Asia Pacific businesses continue to make strategic cloud investments despite the volatile economic climate to accelerate business transformation and become future-ready. In APAC, there continues to be a high demand for cloud services owing to the governments' digitalization efforts and the desire of businesses to be future-proof to ensure business continuity. The acceleration of digital transformation has resulted in enormous cloud demand in APAC, where Microsoft Azure and Amazon Web Services (AWS) dominate the region's cloud industry.
The cloud market in APAC, which now represents 14 percent of worldwide cloud expenditure, is expanding rapidly. The growth of the cloud market is anticipated to be influenced by a number of factors over the forecast period, including increasing cloud service dependence, integration of IT applications and services, the proliferation of mobile and connected devices, and the shift of content and advertising to the internet. Furthermore, other market drivers for cloud services in Southeast Asian nations like Malaysia include infrastructure modernization, more cloud region and data center options, in-house development capability, low-code, and no-code to drive development efficiency, digital economy, and tech start-ups, customer experience, and cloud enterprise resource planning (ERP).
In the competitive global marketplace, cloud-based technology, advanced analytics, and automation have positioned themselves as indispensable tools to deliver a highly tailored consumer experience and foster brand loyalty. This edition of APAC CIOoutlook brings into spotlight the key developments in the Asia Pacific cloud market and how companies are leveraging cloud technologies that are crucial to business continuity and resiliency to compete in today’s digital-first market. It features a combination of thought leadership articles from Marc Ashworth, Chief Information Security Officer, First Bank, Subha Chari, Head of Digital Product Delivery, LendLease, Nivedan kumar, Head of Cloud and Technology Partnerships, AppsFlyer and Wilbertus Darmadi, CIO, Toyota Astra Motor with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. This edition brings you the stories of some of the most successful Cloud Solution Providers in APAC like AXLBIT, Cyber Matrix, and Younglimwon Soft Lab. We hope this edition will provide you with assistance in choosing the right Cloud Solutions Providers in accordance to your requirements. We present to you the Top 10 Cloud Solutions Providers - 2022.