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'KT unveils details of new cloud computing projects'
[October 15, 2010]

'KT unveils details of new cloud computing projects'


Oct 15, 2010 (DMASIA via COMTEX) -- Korean operator KT has unveiled details of its new cloud computing projects, saying it will work with local small businesses, boost resource efficiency, lower costs and contribute to green IT development, reports the JoongAng Daily. The company outlined its plans during a forum for CEOs from the IT industry held at the Coex InterContinental Hotel in Samseong-dong, southern Seoul. KT is pumping a lot of resources into cloud computing. As part of these efforts, the company said it will incorporate both wired and wireless networks to handle and manage its data. KT is also looking to grow by hooking up with SMEs. The company outlined several models for joint growth with SMEs, including one that involves developing a cloud computing network to cooperate with smaller firms on new projects. KT will also attempt to partner with schools for joint development in cloud computing. The company added that its corporate cloud storage service, called uCloud Pro, racked up 500 clients in two months and will likely hit 1,000 by the end of the year. KT officials said the company's cloud services are generating increasing interest among local SMEs, conglomerates and universities as well companies across the Asian region.



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