small businesses in the United States: hiring ambitions are fading,...

thumbnail
hover

OECD SME Financing Scoreboard 2026 –...

On 31st May the OECD SME Financing Scoreboard 2026  was released. This report was produced by the OECD Centre for Entrepreneurship, SMEs, R...

CLOSE
CLOSE