In the Philippines, the relationship between the Telco industry and Cloud Computing is symbiotic. The Cloud Computing, Cybersecurity, and Datacenter landscape is intensifying with new entrants keen to establish their foothold in the market. Market optimism is at an all-time high, a signal that the Cloud ecosystem is on the precipice of accelerated growth.
The rising middle-class coupled with a local internet population of close to 70 million users indicates lasting growth in the Cloud sector. Individuals in the Philippines spend an average of 10 hours online (Source: Hootsuite, and WeareSocial Digital 2019 report), topping the global average. The pivot towards high speed connectivity promises to maximize this usage gap. A mix of open-source IT design, and robust competition will rapidly address the discrepancy between usage and infrastructure.
The structural core of this explosive growth in Cloud Computing are the twin pillars of Cybersecurity, and Business Continuity Plans. Latency and data breaches threaten to drown positive market sentiment. In recognition of Cloud’s growing dominance, W.Media will be extending its Cloud and Datacenter Convention series to the Philippines.
