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DeClout's vision in the cloud

CEO Vesmond Wong is taking steps for the firm to become the leader in vertical domain clouds, starting with gaming, reports LEE MEIXIAN

Published Sun, Nov 10, 2013 · 10:00 PM
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IT has not been the smoothest first year for DeClout as a listed company since its initial public offering (IPO), what with a languishing stock price and its bottomline in the red.

Still, group CEO of the next-generation technology service provider Vesmond Wong tells The Business Times that the company is continuing to make steady calculated strides towards its vision - to be the leader in creating vertical domain clouds (VDCs) in Asia.

VDCs, a term the company coined, are platforms that use cloud computing technology to serve specific industries or market niches, allowing various stakeholders within these communities to interact, collaborate, even transact.

Mr Wong cites professional social network LinkedIn as one good example of a VDC. Its domain, human resources, is integrated with IT to make it a social ecosystem of professional profiles. LinkedIn is then monetised through its hiring services offered to companies and t…

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