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

South African SMEs: Navigating the Path...

The State of South African Small Business 2025 report highlights that SMEs are increasingly the backbone of the national economy, with 83% r...

thumbnail
hover

Energy Prices and Their Impact on...

The structural disparity in electricity costs when compared to the European average is a growing concern for micro and small businesses thro...

thumbnail
hover

First Report by the Observatory on...

The First Report by the Observatory on SMEs and Capital Markets highlights that Italian SMEs increasingly see capital markets as an opportun...

CLOSE
CLOSE