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SingTel predicts 50 per cent growth rate for cloud services

Jack Loo | Sept. 20, 2010
Operator promises to unveil new set of cloud applications

SINGAPORE, 20 SEPTEMBER 2010-SingTel has boldly claimed it will be one of the largest and fastest-growing cloud services providers in the region.

 "We aim to grow our cloud services with a CAGR (compound annual growth rate) of around 50 per cent over the next three years. This is significantly faster than the 20 per cent global growth rate projected by industry analysts," said Bill Chang, SingTel's executive vice president of business group. Currently, more than 30 per cent of SingTel's business revenues are from non-carriage services, traditional mobile and phone systems.

 The Singapore-based operator announced that it has more than 100,000 users utilising its cloud services, which include software-as-a-service (SaaS) solutions from SingTel's online portal.

 Chang added that cloud services such as SingTel's OneOffice suite, a collaboration with Google, can allow businesses to enjoy a comprehensive suite of essential business applications with cost savings of more than 90 per cent by eliminating the need for heavy upfront infrastructure investments, ongoing maintenance and IT support costs.

To bolster its prediction, the operator will be unveiling what it said are "next-generation intelligent business solutions" at its forum i.Luminate 2010 later this week.

 These applications will offer enterprises the flexibility to consume their ICT services on-demand and scale them in real time. It will be offered for SingTel's business applications, computing and storage resources, as well as infrastructure and managed services. Customers can immediately activate these services and resources via dedicated self-service online portals that are integrated with SingTel's billing systems.



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