Taking the right steps for sustainable growth

Though a newcomer in the global cloud computing market, China is undoubtedly the leader in terms of growth potential and adaptation of new technologies, said industry experts.

According to market consultancy firm IDC, China's public cloud services market will expand at a sustained compound average annual growth rate of 33.2 percent from 2015 to 2018.

According to IDC's China Public Cloud Services Tracker, during the first six months of 2014, the market value of the country's public cloud services surged 46.7 percent to $327 million. The total market value for 2014, though not published yet, was expected at about $717 million.