Alibaba CEO says cloud business “continues to defy gravity” as revenue increases 99% year on year

Alibaba Group has recorded cloud revenues of RMB 2,975 million ($342.1m) for its most recent quarter, up 99% year on year, with CEO Daniel Zhang telling analysts its cloud business “continues to defy gravity.”

The company said it was seeing ‘significant traction and diversification of customers and revenue’ in its cloud service, and will ‘continue to invest to further expand the market through valuable services for our cloud customers.’

Total revenues for the quarter hit...

By James Bourne, 03 November 2017, 0 comments. Categories: Alibaba, Data & Analytics, Economy, Industry.

Alibaba gives update on cloud roadmap – with blockchain, IoT and AI of note going forward

Alibaba’s ambition in the cloud arena is well-known – with progress certainly being made if reports are to be believed – and to illustrate, the company outlined a variety of clients and technology opportunities at its Computing Conference in Hangzhou.

Simon Hu, president of Alibaba Cloud, took to the stage to offer a progress update about the company’s cloud push and vision.

More than one million paying customers are on Alibaba Cloud – a fact revealed during the company’s most recent...

By James Bourne, 18 October 2017, 0 comments. Categories: Alibaba, Blockchain, Data & Analytics, Economy, Platform.

Gartner puts Alibaba in third place for public cloud IaaS behind AWS and Microsoft

Amazon Web Services (AWS) continues to hold all the aces in public cloud infrastructure as a service (IaaS) ahead of Microsoft – but Alibaba is ahead of Google to take third place in the market.

That is according to the analysts at Gartner, who argue the global IaaS public cloud market grew 31% in 2016 to total $22.1 billion (£16.5bn). AWS comprises 44% of that market share, at $9.78bn, with Microsoft in second on $1.58bn, Alibaba third on $675m, Google on $500m and Rackspace at $484m.

Alibaba,...

By James Bourne, 28 September 2017, 0 comments. Categories: Alibaba, Data Centres, IaaS, Infrastructure, Research.

Alibaba passes one million paying cloud customers as CEO calls it ‘merely a starting point’

Alibaba has broken the one million mark for paying customers of its cloud computing business with revenues increasing 96% year over year, according to the company’s latest financial statement.

Revenues from cloud computing totalled RMB 2,431 million (£278m) in the quarter ending June 30, while the total number of customers was 1,011,000, up 15.7% from 874,000 in the previous quarter.

Alibaba clearly defines its cloud computing revenue in its reporting – something of a change to many other...

By James Bourne, 18 August 2017, 0 comments. Categories: Alibaba, Economy, Industry, Infrastructure.

Alibaba cloud goes global, launching four new data centres by end of 2016

(c)iStock.com/Maxiphoto

Chinese eCommerce giant Alibaba has beefed up its cloud operations with the announcement of four new data centres opening by the end of 2016 in Germany, the Middle East, Australia, and Japan.

The German data centre, located in Frankfurt, will be run in partnership with Vodafone, while Sydney will host the Australian data centre with a dedicated team. Japan’s data centre opening will continue Alibaba’s partnership with SoftBank announced earlier this year, while the launch...

By James Bourne, 21 November 2016, 0 comments. Categories: Alibaba, Data Centres, Data Management, IaaS, Infrastructure.