Global IT giants such as Oracle, Microsoft (MS), Amazon and IBM are preparing to provide data center rental services in Korea, where IT enthusiasm is relatively high. According to market research firm SA, the smartphone penetration in Korea reached 67.6% last year, the highest level in the world. Korea’s mobile game market is expected to surpass 1 trillion won ($942.5 million) this year.
A market research firm SA said “the smartphone saturation in Korea reached 67.6% last year, the highest level in the world. The nation’s mobile game market is expected to exceed one trillion won ($942.5 million) this year.”
The majority of global IT leading groups appear to have observed the potential huge business opportunities from the fourth largest Asian economy, where many start-ups have budget and time constraint in the ownership of their own data center. Amazon, the global industry leader in this field, has recently joined
hands with KOTRA and other public agencies to provide cloud services to start-ups helped in a policy manner by the government, a strategic step to increase
its market presence in Korea.
Oracle, IBM, MS and Google are also making moves. Oracle Korea has recently launched a suite of Oracle Cloud Service. IBM entered the local market last month through its subsidiary SoftLayer. “Our new system features speed superiority over existing services and this can shake up the Korean market,” said an IBM official.
By Kim Min-su : Here
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