According to Forrester Research, the global cloud computing market will grow from $40.7 billion in 2011 to $241 billion in 2020. The global research firm, IDC, predicts that cloud computing will generate nearly 14 million jobs globally by 2015.
Cloud computing is flourishing in Taiwan, where an US$800 million, 5-year government project is underway to generate US$423 million R&D investment in corporate, and production value of US$33 billion by 2015 and create 50,000 jobs. With its unparalleled ICT industry advantages, Taiwan is vigorously accelerating its efforts to be a critical supplier in the global cloud computing industry. “Taiwan Cloud Valley”, initiated and promoted by Cloud Computing Association in Taiwan (TWCLOUD), aims to cluster Taiwan’s complete supply chain and functions as a window of Taiwan and international cloud computing suppliers.
To help the transition, Bureau of Foreign Trade, MOEA in Taiwan is organizing the first-ever “Taiwan International Cloud Technology & Internet of Things Show”. This show is implemented by Taiwan External Trade Development Council (TAITRA) and Taiwan Electrical & Electronics Manufacturers’ Association (TEEMA) and supported by the TWCLOUD. It will run alongside TAITRONICS and Broadband Taiwan and this three venue show will have 800 exhibitors using 1,500 booths to attract 50,000 visitors from home and abroad that pack the TWTC Nangang Exhibition Hall from October 9 to October 12, 2012.
TWCLOUD is encouraging its members, such as Chunghwa Telecom, SYSTEX, Inventec, Elta TV and Syscom to participate in the Cloud & Internet of Things Show, in line with TWCLOUD featured theme “Taiwan is ready for cloud solutions”. The exhibit offerings will cover the three popular cloud computing services of IaaS (Infrastructure as a Service), PaaS (Platform as a Service) and SaaS (Software as a Service) along with Internet of Things (IoT) and RFID products. Cloud Taiwan covers all these innovations with a full menu of news on cloud computing, IoT technologies and applications. Meanwhile several large cloud computing industry forums and seminars are planned during the show and will be led by specially invited international experts form industry and academia.