HP and Toshiba Team up To Develop Cloud Computing Technologies

Toshiba and HP joined forces to develop cloud computing technologies and related services for infrastructure organizations.

Toshiba said in a statement today that the companies plan to jointly develop technologies that can share data on social infrastructure including water supply, transportation, telecommunications, medical and public-service systems, contributing to energy conservation.

The collaboration will help grow Toshiba’s Smart Community Business Division, which focuses on building smart grids and modernization of infrastructure. the company hopes that by taking advantage of cloud computing and sales in its smart-community business it will be able to grow the business of the division from US$3.7 billion in 2010 to around US$11billion in 2015.

In October 2010, Toshiba established a dedicated Smart Community Business Division to promote its smart community business.

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