IT-as-a-Service. Possibly another buzzword that may reach the peak of hype and then fade away in a millisecond. But even if so, this new concept will persist by some other name.

Unlike IaaS, PaaS, SaaS, etc. ITaaS isn’t a technology model. It’s a new mind-set and approach to delivering enterprise IT services - where IT operates and competes for “business” as-would a service provider.And, like a commercial SP entity, it actually tries to encourage service consumption, rather than discourage it.

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MONARCH BAY, Calif., May 14, 2012 /PRNewswire/ — Microelectronics Technology Co. (MELY.PK – News):  The Company is pleased to provide an update regarding the Cloud Computing Opportunities the company is strategically positioning to take advantage for future growth.

Independent research firm Forrester Research expects the global cloud computing market to reach $241 billion in 2020 compared to $40.7 in 2010, according to a new Forrester report called “Sizing the Cloud.” The report aims to provide insights into the future market size of cloud computing segment while trying to predict market growth dynamics in a new IT environment driven by rapidly growing number of cloud computing services and applications.

Forrester’s report provides market forecast on 12 different market segments for the next decade, forecasting shifts in the usage patterns of cloud infrastructure, business applications for the cloud and cloud platforms that are becoming increasingly widespread.

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Monarch Bay, Calif., May 10, 2012 /PRNewswire/ – Microelectronics Technology Co. (OTC-BB: MELY.PK): Microelectronics Technology Corporation is pleased to announce its wholly owned subsidiary Cloud Data Corps’s new business center the Dynamo Server Division has completed its search for a suitable co-location partner to begin the  deployment of dedicated servers to meet the needs of Cloud Data Corps existing clientele.

The Dynamo server offering will consist of valued priced dedicated server rentals to third party customers. The servers will be located within Canada.  This division is a response to the significant demand by the company’s customer base, creating a niche market for the company to exploit with the assurance of an in place customer base upon initiation.

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