Telstra to invest $842M to expand cloud service capabilities

Telstra (ASX: TLS.AX) has a bullish outlook on the cloud services market, so it's going to spend over AUD 800 million (USD842 million) to expand its cloud capabilities through 2016.

Already factored into its 14 percent capital expenditure to sales ratio, Telstra's cloud services drive will focus on building a new data center, in addition to modernizing existing data center facilities. From these facilities, Telstra will offer more enterprise applications, an integrated online account management port, automation of utility computing services and enhanced T-Suite capabilities.

To achieve the goals of its cloud vision, Telstra has employed Cisco, VMware and integration partner Accenture with Microsoft as the engine to deliver cloud services.

Telstra's cloud vision is not all talk. Driven by clients such as Australian Vintage, The Salvation Army Employment Plus, Oz Minerals, Tabcorp, and Tristar Medical Group, Telstra's T-Suite software-as-a-service (SaaS) grew threefold while infrastructure cloud use has increased by nearly 50 percent this year.

For more:
- Telecompaper has this article

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