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Frost & Sullivan released a report on the Emerging Asia-Pacific Hybrid Cloud Market, which is a computing environment that connects public, private and edge clouds via a virtual network. This region is favorable for the hybrid cloud market due to various factors, such as government policies and strategic partnerships. Hybrid cloud provides various resources and services, including Technology as a Service, Infrastructure as a Service, and Expertise as a service. In Thailand, the government has proposed the Thailand 4.0 initiative to transform the country into a high-tech digital economy, with Alibaba Cloud, Huawei Cloud, and Tencent Cloud competing in the market.
