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