The Rise of Alibaba Cloud (AliYun)
A little history
Alibaba Cloud is an Alibaba Group company, headquartered in Hangzhou China and is the top provider of Cloud computing services in China. Alibaba launched its cloud business back in 2009, just three years after Amazon unveiled AWS. Alibaba Cloud or “AliYun” made an investment of $1B in 2015 to get more focused in competing with the big Cloud providers. The ROI on that investment is showing up now as it is being ranked in the top five or six top global cloud providers list according to two separate industry reports. At home in China, it is the #1 cloud provider with over 40% market share along with Microsoft and AWS are which are in the top five list. Recently Alibaba Cloud made a big splash in the media with their recent cloud offerings to non-Chinese customers in Europe. Read More
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