Alibaba Group Holding is set to expand its activities in India from ecommerce computing solutions together with the launch next month of a brand-new data center within the nation, Asias 3rd biggest info technology market after Japan and China. The Hangzhou based firm said on Thursday its own cloud computing subsidiary, Alibaba Cloud, has partnered with telecoms services provider Global Cloud Xchange to open that structure in Mumbai, the financial center and most populous city in India. It marks an escalation of Alibaba Clouds global development initiatives since it seeks to unseat Amazon Web Services, a unit of US ecommerce company Amazon, as the worlds top supplier of cloud providers.
Simon Hu Xiaoming, that the president of Alibaba Cloud, said in a statement the new data center, which will increase the total number of its centers to 16 globally, will let us work closely with more Indian businesses from the worlds 6th biggest economy. These local businesses are innovative and operate in growth sectors, and we anticipate empowering them via our cloud computing and information technologies, said Hu. Cloud computing enables businesses to buy, sell, rent or distribute on-line a wide range of applications alongside other digital tools as an on demand service, exactly like electricity from a grid.
These resources are managed inside data centers. Cloud pertains to the web. Founded in the year 2009, Alibaba Cloud is the biggest supplier of cloud computing services in China. With about 2.3 million clients worldwide, Alibaba Cloud posted a 99 percent year-on year increase from revenue to 2.9 billion yuan in the quarter ended Sept 30. Revenue from massive scale cloud providers in India was estimated to represent exactly under 3 percent of the forecast globally entire market of US$28 billion this year, according to Toronto based consulting company Structure Research. The growth potential of Indias cloud solutions market remains brilliant given the sizeable presence of important system integrators and a growing developer community which Are building cloud native software, said Structure Research manager Jabez Tan.
From next month, Indian companies of any size will be capable To run their software on Alibaba Clouds platform, which include on-line storage tools and big data processing capabilities. Bill Barney, the chief executive of Reliance Communications and GCX subsidiary, Said in an interview that Alibaba Clouds entrance into India will offer a big boost to that the countrys position as a strategic geographical hub for cloud connectivity solutions. GCX announced last month that the development of its 16, 650 kilometre Eagle express fibre optic submarine cable system, designed to provide the fastest telecoms routes from Mumbai going east to Hong Kong and west to Italy. For NY listed Alibaba, owner of that the South China Morning Post, its previous commercial expansion efforts from India were focused on retail.