Thursday, November 21, 2024

Google Cloud Fuels Diverse Asia Pacific Digital Initiatives | III Stock News

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According to a new ISG report, enterprises in the Asia Pacific region, including Australia, New Zealand, Southeast Asia, and India, are increasingly adopting Google Cloud services to drive digital transformation. These services are particularly influential in retail, finance, and healthcare due to their AI capabilities and strong partner ecosystem.

Google Cloud’s multifaceted approach supports different stages of cloud adoption across diverse markets by promoting hybrid and multi-cloud strategies and edge computing. Additionally, with new cloud regions planned for New Zealand, Malaysia, and Thailand, Google Cloud is meeting regional data sovereignty and compliance requirements effectively.

The report also highlights the role of generative AI in transforming industries and the collaboration between Google Cloud and AI/ML startups in the region. Key players like Accenture, Cognizant, HCLTech, and TCS have been identified as leaders across multiple cloud service quadrants.

Positive


  • Google Cloud services are driving digital transformation in the Asia Pacific region, enhancing competitiveness in retail, finance, and healthcare industries.

  • Planned establishment of new cloud regions in New Zealand, Malaysia, and Thailand aligns with regional data sovereignty and compliance needs.

  • Generative AI tools from Google Cloud are transforming industries, enhancing fraud detection, network efficiency, and retail optimization.

  • Strong collaboration with AI and ML startups in the region, particularly in India, is facilitating data modernization for enterprises.









Ecosystem partners integrate Google’s AI expertise in hybrid, multi-cloud systems across emerging and mature markets, ISG Provider Lens™ report says

SYDNEY–(BUSINESS WIRE)–
Enterprises in Asia Pacific are beginning to adopt services from Google Cloud and its partner ecosystem to support a growing number of digital transformation initiatives, according to a new research report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.

The 2024 ISG Provider Lens™ Google Cloud Partner Ecosystem report for Asia Pacific finds that companies in the region (which for this report covers Australia, New Zealand, Southeast Asia and India) are quickly embracing digitalization through cloud adoption and data modernization. Google Cloud has become a leading force in these trends, especially in the retail, finance and healthcare industries, often due to its strong partner ecosystem and advanced AI tools.

“Enterprises in Asia Pacific are becoming more competitive and resilient by migrating applications and data to the cloud,” said Michael Gale, partner and regional leader, ISG Asia Pacific. “Google Cloud services have significantly enhanced cloud data management at these companies.”

Cloud adoption is at different stages across this diverse region, with mature markets such as Australia, Singapore and Japan rolling out AI and advanced analytics while companies in emerging markets begin digital transformations and seek scalable IT solutions, the report says. But hybrid and multi-cloud strategies and edge computing are gaining traction as overall trends. Google is meeting these demands with a multifaceted approach and plans to establish new cloud regions in New Zealand, Malaysia and Thailand.

As governments in Asia Pacific tighten data sovereignty and compliance rules, enterprises seek cloud services specific to the region, the report says. Providers are meeting their needs with security architectures, encryption standards and compliance frameworks that align with local standards, building on Google Cloud’s regional data centers.

Generative AI (GenAI) is going from theory to reality in Asia Pacific, changing how some industries operate, ISG says. Businesses are exploring uses in content creation, design automation and personalized customer experience. The democratization of AI development, enabled in part by Google Cloud tools such as GenAI Studio, lets companies take advantage of AI even if they have limited expertise. Applications include better fraud detection by financial institutions, more efficient networks in telecommunications and inventory and price optimization in retail.

The high concentration of AI and ML startups in the region, especially in India, benefits enterprises that need to modernize their data management, the report says.

“Startups are working closely with Google Cloud and enterprise customers to solve data-specific challenges,” said Jan Erik Aase, partner and global leader, ISG Provider Lens Research. “Asia Pacific is a good place to be for AI and ML innovation.”

The report also examines other Google Cloud trends in Asia Pacific, including the growing use of Google Cloud tools to easily generate cross-cloud insights and the influence of Google’s distinct approach to gain control over AI-generated content.

For more insights into cloud challenges facing Asia Pacific enterprises, including the complexity of cloud migration and the need for cost optimization, plus ISG’s advice for overcoming these issues, see the ISG Provider Lens™ Focal Points briefing here.

The 2024 ISG Provider Lens™ Google Cloud Partner Ecosystem report for Asia Pacific evaluates the capabilities of 40 providers across five quadrants: Implementation and Integration Services, Data Analytics and Machine Learning, Managed Services, SAP Workloads and Workspace Services.

The report names Accenture, Cognizant, HCLTech, TCS and Wipro as Leaders in all five quadrants. It names Infosys and Persistent Systems as Leaders in four quadrants each and Capgemini and LTIMindtree as Leaders in three quadrants each. Genpact and Tech Mahindra are named as Leaders in two quadrants each. Cloud4C, Eviden (Atos), Kasna/Mantel Group, Quantiphi and Rackspace Technology are named as Leaders in one quadrant each.

In addition, Eviden (Atos) is named as a Rising Star — a company with a “promising portfolio” and “high future potential” by ISG’s definition — in two quadrants. NCS Group is named as a Rising Star in one quadrant.

A customized version of the report is available from Quantiphi.

In the area of customer experience, Genpact is named the global ISG CX Star Performer for 2024 among Google Cloud ecosystem providers. Genpact earned the highest customer satisfaction scores in ISG’s Voice of the Customer survey, part of the ISG Star of Excellence™ program, the premier quality recognition for the technology and business services industry.

The 2024 ISG Provider Lens™ Google Cloud Partner Ecosystem report for Asia Pacific is available to subscribers or for one-time purchase on this webpage.

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG’s global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG’s enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Canada, Mexico, Brazil, the U.K., France, Benelux, Germany, Switzerland, the Nordics, Australia and Singapore/Malaysia, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.

About ISG

ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI and automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,600 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.

Press:

Will Thoretz, ISG

+1 203 517 3119

will.thoretz@isg-one.com

Julianna Sheridan, Matter Communications for ISG

+1 978-518-4520

isg@matternow.com

Source: Information Services Group, Inc.








FAQ



What is the impact of Google Cloud on the Asia Pacific region?


Google Cloud services are driving digital transformation in the Asia Pacific, especially in retail, finance, and healthcare, by enhancing cloud data management and promoting AI capabilities.


Which new cloud regions is Google Cloud planning to establish?


Google Cloud plans to establish new cloud regions in New Zealand, Malaysia, and Thailand to meet regional data sovereignty and compliance requirements.


How is generative AI being utilized in the Asia Pacific region?


Generative AI is being used in the Asia Pacific for content creation, design automation, and personalized customer experiences, enhancing fraud detection, network efficiency, and retail optimization.


What role do AI and ML startups play in collaboration with Google Cloud?


AI and ML startups, particularly in India, are working closely with Google Cloud to solve data-specific challenges, facilitating data modernization and innovation for enterprises.


Who are the leaders in Google Cloud services according to the ISG report?


According to the ISG report, Accenture, Cognizant, HCLTech, and TCS are leaders across all five Google Cloud service quadrants.





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