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IT giants vie for China's information security market

28/08/2014 by

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As China steps up its efforts aimed at cyber security and for promotion of cloud computing-related businesses, domestic giants in the information technology sector are gearing up to take a share in the market, which will be worth an estimated 30 billion yuan (US$4.87 billion) by 2015, Shanghai's National Business Daily reported.

"Snowden" and "Cloud Computing" were two hot keywords in the IT field in 2013, the report said, adding that the leaks by ex-CIA contractor Edward Snowden, which led to the revelation of the scale of the extensive surveillance programs initiated by the United States and the United Kingdom, have sparked global concerns over cyber security.

China set up a central internet security and IT task force headed by President Xi Jinping in February 2014 to lift its cyber security efforts to a national and strategic level.

The country has also initiated a cloud-computing program under its 13th Five-Year Plan slated for 2016 to 2020. Several government agencies have launched a program to support the construction and promotion of platforms providing public cloud computing and big data services and providing solutions for public cloud computing and big data.

Owing to the outlook for the cyber security and the cloud computing market being upbeat, many domestic companies are vying to become the central government's suppliers of antivirus software products.

According to the Chinese central government's procurement list for 2014, six domestic companies have been selected as its antivirus suppliers, while except for IBM, all its cyber security products suppliers are domestic companies.

This article has been extracted from http://www.wantchinatimes.com/, please click on this link to read the article in full http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20140826000106&cid=1102

Montash is a multi-award winning, global technology recruitment firm. Specialising in permanent and contract positions across mid-senior appointments which cover a wide range of industry sectors and IT functions, including:

ERP, BI & Data, Information Security, IT Architecture & Strategy, Energy Technologies, Demand IT and Business Engagement, Digital and E-commerce, Infrastructure and Service Delivery, Project and Programme Delivery.

With offices based in London, Montash has completed assignments in over 30 countries and has appointed technical professionals from board level to senior and mid-management in permanent and contract roles.

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