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China 2012 Cloud Computing Revenue to Hit RMB 47 Bln

ChinaByte, 9/26/12

China's Ministry of Science and Technology (MOST) has announced that China's total cloud computing revenue will reach an estimated RMB 47.45 bln in 2012, an increase of 64.6% YoY from 2011. According to MOST, China's cloud computing market will continue to grow at a fast pace for the next three years.

Editor's Note: For more background on this topic, please see "China Releases Cloud Computing 12th Five-Year Plan" MD 9/19/12 issue.

Keywords: revenue software Ministry of Science and Technology cloud computing market size forecast

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The information contained in this newsletter is based upon sources that Marbridge Consulting believes to be reliable, and we have made every effort to translate the original articles or article excerpts as faithfully as possible. However, Marbridge Consulting makes no warranty of and assumes no legal responsibility for the accuracy of either the original source material or the English language translations.

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