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Unified communications is becoming an increasingly important tool for driving time to market and revenue streams. Frost & Sullivan, in its report, Meetings Around the World: Charting the Course of Advanced Collaboration, found that 71 percent of Fortune 500 companies surveyed said they use UC solutions to cut the need for business travel. The same report also found that more than half of those responding thought UC solutions presented a powerful alternative to in-person office visits.

Read more: Playing the global (telephone) numbers game

IDC's IT Services Predictions for 2016 and beyond for Asia Pacific region highlight the impact cloud-first and digital transformation over the next three years.

Read more: Asian IT heads for the cloud

South Korea, a nation no bigger than the US state of Indiana, saw its economy surge from 1962 to about 1994 at an average of 10 percent annually, fueled by annual export growth of 20 percent during a period called the ""Miracle on the Han River"".

Read more: South Korea tops ICT development, Internet speed & LTE coverage