Categories: Social Media News

Taiwan Forms Cloud Computing Consortium

Initiated by Taiwan’s Industrial Technology Research Institute, Taiwan Electrical and Electronic Manufacturers’ Association, and Taiwan Information Service Industry Association, and joined by 50 Taiwanese communications service enterprises, the Taiwan Cloud Computing Consortium has been established to improve Taiwan’s competitiveness in the global cloud computing market.

Lu Shyue-ching, director of TCCC and chairman of Chunghwa Telecom, predicted that by 2012, the total output of the global cloud computing industry is expected to reach USD409.6 billion, including USD100 billion from the consumer service sector and USD200 billion from the commercial service sector.

Lu said that the establishment of the consortium aims to promote the development of cloud computing software and three types of cloud computing applications: infrastructure as a service, platform as a service, and software as a service. The move will help Taiwan become an innovation base for cloud computing technologies.

According to the Taiwanese media, the government in Taiwan recently published its support four major technology projects, with cloud computing ranked first. The government plans to invest NTD10.09 billion in the next five years to promote the construction of cloud computing infrastructures, platforms, and services.

In February 2010, Chunghwa Telecom, Trend Micro, Taiwan’s Industrial Technology Research Institute, and Taiwan’s Institute for Information Industry announced plans jointly set up a cloud computing center and will invest NTD1 billion to establish a cloud computing business.

Social Media Asia Editor

Recent News

Trump’s hawkish cabinet picks signal tough stance on China

The announcements should not be a surprise. Donald Trump said he'd do things differently this…

19 hours ago

Americans are desperately Googling how to ‘move to Europe’. We should welcome them

I am resisting the temptation to write a lamentation of anger and sorrow about Trump’s…

19 hours ago

Donald Trump’s top team: Who is in, who is out and who are the leading contenders?

As the dust settles on Donald Trump's US election win, the president-elect has begun choosing…

19 hours ago

China’s GAC Aion reveals EV hatch to battle MG 4 in Australia

Yet another Chinese brand is coming to Australia, and it’s set to bring a small…

19 hours ago

As China mourns, some question delay in release of information about deadly car attack

In the hours since a 63-year-old man rammed his car into a sports centre in…

20 hours ago

Trump’s climate denial gives China its moment to lead. At COP29, it’ll seize the opportunity

Amid concerns over United States climate policy under Trump, China is strategically positioning itself as a leader in the fight against…

23 hours ago