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Alibaba ties up with overseas partners to enhance business globally

byCustoms Today Report
11/06/2015
in Latest News
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BEIJING: Alibaba cloud computing division said it has teamed up with overseas Internet service and providers to lower the cost of its infrastructure as the company is stepping up globalization efforts.

The new initiative would allow Aliyun to utilize these partners’ existing facilities to localize its cloud computing offerings for regional needs of multinational companies in industries including finance, energy, online gaming, entertainment, healthcare and education.

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The new program would allow Alibaba to better leverage its own technology and expertise as well as partners’ existing network and at the same time improve networking efficiency and optimize cloud solutions, according to a joint statement today.

The first phase of the project includes seven partners including Singaporean telecommunication company Singtel, Dubai’s holding company Meraas, US data center and Internet exchange provider Equinix, covering the North America, Asia, Europe, the Middle East and North Africa.

Currently Aliyun has data centers in Beijing, Hangzhou, Qingdao, Hong Kong, Shenzhen, Silicon Valley, and another site in Dubai is under construction.

Globally, expenditure for both public and private cloud computing is expected to grow 28 percent this year to US$32 billion, according to technology consultancy IDC’s report.

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