 "Fujitsu injects $2 bn in cloud; aims to achieve $3.5 bn in sales")
Fujitsu is injecting approximately $2 billion over the next two years to expand its Fujitsu Cloud initiative in infrastructure-as-a-service (IaaS), platform-as-a-service (PaaS), software-as-a-service (SaaS), and cloud integration service. With this, the Japanese IT conglomerate aims to achieve $3.45 billion in cloud sales.
Cameron McNaught, executive vice president, solutions, global delivery, Fujitsu said, “Fujitsu has a vision of a Human Centric Intelligent Society, one where social and business innovation is driven by the intelligent use of information and communication technologies. We see cloud as the natural platform for delivering these new types of applications, which is reflected in both the increase we are seeing in cloud adoption and how it is becoming a standard part of IT service delivery models for many CIOs today.”
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He further added, “We also recognise that no single cloud service provider can meet all customer needs, so we are continuing to invest in our cloud integration services.”
As part of the investment, Fujitsu will deliver two additional datacentres in the UK and US for its IaaS Trusted Public S5 offering. For 2014, the company also plans new IaaS Private Hosted deployments for two new locations in the USA, plus additional deployments in six locations across Europe and Asia, as well as expansion in three existing geographies. The company also announced the rollout of RunMyProcess, Fujitsu’s PaaS offering.
According to Frost & Sullivan, the global cloud computing market is expected to reach approximately $86 billion in 2016 from an estimated $36 billion in 2013, and is expanding at a compound annual growth rate of 33.4 percent. While PaaS continues to grow and SaaS remains the most popular cloud service offering with users, IaaS is expected to grow at 40 percent per annum for the 2013-2016 period.