ZTE hope to double sales next year, cloud computing products

China's second largest telecom equipment maker - ZTE (0763.HK) (000063.SZ), a senior, said the company goal of cloud computing products for next year's sales doubled to more than 40 billion U.S. dollars.

The high level of anonymity, said Wednesday the company's corporate customers of cloud computing products is currently focused on rail transportation, energy and other large enterprises, while those from China and overseas market revenue of about half and half.

"Our goal is to develop within the cloud computing business growth in the next few years more than 100%." ​​He said.

ZTE said in a press release issued yesterday, is expected this year, sales of enterprise cloud computing products will exceed 20 billion U.S. dollars. These products include data communications equipment, enterprise networks and government networks for servers and storage products. The company said I hope that the future of cloud computing-related income accounts for one-third of company revenue.

ZTE full year 2010 operating income of about 70.264 billion yuan, or about 10.6 billion U.S. dollars, an increase of 21%. The company expects to more than 20% can maintain growth.

Wang Wei, vice president of ZTE Corporation in Shenzhen yesterday's analyst meeting, said ZTE will build into the IT strategic areas of the cloud, I hope 2015 carrier-grade cloud computing market in the world's leading companies.

He also said that in the field, ZTE set up a Ministry of cloud computing and IT operations, more than 3,000 investment in cloud computing research and development, ZTE has also established a global cloud of Nanjing Center.

Cloud computing refers to the use of Internet technology, and information from the desktop computing tasks move to remote data centers. In this environment, the computer and broadband as long as connected to the large amount of information stored in the "cloud" (Internet), the corporate and personal computers eliminates the need for expensive central processor, a complex operating system and a larger hard drive.

Cloud computing industry as a commercial operation will revolutionize the business world have many technology companies are in the field layout, so as not to miss the wave of the next wave of IT development. According to market research firm IDC, the total global cloud computing market 2014 will increase to 55.5 billion, compared with $ 16,000,000,000 in 2009 expanded rapidly.

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