As more enterprises invest in big data, 960,000 new IT jobs will be created in the Asia-Pacific region in the next three years, but only one-third of these big data roles will be filled due to a skills shortage, according to a Gartner analyst. Speaking at Gartner’s annual Symposium/ITxpo on the Gold Coast, Gartner senior vice president and global head of research Peter Sondergaard told delegates that governments and organisations in the APAC region will need to focus on big data education and skills development, such as data science, to remain competitive. Social engineering, big data top security priorities for 2013: Gartner SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe Treasury CIO’s big data odyssey More ICT jobs as industry grows 11 per cent “Big data creates a new layer in the economy which is all about information, turning information, or data, into revenue,” he said. “This will accelerate growth in the global economy and create jobs.” However, he added that CIOs need to understand how to deal with hybrid data—the combination of structured and unstructured data—as well as dark data. “Dark data is the data being collected, but going unused despite its value and leading organisations of the future will be distinguished by the quality of their predictive algorithms. This is the CIO challenge, and opportunity,” Sondergaard said. IT spending In addition to a forecast growth in big data jobs, Gartner has also predicted IT spending in APAC to reach US$743 billion in 2013, an increase of 7.8 per cent from 2012. In the APAC region, this IT spending is forecast to be across the board. For example, the devices segment which includes PCs, tablets, mobile phones and printers is projected to total US$229.7 billion, a 12.3 per cent increase from 2012 spending. Data centre systems spending is tipped to reach $28.6 billion in 2013, a 9.5 per cent increase from 2012 while software spending will total $33.9 billion, up 11.9 per cent. In addition, IT services spending will reach $91.5 billion, up 7.5 per cent, and telecom services is projected to total $359.4 billion, a 4.8 per cent increase from 2012. “In Australia, IT spending is forecast to grow 3.2 per cent next year to reach A$75.5 billion [US$75.3 billion] while spending in New Zealand is forecast to grow 2 per cent in 2013 to reach NZ$11 billion [US$8.6 billion],” Sondergaard said. According to Gartner, these growth rates are slightly lower than global growth of 3.7 per cent, but higher than most countries in Europe where the average IT spending growth rate is forecast to grow only 1.4 per cent in 2013. “As global markets improve in 2013 and resume growth, Asia-Pacific remains one of the bright spots of the global IT market, allowing organisations in this region to accelerate competitiveness,” he said. “Organisations in Asia-Pacific will be able to innovate and compete using what we call the `nexus of forces’, or the intersection of cloud, mobile, social and information.” Hamish Barwick travelled to Gartner Symposium on the Gold Coast as a guest of Good Technology Follow Hamish Barwick on Twitter: @HamishBarwick Follow CIO Australia on Twitter and Like us on Facebook… Twitter: @CIO_Australia, Facebook: CIO Australia, or take part in the CIO conversation on LinkedIn: CIO Australia Related content opinion The changing face of cybersecurity threats in 2023 Cybersecurity has always been a cat-and-mouse game, but the mice keep getting bigger and are becoming increasingly harder to hunt. By Dipti Parmar Sep 29, 2023 8 mins Cybercrime Security brandpost Should finance organizations bank on Generative AI? Finance and banking organizations are looking at generative AI to support employees and customers across a range of text and numerically-based use cases. By Jay Limbasiya, Global AI, Analytics, & Data Management Business Development, Unstructured Data Solutions, Dell Technologies Sep 29, 2023 5 mins Artificial Intelligence brandpost Embrace the Generative AI revolution: a guide to integrating Generative AI into your operations The CTO of SAP shares his experiences and learnings to provide actionable insights on navigating the GenAI revolution. By Juergen Mueller Sep 29, 2023 4 mins Artificial Intelligence feature 10 most in-demand generative AI skills Gen AI is booming, and companies are scrambling to fill skills gaps by hiring freelancers to make the most of the technology. These are the 10 most sought-after generative AI skills on the market right now. By Sarah K. White Sep 29, 2023 8 mins Hiring Generative AI IT Skills Podcasts Videos Resources Events SUBSCRIBE TO OUR NEWSLETTER From our editors straight to your inbox Get started by entering your email address below. Please enter a valid email address Subscribe