Joint venture with NEC to push cloud computing services

Recently, Neusoft Group (600718) signed a cooperation agreement with NEC Group, which will set up a joint venture in Dalian in October this year to promote cloud computing services for the Chinese market. It is reported that the joint venture company name is tentatively Neusoft Information Technology Co., Ltd., registered capital of 50 million yuan. Among them, Neusoft Group wholly-owned subsidiary-Neusoft 30%,nec (China) funded 70%. The joint venture will use the technical environment of both sides to build its own data center, provide integrated cloud computing services including SaaS, PaaS, IaaS, and provide a full range of services in the main language for 24 hours and 365 days, answering the import consultation before service delivery,　　To the problem solving in the service process and the requirement of integration with the peripheral system. Data show that China's cloud computing market size is expected to grow at 30% a year, 2012 industry will reach more than 16 billion yuan.