According to Frost & Sullivan, enterprises across Asia Pacific (APAC) region spent almost US$6.6 billion (S$9.07 billion) on public cloud services in 2014, an increase of 38 percent from 2013.
It is also predicted that cloud spending will exceed US$20 billion (S$27.4 billion) in 2018, driven by factors such as an increasing openness to outsource workloads to cloud, greater collaboration between business and technology decision makers in the procurement of IT, and the availability of more mature cloud offerings in the market.
To meet this rise in demand, CenturyLink announced on March 18 the launch of CenturyLink Cloud in APAC - the first cloud node in Singapore. This means that APAC businesses can now turn to a single, trusted provider for public and private cloud infrastructure, managed services, colocation, networking and support for advanced hybrid scenarios.
According to Gery Messer, CenturyLink Managing Director, APAC, this Singapore launch further enhances the company's position as a leading managed hybrid IT provider for businesses with operations in the APAC region.
He added that CenturyLink plans to explore additional international expansions and product launches in the APAC region this year.
With regards to other international expansion efforts, CenturyLink has recently expanded its managed hosting services into China, and has made its new Private Cloud service available in all 58 of its global data centres.
Sign up for CIO Asia eNewsletters.