Synopsis
This report presents the findings from a survey of 118 South Korean enterprises regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how South Korean enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting
Scope
This report presents the findings from a survey of 118 South Korean enterprises regarding their Information & Communications Technology (ICT) investment trends. The survey investigates how South Korean enterprises currently allocate their ICT budgets across the core areas of enterprise ICT expenditure: hardware, software, IT services, communications, and consulting.
The report illustrates the core technologies enterprises are investing in, including security, content management, business intelligence, and cloud computing. The survey also highlights the approach adopted by enterprises in South Korea to purchase technology. Through Kable Market Research’s survey, the report aims to provide better insight to ICT vendors and services providers when pitching their solutions to enterprises in South Korea.
In particular, it provides an in-depth analysis of the following:
• Understand how ICT budgets are set to change in 2014 in terms of their overall size.
• Appreciate how IT budgets are allocated across the core elements of IT spend, including hardware, software, services, communications, and consulting.
• Learn how IT South Korean Won (KRW) is being spent in areas such as the data centre, applications, IT management and the network.
• Gain an understanding regarding which ICT functions South Korean enterprises are interested in outsourcing.
• Identify South Korean enterprises’ investment priorities based on their budget allocations across core technology categories such as security, content management, business intelligence, and cloud computing.
• Learn about the drivers that are influencing South Korean enterprises’ investments in each technology category.
• Establish how South Korean enterprises’ IT budgets are currently allocated across various segments within a technology category.
• Gain insight into how South Korean enterprises plan to change their ICT budget allocations across various segments within a technology category.
• Understand the vendor mindshare for various core and advanced technology categories.
• Provides insight into South Korean enterprises’ preferred buying approaches.
• Comprehend the business and IT objectives that South Korean enterprises are looking to achieve through their IT investment strategies.
• Understand the factors that are influencing South Korean enterprises’ decision to select an ICT provider.
Summary
• According to the survey, a considerable proportion (X %) of respondents are planning to increase their ICT budget in 2014, representing a whopping X% increase compared to 2013.
• In 2013, enterprises allocated the highest proportion (X %) of their average ICT budget to hardware, primarily driven by growing demand for communication equipment and client computing devices.
• Korean enterprises allocated the highest proportion of their software budgets to application lifecycle management (ALM) (X %), followed by information management (X %) and enterprise applications (X %).
Reasons To Buy
• This report will help readers to understand how South Korean enterprise ICT landscape is set to change in 2014.
• Gain a view as to how ICT South Korean Won (KRW) is being allocated in your target audience.
• The report covers a detailed breakdown of the opportunities within each of the core areas of ICT spend (hardware, software, IT services, telecommunications & consulting.)
• The report will help users to gain a view of the current strategic objectives of South Korean enterprises.
• The report will provide a detailed breakdown of the opportunities within selected technology categories (security, content management, business intelligence, and cloud computing).
• Understand the factors that are influencing South Korean enterprises’ decision to select an ICT provider.
• Gain a view as to the business and IT objectives South Korean enterprises are looking to achieve through their ICT investment strategies.
