Government
Asian gov'ts to spend more on tech
SINGAPORE--IT expenditure is expected to take a back seat amid the economic slowdown, but some analysts believe the public sector in Asia will be the biggest IT spender as governments try to stimulate their countries' growth. Frost & Sullivan analyst Manoj Menon said that pump priming is a common reactionary measure by governments take to nurse their economy to health during an economic downturn.
SINGAPORE--IT expenditure is expected to take a back seat amid the economic slowdown, but some analysts believe the public sector in Asia will be the biggest IT spender as governments try to stimulate their countries' growth.
Frost & Sullivan analyst Manoj Menon said that pump priming is a common reactionary measure by governments take to nurse their economy to health during an economic downturn. This does not just cover building of bridges and roads--it also includes IT spending.
Supercomputer maker SGI said that it has seen a 30 percent to 40 percent sequential growth from its government & defense business between its third and fourth quarter. The sector contributes about a quarter of the company's total revenue, worldwide and in Asia Pacific. --Nawaz Marican, Special to ZDNet News