And to provide some guidelines that will help businesses make well-informed buying decisions, ZDNet Asia is happy to unveil this year's list of top 50 IT vendors. Companies that triumphed their way into the Top Tech 50 Index 2006/2007 have proven their weight in terms of financial performance, track record and commitment to the Asian market.

There are 13 newcomers in this year's Index, compared to last year's list. However, as one industry observer notes, there should be more representation from Asia.

According to Pierre Hennes, a partner at Upstream Ventures, Asian businesses today are still investing much of their IT budget on products and services offered by MNCs (multinational corporations). He pointed to the companies on ZDNet Asia's Top Tech 50 Index--which contain fewer than ten Asian IT vendors, excluding Japan--as a clear reflection of this trend.

There are fewer than 10 Asian companies, excluding vendors from Japan, on the Top Tech 50 Index 2006/2007. Read full report...