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May 28, 2017

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Taipei forum to discuss cloud-tech industry trends

TAIPEI -- Over 100 local and foreign experts and industry representatives will discuss future trends and applications of cloud computing, at a forum to be held in Taipei Oct. 11, the organizers said yesterday.

The Taipei Summit, now in its eighth year, will feature speeches by experts and scholars from Malaysia, Japan, Indonesia, Thailand and Taiwan, the Taiwan External Trade Development Council (TAITRA) said in a statement.

Cloud computing is one of the key areas of a government industrial restructuring plan that is aimed at maintaining Taiwan's global competitiveness, the TAITRA said.

At the forum, local and foreign participants will discuss future trends in the industry and how businesses can benefit from global trends, the council said.

The two-day event will be held at the Taipei World Trade Center Nangang Exhibition Hall in tandem with the first-ever Taiwan International Cloud Technology and Internet of Things Show from Oct. 9-12, according to TAITRA.

Taiwan's government announced in 2010 that it would invest NT$24 billion (US$804 million) over five years in the cloud computing sector with the hope of creating a trillion-Taiwan dollar industry.

The output of global cloud services is expected to grow from US$27.95 billion last year to US$63.84 billion in 2015, according to Taiwan's Industrial Economics and Knowledge Research Center.

Meanwhile, Taiwan's cloud service market is projected to double from the current NT$7.5 billion (US$250.5 million) to NT$15 billion in 2015, the government-funded institute said.

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