India to leverage IBM's $38 Million investment in APAC data centre
Thursday, 31 March 2011, 19:13 Hrs
New Delhi: Technology giant IBM today announced a $38 million investment to set up a data centre in Singapore that will provide businesses in India with solutions and services for cloud computing. An user of cloud computing service can save on purchasing software for his IT related need as it is provided by the service provider and is charged on a pay per use model. Scheduled to launch in April, the new Centre will make available IBM's cloud services and technology portfolio, IBM said in a statement. The new facility will extend IBM's cloud delivery network with centres in Germany, Canada and the United States, and 13 global cloud labs, of which seven are based in Asia Pacific -- China, India, Korea, Japan, Hong Kong, Vietnam and Singapore. "The new Asia Pacific data centre will provide Indian organisations with the best available set of Cloud options to achieve their IT infrastructure ambitions in order to become successful businesses," IBM Global Technology Services, India/ South General Manager Asia Ashish Kumar said. According to research firm IDC, the Asia Pacific market for cloud computing services is expected to grow by 40 per cent annually through 2014 to reach $4.9 billion in value terms. "In India, we see a great opportunity for the software development industry and other IT driven businesses to leverage the IBM enterprise cloud offering in order to divert their test and development workload towards more productive use," Kumar said.