Alibaba in big push to take on Amazon in cloud
June 8, 2015
Grazed from CNBC. Author: Arjun Kharpal.
In its strongest push outside of China, Alibaba has struck a series of partnerships to bolster its global cloud offerings, putting it in direct competition with the likes of Amazon, Google and Microsoft. The deals – including one with Intel – will see Aliyun, Alibaba’s cloud division, use existing data centers built by the partner companies to push its own services.
By not building new data centers Alibaba will save money and through the partnership be able to localize its cloud offering and tap potentially new markets. "There are more and more storage problems and more and more clients are in need for bigger storage capabilities," Simon Hu, President of Aliyun, told CNBC by phone…
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