SMB IT spending in ASEAN to reach $13.4 bln in 2008

Small and medium businesses across key countries in ASEAN (Singapore, Malaysia, Thailand, Indonesia, Vietnam and the Philippines), are set to spend $13.4 bln on IT in 2008, up 15% over 2007. Computing spending will account for just over 50% of total IT spending in ASEAN. Indonesia, Malaysia and Thailand will drive approximately 67% of the spending. As for MBs (medium businesses, or companies with 100-999 employees), about 40% of IT spending will be on computing hardware in 2008. The bulk of IT spending will continue to be on basic infrastructure. However, IT services, Internet and storage will make up another 42% of MB IT spending in the ASEAN countries in 2008, AMI Partners reports.