Public Sector Spending on the Rise: Managing Director Oracle APAC

Steve Au Yeung, MD Executive VP Oracle APAC

Steve Au Yeung, MD and Executive Vice President for Oracle’s Asia Pacific Division explains that he sees IT spend definitely on the rise over the next 3 years. “There is a pretty obvious change of sentiment from last year to this year. Last year people were still very skeptical, however the investment we’ve seen investment come back in the last quarter.”

Obviously every country has a different trend for each industry, but generally speaking, Steve sees an increase in Public Sector projects. “In Singapore, for example, the Government is automating all its citizen’s health records. Similarly, across the  ASEAN countries, I see a lot of World Bank funded projects.”