Bespin Global plans expansion

Bespin Global, a cloud managed service provider, is ramping up efforts to increase revenue growth tenfold in China this year, in a move to gain a toehold in the market amid stiff competition, executives said.

The 3-year-old startup's ambitious expansion plan is the epitome of the booming cloud managed services market.

"Bespin Global aims to help clients migrate, run and manage their workloads effectively in the cloud, and to speed up their digital transformation," CEO John Lee said at a news conference.