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Forecast to Exceed U.S. $9 Billion by 2012, Chinese Cloud Computing Market Presents Significant Opportunity for Cloud Backup and Recovery
TORONTO – March 23, 2011 –/BackupReview.info/– Asigra Inc., a leading cloud backup and recovery software provider since 1986 and Beijing Skycloud Technology Ltd, the cloud focused SI (system integrator) today announced a strategic partnership to bring cloud backup to the Chinese marketplace. Skycloud has joined Asigra’s international partner ecosystem to make cloud backup a reality for organizations throughout China.
According to analysts, China’s demand for cloud computing applications is growing at a compound annual growth rate of 87.4 percent. The market for cloud computing services has been forecast to top $9.24 billion dollars by the end of 2012 , up from $1.4 billion in 2009 as companies make the shift to cloud services. In a region where only 20% of small and medium businesses (SMBs) have a backup system, Asigra has identified a significant opportunity in cloud computing and seeks to be a leading enabler in the China’s emerging cloud services market.(1) [See footnote].
“Cloud backup will enable users to save large CapEx and leverage monthly or yearly OpEx to protect their valuable data or meet up unexpected backup demand”, said Kim Wang, General Manager of ESG-Sino. “Partnership of Asigra and Skycloud will drive China cloud backup readiness. Skycloud’s vision and resources in China cloud computing integration, together with Asigra’s proven cloud backup process and successes will accelerate China cloud backup growth in next 12 to 24 months.”
Skycloud Technology, founded in 2009 by current chairman Edward Tian, also founder of AsiaInfo (Nasdaq: ASIA) which brought broadband systems to China in the late 1990s, is hoping to lead similar revolutions in China with Skycloud’s portfolio of cloud solutions. Currently providing comprehensive cloud solutions including VDI and IaaS platforms for a wide range of customers including the three major Chinese telecoms and Pudong Software Park, Skycloud will now offer its customers the most comprehensive cloud backup and disaster recovery (DR) solution available through Asigra. This completes Skycloud’s data protection solution lineup and strengthens its position as one of China’s leading cloud solution integrators.
According to Eran Farajun, EVP, Asigra, “We are enjoying double-digit customer growth internationally and understand that cloud adoption in China will happen in a unique way, presenting challenges that require localized knowledge of the market. Skycloud, a cloud-focused SI, shares Asigra’s vision while offering a unique understanding and expertise in this region. Working together, we bring market experience and technological excellence to the table for a winning team that delivers affordable, highly secure, convenient backup solutions to the Chinese market.”
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