Tag: SVP Asia Pacific

Positive Outlook for growth in Asia Pacific in 2010

As nations emerge from the grips of a global recession, numerous economic reports reveal some unexpectedly good results from the Asia-Pacific region. The region looks likely to lead the global economic recovery, with a 2010 growth rate forecast at 6.3 percent, the highest in the world.
 
Relative to the Enterprise Software markets, Gartner forecasts this to reach $22.1bn in 2010, a positive 10.2% growth, representing a positive upturn from expected 6.6% growth in 2009.
 

Positive outlook in Asia Pac for 2010

So, 2009, the year of the Ox is drawing to a close. The key characteristics of Caution Courage and Conservatism, in this year of the Chinese horoscope, were very much in evidence as companies took stock of their fortunes, hunkered down and rode out the economic storm. There are now positive signs of recovery for 2010 and many of the economic pundits see Asia Pacific as leading the world out of economic recession.