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Forrester: APAC Tech Spend To Grow 7% Annually, Reaching US $876 Billion In 2027

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Spending in AI-augmented software and services will outpace other IT categories

HONG KONG, June 18, 2024 /PRNewswire/ — Forrester’s (Nasdaq: FORR) Asia Pacific Tech Market Forecast, 2023 To 2027 reveals that technology spending in Asia Pacific (APAC) will remain robust and grow by a Compounded Annual Growth Rate (CAGR) of 6.4% to 7.4% per year from 2024 to 2027, reaching US $876 billion in 2027.

Over the next few years, software spending will continue its rapid growth, followed by spend on IT services, communications equipment, and computer equipment. The share of software purchases will climb from 26.4% in 2024 to 30% of total tech spend in 2027, outpacing the other IT categories due to demand generated by AI and AI-augmented enterprise software and services.

In 2024, Forrester projects tech spend growth across countries in the Asia Pacific to be: 

4% in Australia. Reaching nearly A$73.5 billion (approximately US$49 billion), Australia’s digital growth is heavily influenced by sustainability efforts and the local services economy, which has remained strong.7.2% in China. Tech spending in China will hit ¥1,847 billion (approximately US$261.9 billion) in 2024. China’s efforts around governing AI risks and introducing regulation will contribute to this growth.10.8% in India. Estimated to reach ₹4,492 billion (approximately US$54.5 billion) in 2024, India’s domestic tech economy continues to enjoy strong growth due to an all-round digitization push from the central and state governments.5.6% in Singapore. In 2024, tech spending will grow to S$24.2 billion (approximately US$18 billion). “The Silicon Valley of Asia” remains a stable regional hub for technology talent and innovation.8.1% in the rest of Southeast Asia. Tech spending in six major Southeast Asian economies (Indonesia, Malaysia, Philippines, Thailand, Taiwan region, and Vietnam) will hit US$74 billion in 2024. Uptick in digital consumption spurred by large Millennial and Gen Z populations, favorable policy environments, and investments from tech giants will accelerate digital innovation.

“While challenges such as regulatory environments, global economic conditions, and talent shortages in the region present hurdles, overall, the APAC market is well-positioned for tech growth,” said Leslie Joseph, principal analyst at Forrester. “As the region continues to grow in importance in the tech world, new opportunities offered by the explosion of AI and the increased demand for cloud can be significant revenue and growth drivers for firms.”

Resources: 

Read Forrester’s Asia Pacific Tech Market Forecast, 2023 To 2027 report (client access required). Learn more about Forrester’s Asia Pacific Tech Market Forecast, 2023 To 2027, in this blog post. Discover how Forrester supports IT leaders and how to get the most out of emerging technologies being deployed.Register to attend Forrester’s live webinar to learn about the top 10 emerging technologies for 2024 in Asia Pacific.

About Forrester 
Forrester (Nasdaq: FORR) is one of the most influential research and advisory firms in the world. We help leaders across technology, customer experience, digital, marketing, sales, and product functions use customer obsession to accelerate growth. Through Forrester’s proprietary research, consulting, and events, leaders from around the globe are empowered to be bold at work — to navigate change and put their customers at the center of their leadership, strategy, and operations. Our unique insights are grounded in annual surveys of more than 700,000 consumers, business leaders, and technology leaders worldwide; rigorous and objective research methodologies, including Forrester Wave™ evaluations; more than 100 million real-time feedback votes; and the shared wisdom of our clients. To learn more, visit Forrester.com.

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SOURCE Forrester

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Health systems help Veterans access housing, food, and healthcare benefits through Epic’s interoperability with VA

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VERONA, Wis., Nov. 11, 2024 /PRNewswire/ — Thousands of Veterans have learned they’re eligible for healthcare, food and housing benefits through enhanced interoperability between VA software and Epic. Caregivers using Epic’s software can automatically screen every patient to determine Veteran status and help those who are Veterans access the benefits they’ve earned. The connection between Epic and the VA went live earlier this year and has already helped screen millions of patients and identify almost 100,000 eligible Veterans.

“I’ve seen firsthand how critical access to care can be, having lost friends who struggled to find support after returning home from deployment,” said Anthony Corso, a combat Veteran and leader of Epic’s interoperability efforts with the VA. “Veterans have earned excellent hands-on care from their communities, and this is one way to help ensure that they receive it.”

Tufts Medicine and Sanford Health were the first organizations to go live with the Epic-VA connection. Together, the organizations have connected thousands of Veterans to benefits under the new Promise to Address Comprehensive Toxics (PACT) Act—which provides additional benefits for Veterans exposed to burn pits, Agent Orange, and other toxic substances.

“Partnering with the VA and Epic on this initiative to securely share data and medical records will help us improve Veterans’ experience regardless of where they receive their care. Connecting Veterans to important community resources is important in providing more timely clinical care and guidance including preventive screenings,” said Roxana Lupu, M.D., chief medical information officer at Sanford Health, the largest rural health system in the U.S. “One-third of our nation’s Veterans live in rural areas. At Sanford Health, we are proud of our longstanding commitment to serving Veterans in communities across the rural Midwest.”

“Our work with Epic and the VA has enabled Tufts Medicine to make significant strides in how we support our Veteran patients,” said Dr. Shafiq Rab, CIO of Tufts Medicine. “Since going live in January, we’ve retained the Veteran status field within our patient access system, allowing us to use both self-reported and VA-verified status. This ensures our clinicians can acknowledge and respond to a patient’s Veteran status right from the start, enabling them to determine the best clinical services for each individual. This initiative has allowed us to focus on the unique needs of Veterans and offer them the respectful care they deserve.”

