Small- and medium-sized businesses (SMBs) across Southeast Asia, including Singapore, are poised to spend USD 630 million on data storage-related investments this year, said Storage network professionals at a seminar in Singapore.
According to the experts the economic growth and emerging regulation across the region is on of he main reasons for the growth in the data & storage industry. Even smaller companies are joining the bandwagon to remain competitive by having faster access to business and customer information offline, as well as providing services online.
The experts opined that markets like Singapore can look into adopting standards and training programmes to help its information technology professionals ride the growth.
"Areas like Singapore, Indonesia, and Thailand are really seeing SMBs, SMEs investing in their IT infrastructure because of their business development. Governments of the Asian area are starting to impose certain rules on how data centre and IT infrastructure ought to be managed in order to preserve access to information over a certain period of time. In Singapore, we have several rules like the retention act, the limitation act," said Vincent Franceschini, chairman, Storage Networking Industry Association.
The experts pointed out that here lies the opportunity for data & storage vendors to cash on the opportunity. They said vendors would have to be more in tuned with end-users' habits, so that they can come up with next-generation technologies when it comes to storage needs.
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