Infrastructure Investments Making Headlines
October 22, 2010
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.