| Technology | | | ZTE eyes USD2 Billion in 2011 from Cloud Computing Products | | | TT Correspondent | | 26 May 2011 | | |   ZTE Corporation a global provider of telecommunications equipment and network solutions, announced on Wednesday that the company hopes to strategically venture into the IT industry by taking advantage of cloud computing, aiming to pocket over USD2 billion from cloud computing-related offerings in the enterprise market in 2011. These offerings will include datacom products, enterprise networks and servers, and storage products for government networks.
Meanwhile, Mr. Wang Wei, SVP of ZTE Corporation commented that in its traditional telecom-class market, ZTE hopes to become one of the top three solutions providers in the market for operators, providing an entire range of solutions including PaaS (Platform as a service), SaaS (Software as a service), and IaaS (Infrastructure as a Service).
On the one hand, the company will put the traditional applications of its operator customers in “cloud”, to re-plan resources against pipes such as the scattered base-stations, redundant storage assets, and servers with unbalanced workload; to maximize the efficacy of assets. On the other hand, it will also work together with the operators to implement innovations in areas including business cloud and application cloud, to explore the industry’s vast opportunity.
Gartner expects that in the global cloud computing market of 2011, the size of the PaaS+SaaS segment will amount to US$84.63 billion, and the size of the IaaS segment will be roughly US$6 billion. That means there is huge space for operators to build PaaS and SaaS and to lease computing capacity and applications. |
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