The VA connection is the latest in Epic’s years-long effort to expand interoperability so that people’s medical data is available wherever they receive care. Epic built the first Electronic Health Record-based interoperability network and has partnered with others to create nationwide exchange frameworks such as Carequality and TEFCA. Today, 100% of health systems that use Epic are interoperable, helping improve care coordination and clinical outcomes for millions of people.

Epic is a global healthcare software company that helps people get well, helps people stay well, and helps future generations be healthier. Founded in a basement in 1979 with three half-time employees, Epic is now the leading EHR software developer in the United States. Epic supports healthcare organizations in 16 countries, with more than 3,000 hospitals using Epic and over 190 million patients using Epic’s MyChart patient portal to manage their care online.

For more information contact: media@epic.com. Visit www.epic.com/about.

View original content to download multimedia:https://www.prnewswire.com/news-releases/health-systems-help-veterans-access-housing-food-and-healthcare-benefits-through-epics-interoperability-with-va-302300547.html

SOURCE Epic

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Fineshare New Upgrade: Easily Generate Ideal AI Voices and Songs In Various Styles

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LOS ANGELES, Nov. 11, 2024 /PRNewswire/ — Fineshare has continued its way on the path of innovation since the foundation, and released various voices solutions to satisfy diverse creation needs. After the long exploration in AI voice field, Fineshare successfully evolved into an online all-in-one AI voice generator. Fineshare AI voice generator is capable of reproducing tones and intonations in human voices with high fidelity, whether it’s speaking or singing. It’s meant to break down language and communication barriers, ushering in a whole new era of digital interaction.

Fineshare’s versatile AI voice cloning is able to generate lifelike natural human voices quickly, and allows users to create unique AI voice models of different styles and languages in just one minute with a low cost of $1. The AI voice models not only available for Text to Speech and Voice Changer, but can also be applied in features like generating AI Song Covers, promising a more diverse creation experience.

In addition, Fineshare has also released a comprehensive AI Voiceover solution that enables users to create professional voiceovers with ease. This solution simplifies the creation workflow, and also greatly saves time and cost during the process, allowing every creator to quickly acquire the ideal voiceover.

Besides creating AI voiceovers from scratch, Fineshare helps change voices in audio files too, making them closer to users’ preference. The vast AI voice library contains 2000+ resources across 149+ languages for diverse creation, users can find any voice to their liking here. No matter what style or language for an AI voice are required, Fineshare can always meet the needs, bringing unlimited possibilities to the creation. Moreover, for streamers and gamers, Fineshare also provides features like real-time AI voice changer to dramatically enhance streaming and gaming sessions.

“AI voice is changing people’s digital interaction and how people interact with devices, we are building a platform that offers the best AI voices for everyone’s need, enhancing their ways of life and work,” Co-founder of Fineshare, Jared says. “We aim to simplify creations of AI voice and audio, making them accessible to everyone. Whether it’s for entertainment or commercial purposes, Fineshare always has powerful, flexible, and personalized AI voices for you.”

Top Products of Fineshare:

FineVoice: AI voiceover studio that requires no expensive equipment and professional crew. Easily create high-quality voiceovers with favored voices in a personalized way.

VoiceTrans: Real-time AI voice changer integrated with comprehensive soundboards, enhancing online communication on both desktop and mobile.

Singify: AI song cover generator that converts original song into any AI voice in only 3 simple steps.

Compatibility and Pricing: Fineshare is available on Desktop, Mobile, and Web, offering both Free Plan and Paid Plan.

Related Links:

https://www.fineshare.com/
https://www.fineshare.com/finevoice/
https://www.fineshare.com/ai-song-cover/
https://www.fineshare.com/voicetrans/ 

Social Media:
Facebook: https://www.facebook.com/FineShareSoft
X/Twitter: https://twitter.com/FineShare_Soft
YouTube: https://www.youtube.com/@fineshare
Instagram: https://www.instagram.com/fineshareofficial_/

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

View original content to download multimedia:https://www.prnewswire.com/news-releases/fineshare-new-upgrade-easily-generate-ideal-ai-voices-and-songs-in-various-styles-302300424.html

SOURCE Fineshare Co., Ltd.

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MONTROSE ENVIRONMENTAL GROUP TO ATTEND THE BAIRD 2024 GLOBAL INDUSTRIAL CONFERENCE

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LITTLE ROCK, Ark., Nov. 11, 2024 /PRNewswire/ — Montrose Environmental Group, Inc. (the “Company,” “Montrose” or “MEG”) (NYSE: MEG) today announced that the Company will attend the Baird 2024 Global Industrial Conference in Chicago, IL on Tuesday, November 12, 2024. In conjunction with Montrose’s attendance at this conference, the Company will post a copy of the presentation it intends to use in the Investors section of its website.

About Montrose

Montrose is a leading environmental solutions company focused on supporting commercial and government organizations as they deal with the challenges of today and prepare for what’s coming tomorrow. With ~3,400 employees across 100+ locations worldwide, Montrose combines deep local knowledge with an integrated approach to design, engineering, and operations, enabling Montrose to respond effectively and efficiently to the unique requirements of each project. From comprehensive air measurement and laboratory services to regulatory compliance, environmental emergency response, permitting, engineering, and remediation, Montrose delivers innovative and practical solutions that keep its clients on top of their immediate needs – and well ahead of the strategic curve. For more information, visit www.montrose-env.com.

Contact Information:

Investor Relations:
Adrianne D. Griffin
(949) 988-3383
ir@montrose-env.com

Media Relations:
Sarah Kaiser
(225) 955-1702
pr@montrose-env.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/montrose-environmental-group-to-attend-the-baird-2024-global-industrial-conference-302300674.html

SOURCE Montrose Environmental Group, Inc.

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