Infrastructure Investments Making Headlines

Cloud computing investment continues to make headlines — and management teams along with venture capital firms persist in striving to move their businesses over to one of the hottest technology trends out there. A couple of weeks ago NEC (one of Japan’s largest tech companies) announced plans to invest approximately $1.2 billion in data centers in an effort to attract more overseas business. See the Information Age article here.

“The company intends to grow its cloud
services revenue tenfold to $1.3 billion by 2012.

And earlier this year Fujitsu, Japan’s largest IT services provider, made a similar announcement claiming to invest around $600 million into new data centers.

Recently the folks over at Gartner predicted that cloud computing will lead the view into 2011. This is the 2nd year in a row Gartner has declared that cloud computing will be a significant player.

Whether for creating its own private cloud, or leasing out its infrastructure like an Amazon S3 (AWS) to other companies, cloud computing continues to grab headlines all over the industry.

Peter Zotto
Peter Zotto
GM

Peter Zotto is the GM at Price Intelligently. Previously he was an analyst at OpenView where he helped to identify qualified investment opportunities.
You might also like ...
VC Insights
Investors Predict What’s Next In Identity and Access Management

97% of security executives plan to expand or continue existing spend on identity and access management tools in 2021. 

by Kaitlyn Henry, Eliza Loring
Product
An Overview of the Growing "SaaS Enabled Marketplace" Ecosystem
Editor's note: This post originally appeared on Medium. You can read it here. As a VC firm focused on both...
by Clement Vouillon
Tech Trends
CMO: The Most Blamed Role in Business
In a March 2014 article for the Wall Street Journal, Suzanne Vranica shared the results of a study that suggested...
by Scott Maxwell