25 Jul '11, 4pm

Cloud computing in Asia estimated at US$4.2 billion business by 2014. Big opportunity to transform IT

Cloud computing in Asia estimated at US$4.2 billion business by 2014. Big opportunity to transform IT

SINGAPORE : The cloud computing market in Asia is expected to quadruple by 2014, and be worth about US$4.2 billion. That is according to Dell, who wants a piece of the action. In the current fiscal year, the IT company has pledged to invest US$1 billion in technology solutions, such as cloud data centres. The way data is accessed is being revolutionised by cloud computing. With cloud computing, data can be retrieved via Internet applications. This removes the need for installation of on-premise software applications and corresponding license fees. Traditionally, major IT companies charge each user or each desktop an annual license fee for the use of on-premise software. Andew Milroy, vice president of ICT Practice, Asia Pacific at Frost & Sullivan, said: "A lot of companies have found that very expensive. So what has happened is, certain types of software companies - Sales...

Full article: http://www.channelnewsasia.com/stories/corporatenews/view...

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