Shortcut to Body Shortcut to main menu

Investment News

  • Home
  • About Us
  • Newsroom
  • Investment News
Microsoft to open 2 data centers in S. Korea

According to Yonhap News,

(SEOUL=Yonhap News) U.S. tech giant Microsoft Corp. said Wednesday it plans to open two data centers in South Korea, in line with its efforts to expand cloud computing services here.

Microsoft said it will open data centers in Seoul and Busan, respectively, in the first half of 2017. The facilities will play key roles in its cloud computing services, the company added.

The U.S. giant said the location was based on various criteria, including accessibility of power sources and workforces. The data centers will provide local Microsoft users with faster speed in its cloud computing-related services.

Cloud computing solutions allow users to access their photos, documents and other content saved on a server through smartphones and PCs. The service has been gaining popularity around the globe, especially at the office, as it helps reduce related costs.

Microsoft added it has bought an additional site in Busan to build another data center, reflecting its long-term strategy on the cloud computing sector.

Industry watchers estimate the global market for cloud computing services will reach US$240 billion in 2020.

Copyrights Yonhap News. All Rights Reserved.

Source Text

Source: Yonhap News (May 11, 2016)
Meta information