Microsoft eyes huge potential in China's rising cloud market

Microsoft Corp will increase investment in China's cloud computing market and the scale of its cloud platform Microsoft Azure will grow at least tenfold in China in the next few years, a top executive in charge of the company's cloud service said on Wednesday.

"China regards technological innovation as a important driving source for development, which let us see China's huge market potential for the cloud business," said Scott Guthrie, executive vice-president of Microsoft cloud and enterprise group on Wednesday.

The company launched more than 10 new services and functions including image recognition and internet of things (IoT) capabilities on Microsoft Azure by teaming up with Beijing-based data infrastructure provider 21Vianet Group Inc.