Cloud Computing Company Aims High
March 1, 2013
Polish IT company Oktawave aims to conquer the European market in cloud computing. It says its services are more efficient and flexible than those offered by Western European suppliers, and that they ensure higher data storage security.
Research firm IDC estimates that the amount of data managed by businesses doubles every two years. As a result, businesses have to choose whether to expand their own IT infrastructure, which generates additional costs and is difficult to accept at a time of economic slowdown, or outsource their IT resources.
Gartner Group, in turn, projects that in 2013 the global cloud computing market will be worth $150 billion and that 60 percent of network traffic by 2014 will involve cloud computing systems.
Interest in cloud computing is also growing in Poland. Experts from the Parallels company say that Polish customers spent over zl.1 billion on cloud computing services last year and that 67 percent of Polish firms plan to outsource their IT resources in the next three years.
“Many Polish suppliers already offer cloud computing services, but most of them sell simple shared hosting services or virtual servers known as VPS,” says Maciej Kuźniar, managing director at Oktawave. “Many companies have to rely on foreign, mainly American, suppliers, who are subject to different regulations and do not have to disclose the site where the customers’ data is physically collected. This often results in constraints on using cloud computing solutions because EU regulations are different.”
Oktawave is part of K2 Group, which offers Infrastructure as a Service (IaaS) cloud computing services to businesses and private users. The system enables customers to use on-demand server infrastructure, and store data and databases.
“With Oktawave, user data is in Poland so the use of computational resources is smooth—in compliance with Polish and EU regulations on personal data protection,” Kuźniar says. “Oktawave also has a technological advantage. It handles more than 14,000 WWW queries per second, with the average time needed to handle a single query at 0.07 seconds. It is at least two times faster and cheaper than rival services offered by Amazon, Rackspace and Azure. We are convinced that thanks to its unique features Oktawave has a realistic chance not only of securing the leading position in the Polish IaaS segment, but also of being successful on foreign markets.”