Indian, Chinese firms 'most aggressive' about IT

Monday, 13 August 2007, 19:30 IST
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Singapore: Indian and Chinese companies see themselves as the "most aggressive" in the Asia-Pacific region in adopting information technology (IT), said a research house survey released Monday. Indian companies were found with the highest average number of full-time IT staff. IT capital spending, expressed as a percentage of a company's revenue, ranged from a low of 0.8 percent in Australia to a high of 1.7 percent in China, higher than the 1.2 percent seen in North America, said Gartner in its 2006-2007 IT Spending and Staffing Report. Only eight percent of respondents in Singapore said they were aggressive in adopting IT, the second lowest among the six Asia-Pacific countries surveyed. Companies in the region generally spend 1.4 percent of their revenue on IT operations, compared with 2.6 percent in the US. The average Singapore operation has an IT operating budget of 1.8 percent of revenues compared with 1.2 percent of the average Malaysian and South Korean firms, according to the findings. "Asia-Pacific IT organizations must take advantage of opportunities to apply good practices from experiences elsewhere around the world because, in general, they lag in IT adoption," Singapore's Business Times quoted analyst John Roberts as saying.
Source: IANS