APAC organisations shaping opportunities in the future of Cloud

Organisations across Asia Pacific are increasingly turning to cloud innovations as the foundation for their digitalisation efforts, in a strategic move to become faster, leaner, and better at delivering results for their customers, a new study by Cisco and the Boston Consulting Group (BCG) shows. Titled The Future of Cloud in Asia Pacific, the report highlights that overall cloud spending is expected to reach USD200 billion in the region by 2024 according to Gartner, with investment into the cloud growing at a compound annual growth rate (CAGR) of over 20% since 2018.

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