VNG invests in CloudVerse – the Global Multicloud Management Platform

Date:

Trending

HO CHI MINH CITY, Vietnam, Jan. 12, 2023 /PRNewswire/ — VNG-backed CloudVerse introduces intelligent SaaS platform for businesses using cloud services, with the aim of simplifying, securing and optimizing the multicloud services; to help save significant costs.


- Advertisement -

On the journey of digital transformation and market expansion, many businesses are using more than one public cloud service provider to meet their business needs  – thus adopting multicloud strategies. However, the adoption of multicloud computing causes challenges in governance, cost, security, and data management.

- Advertisement -

CloudVerse, the Multicloud Management Platform, will provide a centralized view of multicloud resources, while making cost optimization and security compliance recommendations. Being the first multicloud management platform developed in Vietnam, CloudVerse’s machine learning algorithms confidently meets these urgent needs.

CloudVerse has integrated with seven public cloud service providers: Amazon Web Services (AWS), Google Cloud Platform (GCP), Microsoft Azure, Alibaba Cloud, Tencent Cloud, Huawei Cloud and Digital Ocean. In 2023, the platform expects to integrate with many more cloud service providers including VNG Cloud.

- Advertisement -

A comprehensive centralized view of cloud resources and their utilization, cost, security compliance makes mutlciloud management extremely simple, secure and cos-efficient. CloudVerse currently supports IaaS (Infrastructure as a Service) and PaaS (Platform as a Service) services across above-mentioned seven clouds. The platform has plans to integrate SaaS (Software as a Service) services also soon.

CloudVerse provides recommendations to optimize cloud resources by identifying idle and underutilized cloud resources; including providing cloud cost analytics. The platform also sends notifications on spending, budget control, and other recommendations regarding cost optimization & security compliance, thus boosting cloud utilisation & productivity. Not only has its world-class functionality proven, but CloudVerse also closely complies with security standards such as ISO 27001, CIS, NIST and others to ensure the highest level of security for applications, data and infrastructure.

Chand Deshwal, Founder and CEO of CloudVerse shared: “Businesses in the digital economy are investing significantly in cloud services from multiple providers. CloudVerse, developed by a team of global engineers from Vietnam, India, and Singapore, will be the go-to management platform that helps businesses save costs, improve security and maximise productivity while improving the user experience. We aim to become the ‘metacloud’ or ‘supercloud’ (cloud of clouds) to connect the businesses with cloud service providers on a smart, efficient management platform”.

According to Gartner, the leading US firm in digital consulting and market research, the market prospect for cloud services is expected to exceed 1 trillion USD. Besides developing cloud computing technology to stay ahead of the trend, VNG’s investment in Cloudverse will be the foundation for developing networks with major cloud service providers globally and creating a centralised platform for businesses to manage their resources and optimise costs.

Besides the Vietnamese market, CloudVerse also targets Singapore, Indonesia, Thailand and India. “Our vision in the next three to five years is to become a global cloud technology company,” added Chand.

View original content to download multimedia:https://www.prnewswire.com/in/news-releases/vng-invests-in-cloudverse—the-global-multicloud-management-platform-301719192.html

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -

More Latest Stories

More Articles

How Drone and LiDAR Surveys are Redefining Railway and Highway Project Execution

India’s railway and highway networks rank among the largest and most transformative infrastructure systems in the world. They link cities, towns, and rural communities,...

How Union Budget 2026–27 Supports Small Logistics Players through TReDS and the SME Growth Fund

Union Budget 2026–27 marks a decisive shift in how India supports its small logistics players, moving from debt-based relief to equity and liquidity infrastructure. The ₹10,000 crore SME Growth Fund, mandatory TReDS adoption by Central Public Sector Enterprises, and GeM-TReDS integration directly address the...

Union Budget Focus on MSMEs: Why Efficient Warehousing Is the Missing Link

The Union Budget 2026–27 places Micro, Small, and Medium Enterprises (MSMEs) firmly at the...

Union Budget 2026: Solar & Clean Energy Industry Draws Mixed Reactions on Manufacturing, KUSUM Funding & Import Duty Exemptions

The solar and clean energy sector has welcomed Union Budget 2026–27 for its focus...

Union Budget 2026 Reactions: Healthcare Sector Welcomes Biopharma and Infra Push, Calls Public Health Investment Modest

The healthcare and healthtech sector welcomed the Union Budget 2026 for its focus on...

Boost Your Home’s Value and Comfort

Enhancing your home isn’t just about making it look beautiful—it’s about increasing comfort, functionality,...

Budget 2026: Strategy, Stability, and the Shift to Execution

The Union Budget of 2026 is not a document that hunts headlines. It is...

Union Budget 2026 Reactions: Tech Sector Welcomes AI Focus, Sees Cloud Tax Incentives as Boost To India’s Digital Growth

India’s Union Budget for 2026, presented on Feb 1 by Nirmala Sitharaman, further integrated...

Union Budget 2026 Reactions: AI, Skilling Take Centre Stage, Education Sector Calls for Better Execution

The education and skilling sector has broadly welcomed the Union Budget 2026 for its sharpened focus on artificial intelligence, workforce readiness, and education-to-employment linkages....

