BEIJING, July 30, 2013 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Capitalonline Data Service Co., LTD (CDS), one of China's leading internet data center (IDC) service providers, has engaged IBM to develop a robust infrastructure for delivering enhanced cloud solutions. As part of this multi-million dollar engagement, IBM will build and manage CDS's public cloud service based on IBM SmartCloud technology.
As one of the earliest IDC service providers in China, CDS entered the cloud computing market in 2009 to provide professional cloud, datacenter and value-added IT services to clients in government, finance, entertainment and other industries. CDS has a complete data service operation system, comprehensive resources, market share and strong brand visibility in cloud markets.
"CDS has made a long-term development strategy for cloud, and one of the important aspects of the strategy is to adopt the world's leading cloud computing technologies. IBM is a leading provider of enterprise-class cloud services globally, with a deep understanding of the Chinese market," said CDS CEO Qu Ning. "We are confident that with this collaboration we will be able to offer organizations superior public cloud services and help them achieve business innovation and transformation."The cloud infrastructure will be based on IBM's SmartCloud framework leveraging PureFlex systems. IBM's China Development Lab had been involved in the design and development to ensure that the cloud services are customized and optimized to local business requirements. As part of the agreement, IBM will manage the infrastructure for the next four years. As per the engagement, IBM will support in designing, building and managing Capitalonline's full spectrum of cloud infrastructure. IBM will help solve the problems of low efficiency and risks caused by isolated design, construction and operation on traditional cloud platforms. The collaboration will also enable Capitalonline to expand its cloud service in global markets.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts