Tip:
Highlight text to annotate it
X
The government is seeking to boost the nation's cloud computing industry... with stronger
support for small and medium-sized companies in the sector.
The science and future planning ministry and the public administration ministry will sign
an MOU as early as late this month... to develop a cloud computing platform based on open source
software. Once the platform is complete, SMEs will be
able to use it to develop additional software, which is expected to cut their infrastructure
spending by nearly 75 percent. The government also plans to support collaborations
among these companies to help develop new business models.
Korea's cloud computing market is expected to expand fivefold by 2017, compared to last
year... to 2-point-3 billion U.S. dollars.