Table of Contents
1 Trends in ICT budgets
1.1 Introduction
1.2 Survey demographics
1.3 ICT budget changes
1.4 ICT budget allocation by core technology area
1.4.1 Hardware budget breakdown
1.4.2 Software budget breakdowns
1.4.3 Third party IT services expenditure
1.4.4 Telecommunications budget
1.5 ICT budget allocation by function
1.6 Outsourced IT functions
2 ICT investment priorities and vendor mindshare
2.1 Introduction
2.2 Core technology investment priorities
2.2.1 Business intelligence
2.2.2 Security
2.2.3 Content management
2.2.4 Cloud computing solutions
3 ICT procurement trends
3.1 Introduction
3.2 Purchasing channels
3.3 Business objectives influencing IT investment strategy
3.4 IT objectives influencing IT investment strategy
3.5 ICT provider selection
4 Summary
4.1 South Korean enterprises are looking to adopt newer ICT technologies to enhance their functional efficiency and achieve sustainable growth
5 Appendix
5.1 Definitions
5.2 Further reading
5.3 Contact the authors
List Of Tables
Table 1: South Korean enterprise ICT survey industry breakdown
Table 2: South Korean enterprise ICT survey breakdown by size band (number of employees)
Table 3: Recent and expected ICT budget changes among South Korean enterprises
Table 4: South Korean enterprises’ (external) ICT budget allocation, 2013 and 2014
Table 5: South Korean enterprises’ average hardware budget allocation
Table 6: South Korean enterprises’ average software budget allocation by technology
Table 7: South Korean enterprises’ average IT services budget allocation
Table 8: South Korean enterprises’ average IT consulting services budget allocation
Table 9: South Korean enterprises’ average telecommunications budget allocation
Table 10: South Korean enterprises’ ICT budget allocation by function, 2013 and 2014
Table 11: Outsourced IT functions - South Korean enterprises’ current and future outsourcing priorities
Table 12: Current and future investment priorities of South Korean enterprises across core technologies
Table 13: Business intelligence – South Korean enterprises’ current and future investment priorities
Table 14: Business intelligence – vendor mindshare amongst South Korean enterprises
Table 15: Security – South Korean enterprises’ current and future investment priorities
Table 16: Security – vendor mindshare amongst South Korean enterprises
Table 17: Content management – South Korean enterprises’ current and future investment priorities
Table 18: Content management – vendor mindshare amongst South Korean enterprises
Table 19: Cloud computing solutions – South Korean enterprises’ current and future investment priorities
Table 20: Cloud computing solutions – vendor mindshare amongst South Korean enterprises
Table 21: South Korean enterprises' preferred approach to buying technologies
Table 22: Business objectives which influence South Korean enterprises' IT investment strategy
Table 23: IT objectives which influence South Korean enterprises' IT investment strategy
Table 24: Factors influencing South Korean enterprises' decision to choose an ICT provider
List Of Figures
Figure 1: South Korean enterprise ICT survey industry breakdown
Figure 2: South Korean enterprise ICT survey breakdown by size band (number of employees)
Figure 3: Recent and expected ICT budget changes among enterprises
Figure 4: South Korean enterprises’ (external) ICT budget allocation, 2013 and 2014
Figure 5: South Korean enterprises’ average hardware budget allocation
Figure 6: South Korean enterprises’ average software budget allocation by technology
Figure 7: South Korean enterprises’ average IT services budget allocation
Figure 8: South Korean enterprises’ average IT consulting services budget allocation
Figure 9: South Korean enterprises’ average telecommunications budget allocation
Figure 10: South Korean enterprises’ ICT budget allocation by function, 2013 and 2014
Figure 11: Outsourced IT functions - South Korean enterprises’ current and future outsourcing priorities
Figure 12: Current and future investment priorities of South Korean enterprises across core technologies
Figure 13: Business intelligence – South Korean enterprises’ current and future investment priorities
Figure 14: Business intelligence – vendor mindshare amongst South Korean enterprises
Figure 15: Security – South Korean enterprises’ current and future investment priorities
Figure 16: Security – vendor mindshare amongst South Korean enterprises
Figure 17: Content management – South Korean enterprises’ current and future investment priorities
Figure 18: Content management – vendor mindshare amongst South Korean enterprises
Figure 19: Cloud computing solutions – South Korean enterprises’ current and future investment priorities
Figure 20: Cloud computing solutions – vendor mindshare amongst South Korean enterprises
Figure 21: South Korean enterprises' preferred approach to buying technologies
Figure 22: Business objectives which influence South Korean enterprises' IT investment strategy
Figure 23: IT objectives which influence South Korean enterprises' IT investment strategy
Figure 24: Factors influencing South Korean enterprises' decision to choose an ICT provider
