Cloud Ace Co., Ltd. (headquarters: Chiyoda-ku, Tokyo; President and CEO: Makoto Aoki), a subsidiary of Yoshidumi Holdings Co., Ltd., announced on March 10, 2023 that it has established a new subsidiary in Brazil.

Cloud Ace has been expanding its business globally, starting with Asia, with the goal of having offices all over the world. Our most recent addition is a new subsidiary in Brazil, the largest economy in South America.

Brazil has recently seen startup investments exceeding 1 trillion yen and the birth of 11 unicorn companies, creating the largest startup ecosystem in South America. In addition, the public cloud market in Brazil is expected to grow at an annual rate of more than 18% by 2027, further fueling demand for cloud computing.

In this market where new technologies and services are expected to be created, we will provide optimal solutions by leveraging our Google Cloud know-how and technological capabilities.

The establishment of the Brazilian subsidiary will be the 15th sales office of the group, following those in Japan (Tokyo, Osaka, Nagoya, Fukuoka), Vietnam (Hanoi, Ho Chi Minh City), Singapore, Taiwan, Indonesia, Thailand, China, Hong Kong, India, and Germany. We will continue to further strengthen our global development system with coordinated engineering resources at all locations, and to provide world-class technological capabilities and improve service quality.


■About the Brazil subsidiary
Company name: CLOUD ACE LTDA.

■About Yoshidumi Holdings Co., Ltd.
President and CEO: Ayatoshi Yoshidumi
Address: Tokyo Sankei Building 26F, 1-7-2 Otemachi, Chiyoda-ku, Tokyo 100-0004, Japan

■ About Cloud Ace Co., Ltd.
Headquarters: Tokyo Sankei Building 26F, 1-7-2 Otemachi, Chiyoda-ku, Tokyo 100-0004, Japan
President and Representative Director : Makoto Aoki
Business Description: Cloud Ace is a system integrator specializing in Google Cloud that provides one-stop support from cloud implementation design to operation and maintenance, and is also a Google Maps Platform partner. As a Google Cloud managed service provider, we provide technical support in all areas of application development and machine learning, as well as consulting, system development, and Google Cloud certified training. With over 120 partners in Japan and Asia, we serve the diverse needs of companies working to digitize.

■ For inquiries regarding this press release
Cloud Ace Co., Ltd., Marketing dpt, Public Relations