The American technology giant has put on hold a lucrative plan to build three data centres in the kingdom to support its fast-growing cloud computing division, The Sunday Telegraph reported.
The computer firm Dell has smashed the tech takeover record after agreeing to pay $67bn £44bnn) for data centre company EMC Corporation, giving Dell better access to the fast-growing cloud computing sector.
And it's a way to remain competitive in the fast-growing cloud computing space.
With firms like Salesforce.com, Amazon, Rackspace, and others, the U.S. pioneered and continues to lead the fast-growing cloud computing industry.
There are plenty of options in the market, from Forbes Cloud 100 companies iCIMS and Greenhouse Software to Bamboo HR, part of Utah's fast-growing cloud computing scene, as well as Jazz HR, Lever, Workable, Zoho and public companies such as Cornerstone OnDemand, Oracle and SAP SuccessFactors.
"Since pioneering the MID (Mobile Internet Device) category with the introductions of S5, X70EX and S7 over a period of less than 6 months, viliv has been unwavering in its commitment to the long-term growth and development of this fast-growing mobile computing product market segment, said Dr. Seung-Jin Yoo, Vice President, Yukyung Technologies".
CLOUD WARS -- Since IBM began breaking out its trailing-12-month cloud revenue a couple of quarters ago, lots of folks around the tech industry have been shocked out of their boots to learn that 106-year-old IBM has a robust, deep, and fast-growing cloud-computing business with almost $16 billion in annual revenue.
A prime example is cloud computing, a fast-growing market for computing sold to businesses as a service over the Internet.
A doctor's iPad connects to the patient data and software wirelessly, over the Internet, as if in a computer "cloud," as this fast-growing model of computing is known.
I.B.M. announced on Tuesday that it had agreed to buy SoftLayer Technologies, a cloud computing company, in an effort to strengthen I.B.M.'s position in the fast-growing market for computing sold to businesses as a service delivered over the Internet.
