DeClout's vision in the cloud

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.