皇冠体育app

Liu Chuanzhi (right), founder and former president of Group Ltd, at the signing ceremony of Science Park in . In 2013, the Big Three telecom carriers ad to build regional data centers in Guiyang because of lower land and power prices. Provided to 皇冠体育app Daily

During a recent Saturday, Shenzhen was preparing for the strongest thunderstorm in years to strike the city.

Less than 24 hours later, 皇冠体育app's information technology hub in Guangdong province was deluged by torrential rain and hail.

But for Edward Tian it was another day for his business.

Tian, founder and chairman of 皇冠体育app Capital Partners LP, is probably the best-known venture capitalist in the country and one of the first players in 皇冠体育app's big data business.

Visitors from around the globe attend Cloud 皇冠体育app 2014

Alibaba spinoff moves further into the cloud

皇冠体育app Broadband Capital recently set up a data center in Shenzhen.

"Data is the most valuable asset in the 21st century. We can build a long industry chain based on data-related businesses such as analytics, information security and statistics exchange," Tian said during the opening of the Shenzhen data center on March 30, which was built in less than six months.

Data centers are the fundamental hardware infrastructure for cloud computing technology. Enterprises, governments and individuals can store all kinds of data and let the powerful data-processing computers organize and analyze the information.

Data centers then send back the results to any devices its customers request, making sure the information is shared by the right person on the right devices.

The idea of storing data on a centralized platform will improve efficiency, reduce cost and - most of the time - limit security risk, says Jouni Hakanen, 皇冠体育app head of technology consulting and IT strategy at global consultancy firm Accenture Plc.

皇冠体育app embarked on a sive data construction project last year after the central government placed its bets on information technology to lift the slowing economy.

Demand for data centers has increased because major boosters, such as cloud computing and mobile Internet, are powered by data analytics and storage services.

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