Deutsche Telekom wants to become a cloud power and challenge the likes of Amazon and Google.
The company recently stated its aim to double its current annual revenue of €1bn from business customers by the end of 2018 by extended its focus from private cloud to public.
To achieve the goal of growing by more than 20% each year in cloud platforms, the company is aiming to increase its collaborations with technology partners such as Microsoft, Airbnb and Huawei.
Although having powerful technology partners will help it to develop its technology and reach, it has a long way to go before it can truly call itself a challenger to AWS and the Google Cloud Platform.
AWS, is already a $5bn business and growing quickly, claimed to be at 49% in Q1 2015, compared to the previous quarter. While companies like Oracle also stand a good chance of ramping up its cloud business with its control over the stack.
However, Deutsche Telekom feels that it is well placed as a German company, with data centres in Germany and data location remaining a big issue in Europe.
Ferri Abolhassan, head of the IT division, Deutsche Telekom, T-Systems, said: "In cloud computing, data centre location brings the valuable advantage of security. Our customers and partners place their full trust in Deutsche Telekom in this regard."
