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The global market for cloud computing started growing in early 2010 - and hasn't looked back since. Spending on cloud services continues to grow at compounded annual rates, and the industry has generated millions of new jobs worldwide. New innovation is being created every day with the potential and power that the cloud gives to everyone - enterprises, small businesses, and the individual. Cloud Computing, once considered as a possible fad, has proven itself clearly to be a new and major trend in computing and, going forward, it is also very likely to prove itself a major game-changer for businesses.
While several global industry consortia, including the Asia Cloud Computing Association (ACCA), are actively involved in making cloud computing a reality by addressing the needs for common platforms, the ACCA is the only one doing so with a focus on the opportunities and issues in Asia Pacific (APAC).
APAC's unique issues challenge the adoption of cloud computing. Markets are highly fragmented. Regulations vary significantly among countries. Users are much more likely to control their own IT assets, according to IDC. And key underlying technologies, such as broadband, still have not yet fully penetrated some countries, inhibiting the growth of multi-tenant infrastructures.