Cloud Computing News — The global personal cloud market is expected to top almost $90 billion (£58.5bn) in revenue by 2020, according to the latest forecast by Allied Market Research. The research firm anticipates a compound annual growth rate (CAGR) of 33.1% between 2015 and 2020, with growing customer awareness cited as boosting growth and personal cloud for individuals continuing to lead the market.
PR Newswire Europe — PORTLAND, Oregon: According to a new report by Allied Market Research titled, “World Personal Cloud Market- Opportunities and Forecasts, 2014-2020,” the world personal cloud market is estimated to garner revenue of $89.9 billion by 2020, registering a CAGR of 33.1% during 2015-2020. Growing customer awareness is expected to boost the growth of the personal cloud services in future. Personal cloud for individuals, which is the foremost application of these solutions, would continue to lead the market in future. However, the growing demands from the Asia-Pacific region would lead to a major turnaround in the market.
Deccan Herald — Addressing reporters, End-User Computing Asia Pacific and Japan Vice President Sanjay K Deshmukh said, “The company’s strategy aims to free businesses from more than a decade of client-server focused IT, which enabled mobile access to a limited number of productivity applications, and now deliver a more user and application-centric experience.”
Taiwan-based PC maker Asustek announced the launch of its ZenWorld cloud ecosystem program on Aug. 18, teaming up with software, hardware vendors as well as IoT providers, reports our Chinese-language sister paper Commercial Times. The purpose of ZenWorld is to leverage the resources and business advantages of Asustek and its partners through Asustek’s cloud platform, collaborating with software developers to promote new products or services to end users, said Peter Wu, CEO of Asustek’s cloud division.
Times of India — MUMBAI: Global electronic manufacturing giant Foxconn has announced it will invest $5 billion over the next five years in Maharashtra, which has given the Taiwan-based company 1,500 acres of land for its plant. Foxconn chairman Terry Gou said the facility in Maharashtra will focus on research and development as well as manufacturing, and the company has chosen the state for being a financial centre, availability of quality talent and software-hardware integration facilities.
Taiwan-based Acer is looking to export its cloud computing services to other countries and has targeted China, India, Malaysia and the Philippines as it looks for local system integrators for cooperation. Acer’s president of Pan-Asia Pacific Regional Operation Oliver Ahrens noted that the company is developing fast in both China and India and has already seen progress in a few cases in Malaysia. Acer’s president of Build Your Own Cloud (BYOC) business Maverick Shih pointed out that the business has three major product lines: cloud computing services, which the company is aggressively looking to export; Internet of things (IoT); and Acer Octon, the telecom solution unit. The company is also seeing strong orders for related solutions.
Acer’s Build Your Own Cloud (BYOC) platform currently has three million users and the number is estimated to reach five million by the end of 2014 and to surpass 10 million in 2015, according to BYOC business manager Maverick Shih. Acer’s BYOC business has already established a business model in the B2B market and is currently expanding its reach to sectors such as healthcare, telecommunication, automobile and smart family. As for the B2C market, Acer is currently offering free services and will start trying out paid services after having enough users to offer them more choices.
Acer is set to unveil more details on its Build Your Own Cloud (BYOC) system on May 29 and which will integrate Taiwan’s software and hardware players to create an ecosystem for Taiwan’s IT industry to compete in the worldwide market, Acer chairman Stan Shih said at a meeting on May 21.
Acer will launch BYOC (build your own cloud) solutions in the third quarter of 2014, according to company chairman Stan Shih. Acer’s BYOC solutions enable individual or enterprise users to access data or content stored on their PC using PCs, notebooks, tablets or smartphones via the Internet. BYOC frees enterprises of worries about information security when using public cloud services.