To the cloud!
Businesses in China are looking to move filing, accounting and sales systems off physical servers and into the cloud.
Large foreign companies that specialize in cloud services -- a catch-all term for Internet-based services -- such as Microsoft (MSFT) and IBM (IBM) are moving into the China market, competing against local company Alibaba, which runs a major cloud service in China.
Selling software for research, such as mathematical modeling, can also be potentially quite lucrative, China Market Research analyst Ben Cavender said. Mapping software company Esri, for example, has expanded into China, with locations in Beijing and Hong Kong.
