Top 10 predictions for tech sector

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Zhang Yaqin, president of Baidu, makes a speech at the ABC Summit in Beijing on Sept 15, 2017. He said that cloud computing has evolved into the "cloud 2.0 era", which features integration with big data and AI. This is distinct from the "Cloud 1.0 era", mainly about infrastructure building and mass services. [Photo provided to chinadaily.com.cn]

 

By 2021, global enterprises will spend over $530 billion in cloud services and cloud-enabling hardware, software and services ($30 billion in China), doubling the current spending level, said IDC China Specifically, in China, Cloud Computing 2.0 will accelerate the commercialization of 5G, it added.

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