Alibaba Cloud Announces Plans for Strategic Partnership with SAP

Alibaba Cloud Announces Plans for Strategic Partnership with SAP

Alibaba Cloud, the cloud computing arm of Alibaba Group today announced plans to enter into a strategic partnership with SAP China, with a goal of jointly delivering enterprise-class cloud computing services to companies in China. The alliance aims to accelerate the introduction and adoption of enterprise-class cloud computing across multiple industries to help businesses accelerate their digital transformation.

The partnership initially plans to focus on integrating the resources of Alibaba Cloud and SAP on the Alibaba Cloud platform. Businesses are expected to benefit from a versatile, one-stop-shop cloud computing environment that is enabled by Alibaba Cloud’s high-reliability and high-performance cloud infrastructure, SAP’s world-leading enterprise-class database and business application solutions and SAP’s software-as-a-service (SaaS) offerings — all interoperating seamlessly.

Alibaba Cloud intends to collaborate with SAP to jointly market and deploy SAP HANA One and SAP’s SaaS solutions, enabling businesses to reap the benefits of SAP applications and Alibaba Cloud’s powerful cloud computing resources more conveniently.

Mark Gibbs, President of SAP Greater China said, “Alibaba Cloud is China’s leading public cloud platform, and SAP is deeply focused on deploying its cloud portfolio and services in China. Through this win-win partnership in the Cloud, we will collaboratively grow the ecosystem and bring more innovative cloud solutions to China market. Together, we will help enterprises to simplify their IT infrastructure, realize business value and accelerate digital transformation.”

Simon Hu, President of Alibaba Cloud said, “Alibaba Cloud is delighted to work with SAP on a strategic alliance that will help Chinese companies and businesses around the world in their transformation from Internet Technology (IT) to the emerging age of Data Technology (DT). Cloud computing has become the basis of a new economy based on data, driving technological innovations that push the traditional boundaries of business farther than ever before and creating greater value for all stakeholders. Together, Alibaba Cloud and SAP will seek to build a unified ecosystem that makes cloud computing more accessible to businesses and organizations everywhere and converts computing power into commercial benefit.”

Alibaba Cloud is one of the world’s leading cloud computing platforms, and China’s largest, with services covering more than 200 countries and regions. Alibaba Cloud provides cloud computing and big data services to more than 1.8 million users in the finance, transportation, genomics, medical and meteorological industries. In the course of service fulfilment Alibaba Cloud has handled challenging scenarios involving massive numbers of transactions with ease, including during the Tmall “Double 11” Global Shopping Festival and rail ticket sales for the Spring Festival on

Miss QT started her career with Credit Suisse Investment Bank issuing Structured Products to Private Banks, and later joined UBS Private Bank where she spent the bulk of her career. She works at a Technology Hedge Fund that specializes in global technology investments. A graduate of Duke University, she holds two degrees from the School of Engineering, and double majored in Computer Science and Mathematics. She trades the Global Equities Market and conducts proprietary reesearch on Algorithmic Investing (from Quandl with over 10 million datasets to Multicharts) to improve investment decisions. During her free time, Miss QT plays Golf.