dcn-eu logo
Story image

Tencent Cloud acquires key cloud security standard

Tencent Cloud, the cloud computing arm of Tencent, a provider of internet value-added services in China, today announced its acquisition of the Multi-Tier Cloud Security Standard (MTCS SS), an international security standard essential to the adoption of cloud computing services in Singapore.

Tencent Cloud conforms to Tier 3 of the MTCS SS, the world's first security standard that covers multiple tiers, proving its capability to provide the highest level of security to enterprise cloud users in Singapore, Asia and around the world. 

Launched in Singapore in 2013, the MTCS SS is the world's first cloud security standard with the goal of providing businesses valuable insight to better assess and understand the level of cloud security they require. 

It covers areas including cloud governance, cloud infrastructure security, cloud operations management, cloud service administration, cloud user access, tenancy and customer isolation, data retention, liability, disaster recovery, as well as incident and issue management.

According to Gartner, the global public cloud services market is seen to be growing by 17% in 2020, bringing it to a total of US$266.4 billion, up from $227.8 billion in 2019. 

In addition to the growth of the worldwide market, spending on cloud infrastructure has increased substantially. Globally this expenditure in 2019 exceeded $107 billion, up from $78 billion in 2018, according to Canalys data.

This highlights the unrelenting expansion of the IT industry, driven by digital transformation initiatives across all industries.

Almost 60% of organizations are foreseen to be using cloud-managed services from external service providers by 2022, doubling the percentage compared to statistics from 2018.

"The acquisition of the highest level MTCS SS security standard demonstrates how Tencent Cloud continues to establish itself as one of the world's leading industry players, having helped Tencent move from fifth to fourth place in the Asia-Pacific cloud vendor rankings through landmark projects and solutions," says Tencent International Business Group vice president Poshu Yeung. 

"With the rapid cloud adoption globally, we are proud to receive this international security standard, which adds to our increasingly recognised and adopted cloud offerings in the region. 

“It also emphasises our exceptional capability to host, handle and process highly confidential data, bringing confidence and peace of mind to our enterprise customers."

Tencent Cloud operates in 25 regions and 53 availability zones worldwide and is a part of Tencent's broader strategy to invest in the latest technologies, such as cloud, security, big data and artificial intelligence, to capture the next wave of growth.

Story image
OVHcloud US releases new line of virtual private servers
“Our latest VPS solution is extremely easy to set-up and manage empowering users to fully-leverage the flexibility that accompanies virtualisation."More
Story image
Bamboo Systems launches servers for next gen data centres and computing
“Without the constraints of legacy designs, we are able to deliver servers that are built for today's microservices-based software, but which consume a fraction of the energy of traditional systems."More
Story image
NetApp moves to acquire Spot, eyeing application driven infrastructure
The companies say their integration can help customers save up to 90% of their compute and storage cloud expenses, as well as encourage the acceleration of public cloud adoption.More
Story image
Gartner: Strong revenue growth forecast for container management software and services
This is the first time Gartner has published a forecast for container management, in response to the increasing importance of the underlying technology.More
Story image
Lenovo looks to enable next generation of business with purpose-built servers
“Our new ThinkSystem servers are designed to enhance mission-critical applications like SAP HANA and accelerate next-generation workloads like AI, analytics and machine learning."More
Story image
Cloud-scale connectivity with consistent security
Organisations should look towards SD-WAN solutions that support multiple administrative domains for isolating and separating lifecycle management, as well as the operations, or each business unit’s SD-WAN. More