Data protection firm plans huge expansion

Data-related service provider Veeam Software is betting big on the Chinese market, and especially on the opportunities created by the country's big data push as well as reform and opening-up, according to Veeam's top executive.

"Chinese enterprises have greater demands on data storage, protection and cloud technologies as the country pushes forward big data and digital economic transformation, which has brought us great and precious opportunities," said Shi Qin, president of Veeam China.

"China, undoubtedly, has played a crucial role in our global business and is expected to get into a fast-growing period in the coming years," he added.