Alibaba sets up new data center in Asia to expand cloud business overseas

Texas News Today

Alibaba Cloud Intelligence President Zhang Jianfeng speaks at the opening ceremony of Alibaba Renhe Cloud Data Center in Hangzhou, Zhejiang Province, China on September 16, 2020.

Qian Chenfei | Chugoku Shimbun | Getty Images

GUANGZHOU, China – Alibaba plans to open its first data centers in South Korea and Thailand in 2022 as the Chinese tech giant looks to expand its cloud business overseas.

The e-commerce giant is China’s number one cloud computing player, but is focusing on expanding its footprint internationally, especially in other parts of Asia including Singapore, the Philippines and Indonesia, which also includes Amazon and This is against US giants like Microsoft.

Local data centers help businesses in these countries and regions access Alibaba’s cloud services. This will also help Chinese companies to increase their presence abroad.

Alibaba announced its plans along with several other new cloud products at the Apsara conference on Wednesday.

On Tuesday, Alibaba also launched a new chip called the Yitian 710 that goes into a server called Panjiu. It aims to enhance artificial intelligence applications on Alibaba’s cloud.

The company hopes that the custom chips will help it stand out from its competitors in the highly competitive cloud computing market.

Cloud computing currently accounts for about 8% of the company’s total revenue, but is considered Alibaba’s main profit driver in the long run. E-commerce remains a core business.

Alibaba sets up new data center in Asia to expand cloud business overseas

Source link Alibaba sets up new data center in Asia to expand cloud business overseas

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