Ask any expert and they will tell you that the future of the IT industry isn’t in the stratosphere, the oceans or even on the information superhighway. It’s in the clouds.
Cloud Valley, an umbrella organization for cloud computing start-ups, has flourished since being set up in 2010 by entrepreneur Edward Tian, a strategic partner of former Yahoo! CEO Jerry Yang and the man credited with bringing broadband internet to China in the 1990s.
The cloud computing movement has created a community within a community in Beijing ETOWN of progressive young IT professionals who share and exchange ideas and set up businesses together.
They are a new breed of entrepreneur with attitudes that are markedly different from those of previous generations in China. “Before, people seldom wanted to get together and form a start-up company But now, start-ups are quite popular,” says Yang,