Australian companies being out-innovated by China, India

[1] Compared to Asian counterparts, Australia’s companies have not fully recognized the significance of technology and innovation in improving one’s earnings.

[2] The research hails from the report entitled, “The Future of CIOs: Which Way Is Up?” which included many respondents from various countries, of which 200 are Australians.

[3] Only 21% of Australian respondents agreed that organizations are increasing the amount spent on IT every year.

Source: https://www.businessspectator.com.au/news/2014/11/20/information-technology/australian-companies-being-out-innovated-china-india