The Nikkei Daily in Japan is reporting that Fujitsu will invest $537 million in cloud computing for 2011.

That seems like a staggering investment to us but perhaps it’s not at all surprising considering the metamorphosis in the IT sector.
According to The Nikkei and Reuters, the investments will be for more servers and external memory storage at data centers in the U.S., the U.K., Germany, Australia and Singapore.
Fujitsu is not a name that is often thought of in terms of cloud computing. But it is one of the largest IT management services companies in the world, competing with the likes of companies such as CA and Microsoft, two providers with deep investments of their own in cloud computing.
A little more insight into the investment came at the Symantec conference last week during an interview with Fujitsu CTO Dr. Joseph Reger.
According to TechPulse 360, Reger said that relationships are developing, so to speak.
“The IT industry and the cloud thing are in the dating stage… Dating is when you see only the bright side, the opportunities and you don’t sit down and worry about what could be the issues.”
And like a lot of enterprise technology companies, Fujitsu is pushing for is own cloud stack for he enterprise:
“It is a step away from current IT but it needs to be connected to the current IT: so private-public cloud. We’re thinking about trusted boundaries, the security perimeters and so on. And we are seriously hoping that the cloud will be just another incarnation of IT, not a total different thing. Meaning that there will be a cloud stack where everybody can contribute… Because if the cloud is like an end to end proprietary big heater proposition, that’s not good for us, for you [Symantec] and for our customers either.”
Open standards, anyone?