Fujitsu announces £1bn cloudy funding, strengthens IaaS, PaaS, SaaS commitment

Japanese IT giant Fujitsu has announced a strengthening commitment to cloud computing with a 200 billion yen (approx £1.2bn) investment over the next two financial years.

In a move that will remind CloudTech readers of competitors IBM and HP, Fujitsu is putting its eggs in one basket to “achieve its growth strategy” – in other words, bringing new offerings to market, growing its customer base and deepening deployments.

“Fujitsu has a vision of a human-centric intelligent society, one where social and business innovation is driven by the intelligent use of information and communication technologies,” Cameron McNaught, Fujitsu executive vice president, solutions, global delivery said.

“We see cloud as the natural platform for delivering these new types of applications, which is reflected in both the increase we are seeing in cloud adoption and how it is becoming a standard part of IT service delivery models for many CIOs today,” he added.

The company also announced the general rollout of RunMyProcess, Fujitsu’s PaaS offering, to tens of thousands of customers globally, as well as greater options available to customers on its private cloud infrastructure.

In the gaggle of analyst reports published over the past month concerning the state of the IaaS market, Fujitsu got a mixed hearing. Horses for Sources placed the Japanese firm as one of the top 10 vendors for business processes, yet Fujitsu was squarely placed as a niche player by Gartner, who praised the company’s heritage but noted the gap between the haves and the have-nots in IaaS was increasing, not narrowing.

One analyst house which sees potential in Fujitsu, however, is Frost & Sullivan. ICT director of consulting Alexander Michael said: “Fujitsu has established itself in the global cloud computing market with its diverse portfolio and attractive cloud offerings, in spite of the high competition.”

IBM announced a billion dollar expansion in March, as well as a rebranding to a cloud-first company, while HP did similarly in May.

What do you make of this move?