NTT announced the launch of a new Private Cloud for Enterprise service in Hong Kong and Singapore today to help clients meet growing demands in their digital transformation journeys.
The new service is a core component of the global technology services provider’s Intelligent Data Center and hybrid cloud capabilities.
“Enterprises today are using various applications with a large amount of data stored in various platforms and they want to manage their hybrid IT securely,” said Masaaki Moribayashi, the Senior Executive Vice President of Services for NTT Ltd.
Hybrid IT and cloud adoption is becoming more and more essential in enabling business growth and digital transformation by bringing benefits like greater scalability, cost efficiency and security. This has resulted in the Hybrid Cloud market rising from a value of US$45.70 billion in 2019 to an estimated US$128 billion by 2025.
“Our Private Cloud service will specifically target high growth sectors supporting clients to manage their critical applications, including SAP, to enhance the agility and flexibility in securely managing large volumes of data in the cloud,” added Mr. Moribayashi.
The private cloud market adoption is also growing as part of its role in the hybrid cloud environment, as enterprises recognise how private cloud can support key security, governance, performance and regulatory compliance requirements.
“Financial clients can quickly develop new businesses by incorporating the latest technologies while complying with security regulation in each country. Manufacturers can fuel growth of their business leveraging private cloud to power critical and time-sensitive business operations,” said Mr. Moribayashi.
The new Private Cloud for Enterprise service by NTT in Hong Kong and Singapore will add to their existing coverage in the United States and Europe.
“We are proactive in our development of high-performance software solutions and with Private Cloud for Enterprise, we are able to leverage the most up-to-date technology to deliver enhanced network economics to our customers,” said Ramnik Kamo, the EVP for Global Operations and CIO of Mavenir.
NTT intends to invest further in Hong Kong and Singapore to expand its capabilities to address the market needs for customised and dedicated private cloud deployments.
“Cloud is now recognized broadly by enterprises as a critical part of their IT infrastructure, and a key to enabling transformation strategies. Enterprises should view hybrid cloud as a core, strategic initiative,” said Liam Eagle, the Research Director at 451 Research, which is a part of S&P Global Market Intelligence.
In June, NTT Data, a partially-owned subsidiary of Nippon Telegraph and Telephone (NTT), also announced an alliance with Microsoft to accelerate enterprise customer’s digital transformation using Microsoft Azure as their preferred cloud solution.
Image credit: Reuters
