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

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...

thumbnail
hover

OpenAI launches new AI Accelerator for...

OpenAI has launched the EU Economic Blueprint 2.0, introducing a new set of initiatives aimed at accelerating AI adoption across Europe and ...

thumbnail
hover

SME climate finance stocktake: Turning ambition...

Small and medium-sized enterprises are vital to global climate action, yet access to green finance remains a major barrier to scaling their ...

CLOSE
CLOSE