Clash of the Titans: Alibaba sets up data centre in Singapore to rival Amazon in the cloud

Grazed from FirstPost. Author: Editorial Staff.

Just weeks after announcing its plans to make a foray into the cloud computing market, Chinese e-commerce giant Alibaba Group Holding said it was "on track" to open its data centre in Singapore in September. The Singapore data centre will serve customers in Southeast Asia.

Alibaba, which will invest $1 billion in the next three years into its Aliyun cloud computing arm and set up data centres in the Middle East, Singapore, Japan and Europe, hopes "to overtake Amazon (AWS division) in four years, whether that’s in customers, technology, or worldwide scale."…

As it expands, Aliyun will face stiff competition from some of the biggest names in technology. Amazon led the global cloud infrastructure market with a 28 percent share in 2014, trailed by Microsoft, IBM and Google Inc at 10, 7 and 5 percent, respectively, according to Synergy Research Group..

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