Demand for public cloud services is growing in Asia Pacific as more enterprises recognize the importance of investing in advanced technology, including AI, to compete in global markets, according to a new research report published today by Information Services Group (ISG), a leading global technology research and advisory firm.
The 2024 ISG Provider Lens™ Multi Public Cloud Services report for Asia Pacific finds that rapid economic expansion in the region, which is at the epicenter of global growth, has enabled some companies to leapfrog international rivals in implementing cloud-native environments. Government incentives and a wave of legacy infrastructure modernization have also accelerated public cloud adoption. Strong ecosystems of local and global system integrators help to make cloud transformations possible.
“Enterprise technology is quickly maturing in Asia Pacific,” said Michael Gale, partner and regional leader, ISG Asia Pacific. “As companies gain more capabilities and look to expand their use of AI, they are stimulating both the cloud ecosystem and the regional economy.”
The expansion of cloud infrastructure in Asia Pacific is fostering the growth of provider ecosystems that help enterprises gain cloud maturity, the report says. One or more hyperscalers have been present in Australia, Japan and Singapore for more than a decade, and AWS entered Malaysia this year. Hyperscale infrastructure is expected to come online in Indonesia, Thailand and New Zealand by the end of 2025.