SYDNEY, Oct 14 (Bernama-BUSINESS WIRE) — Enterprises in Asia Pacific are quickly adopting new application development and maintenance (ADM) technologies as they carry out digital transformations, 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™ Next-gen ADM Services report for Asia Pacific finds that the region’s ADM market is expanding rapidly, mostly driven by organizations upgrading legacy systems, migrating to the cloud and integrating advanced technologies such as AI and ML. The global market for ADM and infrastructure services grew 57 percent in Q2, thanks largely to burgeoning demand in emerging APAC markets, according to the most recent ISG Index™.