KT to Spend US$102 Mln on Cloud Computing Service for SMEs
August 13, 2010
Korean
mobile phone and Internet operator KT announced on August 5, 2010 that the
company is going to invest 120 billion Won (US$102 million; US$1=1182 Won) in could
computingfrom August this year to 2011, according to the
JoongAng Daily of Korea. KTsaid that the new cloud service, dubbed uCloud
Pro, is estimated to save 60% to 90% of IT expenditure for small- and medium-sized
enterprises. It is reported that users can access shared data and software
stored on uCould Pro with a variety of devices, such as Smartphones, tablet
PCs, and IPTV (Internet Protocol Television).