KUALA LUMPUR, Oct 11 (Bernama) -- Megazone Cloud has signed a joint venture agreement with LG CNS, a subsidiary of LG Corporation based in Korea, to help companies with digital transformation including cloud migration and operation.
The combined experience and expertise will provide synergistic support for enterprises, from assessment and planning to development and operation.
Two partners will go through detailed operation planning together and expect to finalise setting up the new joint venture by year-end.
Both will also expand coverage to overseas markets to support ever-increasing global cloud service market.
Megazone Cloud chief executive officer, Max Joo Wan Lee said: “The combination of the core competencies of the two companies will enable us to offer a more reliable end-to-end cloud service.
“The two companies will forge ahead in the international cloud market of finance and public sectors.”
Gartner, the world’s leading research and advisory company, forecasts that the size of the international public cloud service market will reach US$249.8 billion by next year. (US$1 = RM4.18)
Megazone Cloud is one of the largest cloud managed service providers in the Asia Pacific region. Since 1998, the company has offered business-to-business IT services.
-- BERNAMA
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