Alibaba's
Alibaba Cloud, launched in 2009 as a subsidiary of Alibaba Group, first began as a private cloud computing network that solely served Alibaba's e-commerce businesses. Today, the cloud platform is of the most prominent in China, with six data centers on the mainland. In addition, Alibaba also operates eight regions across the world. Since its initial launch years ago, Alibaba Cloud has grown, and offers increasingly sophisticated services, such as object storage and elastic computing. Alibaba's introduction of high-tech products into the global market will allow them to focus on serving more customers in Europe, a region that has not received as many products in the past.
Yeming Wang, general manager of Alibaba Cloud Europe expanded on Alibaba's expansion into Europe, stating that they "need to service local clients leveraging [their] computers on the AI and big data." Wang continued, noting that the cloud computing arm of Alibaba in Europe "is still like a baby," and that their global presence is important because "everyone is talking about digital transformation." The creation of new products for Europe may lead to the expansion in the continent, which currently only has one Alibaba data center in Frankfurt, Germany. As such, Wang has also mentioned that Alibaba may introduce new data centers to the region. Current attempts to foster a stronger relationship with Europe is Alibaba's plan to establish relationships with Vodafone
For its companies in America, the company has already seen growth in revenue. Alibaba has already offered its cloud computing services to Chinese companies that are also located in the U.S., such as the drone producer DJI (INDEXDJX: .DJI). In addition, the e-commerce and AI conglomerate is currently targeting American companies that use Alibaba services in their data centers in China, pressuring them to use Alibaba services in America as well. However, such expansion in America will not be met without competition. E-commerce giant Amazon
- https://www.cnbc.com/2018/02/27/alibaba-cloud-expands-products-in-europe-to-take-on-amazon-microsoft.html
- https://www.rt.com/business/419921-alibaba-ai-europe-challenge/
- https://www.streetinsider.com/Management+Comments/Alibaba+%28BABA%29+Announces+Launch+of+Cloud+%26+A.I.+Solutions+in+Europe/13867660.html
- http://www.scmp.com/tech/china-tech/article/2135030/alibaba-cloud-sets-sights-us-it-expands-services-europe