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

Alibaba Cloud Intelligence President Zhang Jianfeng will speak 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 Chinese tech giants seek to expand their cloud business further overseas.

The e-commerce giant is China’s number one cloud computing player, but is focused on expanding its footsteps internationally, especially to other parts of Asia, including Singapore, the Philippines and Indonesia, including Amazon and It is against American giants such as Microsoft.

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

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

On Tuesday, Alibaba also launched a new chip called the Yitian 710 that goes into a server called Panjiu. The purpose is to enhance the artificial intelligence application on Alibaba’s cloud.

The company hopes that custom chips will help it stand out from its rivals 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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