April 20, 2018

QCT partners with Chinac.com for cloud computing products

The alliance seeks to build hyper-converged products for the Chinese market in a bid to cater to growing demand.

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Quanta Cloud Technology (QCT) have reached a strategic co-operation deal with Chinac.com. As per the terms of the deal, QCT will build hyper-converged products by leveraging Chinac.com’s cloud prowess.

QCT say that in the recent past, they were focusing on the American market and catering to global tier-1 enterprise clients. But after observing the rising demand in Europe and China, QCT say they turned their attention to their homeland.

Explaining their intent to take on the Chinese market, Mike Yang, Senior Vice President at Quanta, commented:

QCT over the past few years mostly paid attention to the US market and global tier-one enterprise clients, but it would this year start to also focus on Europe and China, as well as tier-two enterprise clients.

QCT believe that along with cloud products, the demand for their server business is equally high in the Chinese market. Taking this into consideration, QCT predict that they may witness a double-digit percentage growth vis-a-vis sales.

According to industry analysts, this prediction made by QCT is pretty much in line with their reading of the market. They also say believe that the Chinese market is about to witness further growth in the cloud, IoT and wearable technology market.

Speaking about the same, Simon Lu, Analyst at Jih Sun Securities Investment Consulting said:

Quanta’s shipments of cloud-connected products, including wearables, are forecast to increase by double-digit percentage points this year to become one of the firm’s major growth drivers.

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