Computerworld Malaysia - Thailand to outspend Singapore in IT: IDC

Computerworld Malaysia - Thailand to outspend Singapore in IT: IDC: \

"Thailand has been tipped by research firm IDC to overtake Singapore in terms of IT spending in 2012.
Thailand is expected spend US$11 billion on IT while Singapore is forecasted to spend US$10.6 billion. According to IDC's latest IT spending forecast, the total IT spending for Southeast Asia will reach US$54.7 billion by 2012. Asia's new economic giant, Indonesia, will continue to lead the pack.
IDC projects that IT spending in Thailand will leapfrog ahead of Singapore, growing at a compound annual rate (CAGR) of 10.8 percent from 2012 to 2016."