Why firms should embrace the cloud now

IN THE past, the Asia-Pacific was seen as the world's factory, churning out low-cost goods for the more advanced economies of the West. Today however, the region has become a global leader in the development of next-generation technologies ranging from virtual reality and the Internet of Things to artificial intelligence and blockchain.

Asia's domestic markets themselves have upgraded in lockstep with advances in digital technology in response to customers. Consumer expectations are evolving quickly with the rise of e-commerce, mobile banking and smart apps for everything, and companies are responding to meet these service demands.

In order for companies in the region to properly meet these demands, digital transformation initiatives are being considered across organisations.