{"id":13868,"date":"2012-08-17T04:08:19","date_gmt":"2012-08-17T04:08:19","guid":{"rendered":""},"modified":"2012-08-17T04:08:19","modified_gmt":"2012-08-17T04:08:19","slug":"New-digital-economy-to-hit-US-20-4-Tril-globally-by-2013","status":"publish","type":"post","link":"https:\/\/asiancemagazine.com\/?p=13868","title":{"rendered":"New digital economy to hit US$20.4 Tril globally by 2013"},"content":{"rendered":"

The new digital economy may hit a whopping US$20.4 trillion globally by next year, according to the International Data Corporation.<\/strong><\/p>\n

Leading the pack are infocomm giants like Google who made it big, partly, by tapping and gathering information jointly with ordinary users.<\/p>\n

It’s that user-oriented approach that is rapidly influencing business.<\/p>\n

Facebook, Instagram, Google<\/strong> – these are companies that tap the exponential impact information has on the way people interact and make everyday decisions.<\/p>\n

The message from experts at an Infocom Development Authority conference is that user-oriented models are a key trend of the future digital economy.<\/p>\n

For Microsoft, it also means finding new ways to make the digital experience simple and seamless from your tablet PC, to the cashier at the supermarket.<\/p>\n

Chief technology officer of Public Sector Asia at Microsoft, Michael Thatcher, said: <\/strong>“The computer itself is becoming more and more less visible to us. We are less and less conscious of the fact that we are interacting with a smart device. You may have a computer device in your car that is tracking where you are going, like the ERP system in Singapore, that is also a system that is interconnected and its seamless.”<\/p>\n

Microsoft pumps over US$9 billion annually into research and development, reflecting the importance of end-user experience.<\/strong><\/p>\n

As technology becomes more integrated, experts expect the digital market grow significantly with mobile network revenue alone expanding globally by seven-fold from 2011 to US$1.2 trillion by 2020.<\/p>\n

37 per cent of which, will be from the Asia Pacific region, according to the Groupe Speciale Mobile Association.<\/strong><\/p>\n

Source AP<\/em>
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