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Article

Cloud Computing News in Asia as Cloud Expo Opens

Taiwan Government Increases Planned Investment by 70 Percent

The Government of Taiwan will be investing $17 billion in local currency (more than $500 million USD) through 2014 in Cloud Computing, as one of the most vibrant economies in the world can be expected to continue to grow dramatically. The announcement, which increases the government's previous commitment by 70 percent, was made by the country's Industrial Development Bureau.

The government has said it will target six key sectors as beneficiaries of its investment in cloud infrastructure: tourism, medicine and health care, biotechnology, green energy, cultural and creative enterprises, and specialty agriculture

The announcement was made in Asia on the eve of the Fifth International Cloud Expo in New York, and reflects the global nature of the Cloud Computing phenomenon.

Already this week, Cloud Computing news has come from India (which has sent exhibitors and attendees to Cloud Expo), Indonesia (where the company's leading ISP will be integrating cloud), Vietnam (where IBM continues to develop a major Cloud-Computing customer center), Thailand (where a large, joint SaaS development effort has been announced), and China (where a major storage company has just announced an expansion).

Taiwan is the sometimes forgotton economic powerhouse in Asia. The country first became well-known for its semiconductor capabilities, within the capital city of Taipei and at its Hsin-Chu Science Park on the city's outskirts. It then became a major desktop and laptop systems developer, particularly through the homegrown Acer Corp.

Now, as China grabs most of the economic and technology headlines, Taiwan remains a place with a nominal GDP larger than that of Denmark and more than 40% larger than that of Southeast Asian tiger Thailand. Its per capita income is on a par with Italy and more than four times higher than that of China. With only 20 million people, it ranks fourth in the world in foreign exchange reserves, sitting on a pile of cash that totals more than $350 billion USD.

The announcement of the country's investment in Cloud Computing signals the country's willingness to be a major player in this realm, and comes just a few weeks after a new alliance of more than 50 local companies was announced to focus on Cloud Computing standards and related issues.

More Stories By Roger Strukhoff

Roger Strukhoff (@IoT2040) is Executive Director of the Tau Institute for Global ICT Research, with offices in Illinois and Manila. He is Conference Chair of @CloudExpo & @ThingsExpo, and Editor of SYS-CON Media's CloudComputing BigData & IoT Journals. He holds a BA from Knox College & conducted MBA studies at CSU-East Bay.

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