Budget 2026: FM Nirmala Sitharaman Cuts Customs Duty on Personal Imports, Cancer Drugs Among 17 Medicines Exempted

India Union Budget 2026: The Indian government has reduced the customs duty rate on...

Union Budget 2026: Nirmala Sitharaman Raises Capex to ₹12.2 Lakh Crore, Fiscal Deficit Projected at 4.3% for FY27

Union Budget 2026: Finance Minister Nirmala Sitharaman said the government has allocated ₹12.2 lakh...

Rewiring Academic Research: MBU’s Dr. T.V.V. Satyanarayana on How IECom Is Shaping India’s Intelligent Electronics Agenda

Speaking with TechGraph, Dr. T.V.V. Satyanarayana, Professor at Mohan Babu University (MBU), discussed how...

India’s Creator Economy Seeks Tax Clarity and Social Security Support in Budget 2026

As policymakers finalise Budget 2026, the creator economy stands at a crossroads between rapid...

India’s Tech Sector Looks to Budget 2026 for AI Incentives, Cybersecurity & Broader Digital Economy Reforms

As policymakers finalise Budget 2026, leaders across artificial intelligence, quantum computing, spacetech, and semiconductor ecosystems are urging the government to complement research funding with...

What Budget 2026 Should Do for Responsible AI Adoption

Over the past 5 years, Artificial Intelligence (AI) has become a core component of India's tech infrastructure. While the IndiaAI Mission, launched in 2024 with an outlay of ₹10,371 crore, provided a foundational push towards AI adoption in the country, the upcoming 2026 budget...

BTC to USDT: How to Convert Bitcoin to Tether Safely and Accurately

Looking to exchange BTC to USDT? With market volatility continuing to shape the crypto...

Simple Home Upgrades That Boost Property Value and Curb Appeal

Homeowners often seek affordable ways to increase property value and appeal to buyers. While...

Roombr Founder Satisha Naraharimurthy On Scalable Digital Learning Beyond Metro Schools

Speaking with TechGraph, Satisha Naraharimurthy, Founder and CEO of Roombr, discussed how schools have...

Techugo Appoints Akshay Gupta as Vice President of IT for Global Markets

In a move to expand into new markets, Techugo, a global mobile application and...

Foreign Secretary Cooper Denies UK’s Role in U.S. Operation Against Venezuela’s Maduro

The British Foreign Secretary, Yvette Cooper, said the UK was not involved in the...

US President Trump Says PM Modi “Knew I Was Not Happy,” Links India’s Russian Oil Import Cuts to Tariff Threats

US President Donald Trump praised Indian Prime Minister Narendra Modi for what he described...

India, Pakistan Exchange List of Nuclear Facilities Under Bilateral Agreement

India and Pakistan today exchanged the list of Nuclear Installations and facilities covered under...

Scaling Conversations: Superbot AI’s Sarvagya Mishra on Building Regional Voice AI for India’s Linguistic Markets

Speaking with TechGraph, Sarvagya Mishra, Founder and Director of Superbot, discussed how India’s shift...

When Cybersecurity Tools Break the System: The Hidden Risk Behind Digital Defenses

Cybersecurity solutions are designed to protect businesses from threats, but increasingly, these very tools...

Rewiring Academic Research: MBU’s Dr. T.V.V. Satyanarayana on How IECom Is Shaping India’s Intelligent Electronics Agenda

Speaking with TechGraph, Dr. T.V.V. Satyanarayana, Professor at Mohan Babu University (MBU), discussed how...

3 Things to Consider When Looking to Buy a Car

Buying a car is a big decision, whether it is your first vehicle or...

Platform-Led Homebuilding: WeHouse CEO Sripad Nandiraj on How On-Demand Construction Is Reshaping India’s Housing Market

Speaking with TechGraph, Sripad Nandiraj, Founder and CEO of WeHouse, discussed how home construction...

Rethinking Repayment: Zavo’s Kundan Shahi on Building a Support System for India’s EMI Borrowers

Speaking with TechGraph, Kundan Shahi, Founder of Zavo, discussed how EMI repayment in India...

FxFinex Trading Platform Review: A VIP Experience for Sophisticated Investors?

As a seasoned investor with an eye for high-quality trading platforms, I decided to...

India’s Creator Economy Seeks Tax Clarity and Social Security Support in Budget 2026

As policymakers finalise Budget 2026, the creator economy stands at a crossroads between rapid...

Scaling Conversations: Superbot AI’s Sarvagya Mishra on Building Regional Voice AI for India’s Linguistic Markets

Speaking with TechGraph, Sarvagya Mishra, Founder and Director of Superbot, discussed how India’s shift...

The Hidden Business Layer Behind IoT Connectivity

When people talk about the Internet of Things, the focus is usually on devices....

When Cybersecurity Tools Break the System: The Hidden Risk Behind Digital Defenses

Cybersecurity solutions are designed to protect businesses from threats, but increasingly, these very tools...