We believe that moving to cloud is an
unstoppable trend and in the foreseeable future all IT assets will move to the
cloud, no matter the reason is for reduced CAPEX, cost cutting, hardware
savings, or energy use & carbon emissions reduction, and other millions of
reasons. This is the main reason we name the event as
CLOUD. We hope
this event series will help the development of cloud computing in the countries
where this event series will be held.
Worldwide spending on cloud computing
services amounted to US$
90 billion in 2011, with 60% market
share of US market, 24.7% of Europe and 10% of Japan, according to a white paper
by China Academy of Telecommunication Research of MIIT (Ministry of Industry and
Information Technology, China). And global cloud computing services revenue is
expected to hit US$148.8 billion
2014, forecast by Gartner.
Asian countries are very ambitious to
be leaders in cloud computing. For example, the
South Korean government has decided
to invest US$ 500 million in both public and private sector cloud initiatives,
and intends to raise their investment to US$ 2 billion by 2014, aiming to grab
10% of the worldwide market then. The
Japan’s market was reported a 41.9 percent increase in 2010 and will
continue to expand to USD 1.8 billion in 2014, IDC analysts predicted.
China is set to pour US$ 154 billion to
develop cloud computing hubs, according to Asia's first "Cloud Readiness Index,"
prepared and published by the Asia Cloud Computing Association.
In 2012, up to two-thirds of the
total cloud investment is estimated to come from SMBs in Korea, China, and
India, investing up to US$ 11 billion
in cloud-related technologies. While the strongest growth among Asia-Pacific
economies is expected to take place in China, AMI-Partners expect the ASEAN markets to be the next fastest growing sub-region,
with an annual growth potential of over 20%. As the leader of worldwide growth
of the cloud computing markets over the next five years, Asia-Pacific markets
will provide ICT vendors with the strongest growth opportunities.