Published By : 23 Oct 2015 | Published By : QYRESEARCH
In a report, titled “Best Practices: Enabling Tomorrow’s Tertiary Institutions - Digital Transformations Through Personalized Curricula, Collaborative Ecosystems and Smart Campus Initiatives” published by IDC Government Insights’ states that the IT expenditure in Asia Pacific except Japan will be up to US$10.4 billion by 2019. This figure has been pegged at US$8.7 billion in 2015 and is expected to grow at a CAGR of 5.2% over the next five years.
Market Analyst at IDC Government Insights, Shreyashi Pal stated that the mature economies have a better expenditure plan on higher education in the IT sector. They are slowly shifting their focus to spending on services and software learning from hardware. This shift is a result of APEJ tertiary education sector focusing on building a workforce that will know how to deal with cybersecurity problems better. This move is also aimed at reducing the IT costs, enhancing the business-IT alignment, bringing in a system for streamlining scarce ICT resources, and highlighting the new technologies for IT consolidation.
The research report also sheds light on the fact that opportunities for higher education in the Asia Pacific region will be realized through Smart Campus initiatives, collaborative education, and personalized learning. The report is hopeful about the changing technology and business scenario in the region which will revolutionize the conventional tertiary education patterns. The report assertively states that the education system needs be more agile to incorporate tertiary educators and educational institutions across the world. Working in this manner would only be the right way to ensure that the new education system remains sustainable and relevant in the coming years