Consolidated Financial Results for FY2020 slide image

Consolidated Financial Results for FY2020

Cloud Business (2) Growth Strategy ➤ Cross-selling Cloud services with various network services and SI function IIJ's Competitive Advantages IIJ's competitive advantage ➤ Blue-chip client base: Hands-on/close relationship with clients (Cloud as a cross-selling element) ➤ New business opportunity: Because blue-chips' internal systems have been covered by legacy system integrators, it is a new business opportunity for IIJ once such systems migrate toward Cloud. IIJ has not dealt with legacy internal enterprise systems ➤ Various network service line-ups such as security and various ways to access cloud systems (mobile, WAN, etc.) Competitors ➤ AWS (Amazon) & Azure (Microsoft): Strong scale merit. Focus on public cloud. Not so strong about meeting individual systems needs Because start-ups and SMEs do not have to worry about so much about existing systems, they tend to use Cloud services much more and much faster compared to large blue-chips who have large and complex existing systems ➤ Legacy system integrators who constructed and currently looking over blue chips' large internal systems Multi-Cloud Strategy Japanese enterprises avoid relying on single cloud service vendor and demands for multi-cloud is increasing ➤ IIJ provides private connectivity with Microsoft Azure/365, AWS (Amazon Web Service), GCP (Google Cloud Platform) ➤ IIJ provides operation and management services to effectively monitor an entire IT systems, covering IIJ's cloud services, other cloud vendors' cloud services and on-premise systems. IIJ's Cloud Business Model Revenue Revenue depends on system volume (i.e. number of cloud servers, volume of storage) ➤ Total Cloud revenue is to expand along with an increase in customer numbers and each system volume Cost ➤ Leasing fee for data center space, depreciation and amortization cost for servers and other network equipment, outsourcing cost and personnel costs for service developments Profit ➤ Currently very low profitability, need more revenue to have economy of scale Internet Initiative Japan Inc. 15
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