Report: China Cloud Program Will More Than Double Data Center Capacity with Investment of USD 370 Billion
The Chinese government's five-year plan includes creating new cloud platforms.
In a new report by BroadGroup, China Cloud investment and data center developments are identified for the first time. Based on qualitative research and more than 100 face to face interviews, the report findings reveal a massive program that will more than double data center capacity by 2016 with an overall investment of USD370 billion.
The ‘China Cloud, Challenges and Opportunities in China’s Cloud Datacenter Deployment’ report describes the strategy to leapfrog technology dependence on foreign suppliers and generate long term economic growth for its 1.3 billion people. The Chinese government’s 12th five-year plan has distinguished itself globally by investing significantly in creating new cloud platforms, software, and applications supported by a program of massive cloud data center deployment.