Asia Pacific ex-Japan spending on blockchain solutions to reach US$2.1 bil in 2022: IDC

SINGAPORE (July 31): Spending on blockchain solutions in Asia Pacific excluding Japan (APAC ex-Japan), is predicted to reach US$2.1 billion ($2.86 billion) in 2022, according to IDC’s Worldwide Semi-annual Blockchain Spending Guide.

Blockchain spending is expected to grow rapidly over 2017-2022, with a five-year compound annual growth rate (CAGR) of 72.6%.

In this year, blockchain solutions spending is forecasted to rach US$272.7 million, which is almost double of US$138.1 million last year.

Close to half of Singaporean workers plan to quit their current jobs within a year: survey

SINGAPORE (July 12): Singaporean workers have the highest expected turnover rate in Asia Pacific, according to a study by enterprise cloud applications provider Workday and global market intelligence firm IDC.

Some 46% of Singaporean employees say they intend to leave their current jobs within 12 months, followed by Malaysia (38%) and Australia (35%).

Japanese workers are most likely in the region to stay in their current roles, with only 23% saying they plan to leave their current jobs within a year.

Digital products & services to drive 60% of Singapore's GDP by 2021, predicts study

SINGAPORE (Feb 21): An IDC study commissioned by Microsoft predicts that digital transformation will add about US$10 billion ($13.2 billion) to Singapore’s gross domestic product (GDP) figures by 2021 with an annual increase in GDP growth rate by 0.6%.

Entitled Unlocking the Economic Impact of Digital Transformation in Asia Pacific, the survey was conducted among mid- and large-sized companies across 15 economies in the region, and looks into the impact on and disruption of traditional business models as a result of digital transformation.

3 obstacles faced by digital service providers in gaining consumer trust

SINGAPORE (Nov 13): Singapore is among the lowest-ranking when it comes to trusting digital services offered in its country, coming in only above Indonesia and on-par with Thailand.

This is according to the new Digital Trust Index, part of the Fraud Management Insights 2017 report authored by Experian and IDC.

The report covers 10 markets across Asia Pacific (APAC), namely: Australia, China, Hong Kong, India, Indonesia, Japan, New Zealand, Singapore, Thailand and Vietnam.

Asia Pacific spending on robotics set to double by 2020

SINGAPORE (Jan 16): Investment in robotics and related services are expected to double from the current $60 billion to more than $133 billion in the Asia Pacific region by 2020.

The figures were part of IDC’s newly released Worldwide Commercial Robotics Spending Guide, which includes data on commercial and consumer purchases of drones, after-market drone hardware, on top of the spending on robotic systems, system hardware and software, robotics-related services and after-market robotics hardware.

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