July 13, 2010
Fujitsu, Microsoft Partner Up For Cloud Computing Services
Microsoft and Fujistu have agreed on a partnership in global cloud computing, which is where data and programs are stored and accessed on remote servers through the Internet.
The cloud computing concept has grown in popularity during the economic downturn and also because of higher Internet speeds.
"Through this alliance, we are providing our customers with a new array of possibilities in cloud computing," Kazuo Ishida, corporate senior executive vice president for Fujitsu's ICT Services Business, told AFP news.
"Our partnership with Microsoft truly reflects Fujitsu's cloud strategy and will no doubt break new ground in contributing to the creation of an IT-networked society."
Japan-based Fujitsu said Friday that it hopes to generate $17 billion in revenue from its global cloud computing business by March 2016.
Fujitsu President Masami Yamamoto said that Japan's biggest IT service provider will invest $1.1 billion this financial year in cloud-related business, up 54 percent from the previous year, and will train 5,000 engineers by 2012.
The company said that it would expand its cloud computing platform to five locations outside Japan by March 2011, including: Australia, Britain, Germany, Singapore and the U.S.
Fujitsu recently set up a data center in China, which will start its operations by next year.
Fujitsu expects revenue from cloud computer of $509 million this year, which is more than double last year.
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