Virtualization, according to Gartner, is the highest-impact trend that will transform how IT is managed, what is bought, how it is deployed, how companies plan and how they are charged. It is also the basis for cloud computing.

A growing ecosystem and strong enterprise demand certainly give Cloud Foundry much impetus to introduce commercial offerings later this year. Before the rollout, however, the PaaS provider aims to bolster its open multi-cloud positioning.

IDC’s recent finding that Asia/Pacific financial services institutions seek greater clarity on cloud computing regulations and better articulation of business benefits by IT vendors emphasizes how not all businesses are ready cloud converts.

In Asia Pacific we're seeing a growing realization amongst the enterprise community that cloud computing has even greater business potential. Organizations like NTT Communications are actively demonstrating that cloud computing can be a powerful strategic force to enhance its competitiveness.