SingTel sets sights on the cloud

CIOL.

SingTel claims this enterprise hybrid cloud computing solution can reduce operating costs by up to 73%.

The company says the service will enable companies to expand the resources of their private cloud infrastructure seamlessly into PowerON Compute's secure public cloud without the hassles of re-installing and re-configuring their software applications, reveals Today Online.

"This means customers can fully utilise current IT infrastructure investments, while benefiting from on-demand, pay-as-you-use, public cloud computing resources," said the telco in a statement.

Channel News Asia says SingTel has raised its forecast of cloud computing contribution to its revenue.

The telco now expects the segment to grow as much as 70% each year until 2014, instead of the previously estimated 50%.

This is on the back of a strong take-up rate for its services, and also as more companies think of business continuity measures in the wake of the massive earthquake and tsunami in Japan.