Indian IT services export over $150 billion • The Register
Asia in brief India’s software-related services industry earned more than $150 billion for the first time in 2021-22, according to the country’s Reserve Bank (RBI).
In Data Released late last week, the RBI found that industry revenue grew by 17.2% over the reporting period.
The United States and Canada were the top destinations for software exports with $86.9 billion, or 55.5% share. Europe racked up $48.6 billion in spending on services provided from India, with the UK responsible for $23.3 billion.
Services provided offsite accounted for $139.2 billion of all expenditures.
The RBI attributed $4.5 billion in spending to software development, and $42.3 billion to business process outsourcing. Unspecified “computer services” accounted for the remaining $101.7 billion.
APAC’s IT budget will increase: IDC
Analyst firm IDC’s Worldwide ICT Spending Guide Enterprise and SMB by Industry projects that ICT spending in Asia/Pacific* will grow more than 3.8% in 2022 and accelerate to a compound annual growth rate ( CAGR) of 5.2% by the end of 2026.
“ICT spending in the region has shifted from exuberant growth last year to strategic growth,” said Vinay Gupta, IDC’s research director for spending guides in the APC region. “Technology budgets are stable at present. However, leaders will pay more attention to technology investments because they represent a much larger share of expenses and also to allow them sustainable business growth,” he said. added.
Growth in the region remains uneven. Resource-rich countries like Indonesia and Australia have done well in recent years, so local businesses have enjoyed favorable economic conditions and happily spent on IT. But both countries are heavily exposed to a slowing Chinese economy, which could hurt their IT prospects and spending.
Other APAC countries may also slow spending in 2022 due to tough economic conditions. 2023 will also be challenging as the education sector spent a lot of money during the worst of the COVID-19 pandemic.
But IDC predicts wholesalers will soon ramp up spending and the region will hit $1.4 trillion in annual IT spending by 2026.
Google localizes products and services for APAC
Google is consolidating its teams across the APAC region. In an interview in Japan Nikkeisenior vice president Prabhakar Raghavan said the search and advertising giant realized that its product must reflect local culture to be successful.
As an example, Raghavan said a fifth of search queries in India are spoken and are often long. As India has more than 20 widely spoken languages, Google needs to tailor its products to the needs of these users.
The additional hiring in the region also reflects Google’s desire to remain relevant to young people, who gravitate to TikTok and other short video platforms.
China orders publishers not to create addictive news feeds
China’s Cyberspace Administration last Friday sorder online services that use pop-ups and notifications to clean up their acts.
Service providers were urged not to implement algorithm models that induce users to engage in addiction, or use algorithms to “maliciously block information, over-recommend, etc.; information that may affect their physical and mental health”.
The services were also urged to use pop-ups to feature important news and, according to machine translation, “not to focus on pushing or exaggerating hot and sensitive social events, vicious cases, disasters, etc. panic”.
And of course, China requires that pop-ups only link to approved news sources, without altering their titles or body text.
The clear marking of the advertisement is another requirement.
Service providers have until September 30 to do so, under penalty of “supervision”.
Pakistan opens portal for VPN registration
Pakistan has long banned the use of VPNs, except for some freelancers and organizations such as foreign missions who can justify their use. Applying for these exemptions previously required registration with an internet service provider. Over the weekend, the Telecommunications Authority of Pakistan announced that it had created a portal through which to submit applications to run a VPN.
Now, public and private sector organizations, foreign missions and freelancers, who wish to use VPN for legitimate purposes, must register their VPN using the online application available at https://t.co/x18o5LjaIJ. before October 31, 2022, to avoid disruptions.
— PTA (@PTAofficialpk) September 10, 2022
The application process remains onerous, requiring provision of the static IP address to be used and proof that the VPN will be used for business purposes.
NTT plans sixth data center in Malaysia
NTT Ltd has started work on a sixth data center in Malaysia.
Cyberjaya 6 (CBJ6) will complement the existing CBJ5 and together they will deliver a total load of 22 MW.
NTT is using its Malaysian facilities to serve customers across the region, an ambition that will be reinforced when the MIST submarine cable linking Malaysia, Singapore and India comes online and connects to its data centers.
Ooredoo leaves Myanmar
Qatar-controlled carrier Ooredoo leaves Myanmar.
Unlike rival Telenor, who quit after deciding he couldn’t do business under Myanmar’s military junta, Ooredoo said its decision was driven by a strategy to focus on markets in which it is a leader.
Ooredoo is considered the fourth carrier in Myanmar.
Singaporean conglomerate Nine Communications, which has other telecommunications interests, will acquire Ooredoo Myanmar for about $576 million and a total equity consideration of $162 million.
Philippines investigating SMS phishing
The Philippine Senate has ordered an investigation into a wild wave of text phishing that has flooded the country with more than a billion messages in recent weeks.
Many messages use recipients’ names, prompting investigations into how spammers were able to match subscriber numbers and names.
In other news
The registerLast week’s regional coverage included news of an extraordinary plan to establish a semi-autonomous cryptocurrency haven in the collapsing Marshall Islands after its backers were accused of bribing legislators using money from China.
We also looked at Pakistani politicians questioning the jurisdiction of the national cybersecurity agency.
China has accused the United States of leading cyberattacks on a university that conducts aerospace research, revealing the allegation at the start of Cybersecurity Week.
The United States later eased restrictions on the technologies Huawei has access to, in the name of allowing its own companies to participate more fully in standardization processes.
Washington also introduced an interesting condition for those seeking grants to build semiconductor facilities in the United States: prohibiting bidders from building in China as well.
In India, Google has launched a pilot project to test whether it should allow real-money gambling apps on the Play Store. Also in India, Technology Minister Rajeev Chandrasekar challenged Wikipedia’s moderation processes after false information felt to incite separatist sentiments was added to a cricketer’s profile. ®