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Telstra to pump £500m+ into cloud services

Telstra will invest AU$800m in cloud computing over the next five years

Telstra has announced a £500m+ (AU$800m) investment in cloud computing over the next five years to support what it says is a growing demand from Australian organisations for cloud services. The telco is rumoured to have invested AU$200m in cloud to date and this latest announcement will kick-off the construction of a new data centre, the modernisation of existing facilities, increased automation of utility computing services and the expansion of the telco’s range of enterprise applications, among other things. Construction of a new data centre in Melbourne is already underway.

Multinationals trust telcos with the cloud

Multinationals increasing need for on-demand computing has enhanced telcos' status as cloud providers

As uptake of cloud computing services by multinational corporations takes off, Ovum research indicates that the credibility of telcos as trusted providers in the space has increased significantly in the past year.