While the legacy mindset is slowly disappearing from the market and swiftly becoming an anomaly in the U.S., Asia still poses as a challenge. Will cloud ever dominate global markets?

John Furrier (@furrier) and Peter Burris (@plburris), cohosts of theCUBE, from the SiliconANGLE Media team, spoke with Jabez Tan, research director at Structure Research, Ltd., during the IO Conversation event at the Rosewood Hotel in Menlo Park, CA, to discuss Asia’s future potential.

Asia: A burgeoning market

Tan described Asia as a particularly interesting market: While strongholds like Hong Kong, Tokyo and Singapore are quickly adopting cloud-based models, China, Thailand and Laos still lag behind.

“The level and the rate at which emerging third-world countries are adopting Internet and smartphones is enormous,” said Tan. “Go to Laos and Thailand, and you’ll discover young, emerging markets. You won’t quite see a great deal of infrastructure, but the potential for development and growth is huge.”

Growing potential for development

So should we be preparing more and more for a globalized workplace within technology? Tan isn’t so sure. After all, Asia is not without its challenges. Most Asian countries are steeped within the legacy mindset and don’t possess the same impartiality to open-sourced collaboration within the cloud that American companies do.

But plenty of potential exists even despite this, and heavyweights like Goldman Sachs are quickly taking notice. “Goldman Sachs is making a bet on Asia,” said Tan. “Companies are always searching for new avenues of growth and Asia does represent that.”

Watch the complete video interview below, and be sure to check out more of SiliconANGLE and theCUBE’s coverage of The IO Conversation – The Data Center as a Platform event.

Photo by SiliconANGLE