(June 5): There is a cloud hovering over the Asia Pacific region (APAC). Spending on public cloud and related services is growing at 25% CAGR across APAC, outpacing growth in the mature markets of Western Europe and the US. Cloud budgets today account for approximately 5% of average IT budgets, a figure which is likely to double by 2023.

The cloud has long been championed as an avenue for efficiency savings for business. But in an era of Covid-19, virtual ways of working are as much about operational continuity as they are about operational expenditure.

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