Global economic woes hit Asia Pacific tech market

Asia Pacific buyers of IT services and products seem to be hesitating on new purchasing commitments as the region appears to have been negatively impacted by the current global economic conditions, according to a new report just published.
 

Facebook performance ahead of IPO ‘reassuring’

Analysts say it is reassuring that Facebook has been able to convert its 845 million active users into revenue and profits, with both the company’s operating income and revenue growing strongly over the past two years.
 

Engaging users ‘vital’ for Facebook as Google pushes: report

Facebook’s goal is to redefine the social media experience by creating an immersive platform that will be the centre of people’s digital lives, making it the dominant platform for rich communications, commercial content and advertising. That’s the view of one global analyst firm that believes that if the social media giant can achieve its vision then the predictions of an IPO valuation of $100 billion might well be justified.
 

Next billion mobile connections won’t come quickly

While mobile devices like smartphones are invariably the primary mode of personal and business communications in major, developed markets around the world, the next one billion of the world’s new mobile connections is likely to mainly come from remote rural areas in emerging markets, according to a newly published report.
 

Slow growth ahead for telecom service providers: report

The global telecoms industry rebounded in 2011, with service provider revenues and capex growing robustly compared to the same period in 2010, according to a new analyst report, but the industry is facing a significant slowdown over coming years.
 

Android replaces iOS as ‘most important' platform: report

Android has replaced Apple’s iOS in terms of importance to developers in the Asia-Pacific region in the last 12 months, according to a newly published analyst report, although there’s growing interest from developers in Microsoft’s Windows phone.
 

Google has a listening problem: report

Google’s announcement that it will start featuring results from Google Plus in search results as part of Google Social Search has drawn criticism and a suggestion that the search giant is not listening to how its users perceive change.
 

CES 2012 previewed – for consumers and business

The first major tech show of the year is nearly upon us, and with 2012 set to unleash all manner of exciting technologies (and undoubtedly some flops), CES is where we get to see a lot of new tech unveiled first – here’s what to expect.
 

Changing role ahead for CIOs: report

Big data analytics, security and cloud computing will be three of the most significant drivers of technological change in 2012, according to a new report, which also predicts that CIOs will become major enablers of innovation for the business, playing a central role in operational & commercial strategy.
 

OC market decline in tough economy

Worldwide economic uncertainty caused a softening in the global optical components market with a contraction of 0.2 per cent sequentially in the third quarter this year and a drop in OC industry revenues for the three months to $1.57 billion.