Alibaba Cloud, the data intelligence venture of Chinese e-commerce giant Alibaba Group, announced investing USD 283 million during the fiscal year for supporting the global working partners and create a broad scope of joint innovation in the post-pandemic era.
The objective is to help partners in accelerating their digitalization capabilities and to create joint products and solutions for offering better service to customers and creating a positive brand image.
“As Alibaba Cloud continues to expand our product and services offerings, we want to bring even more opportunities to our partners so that we can collaboratively innovate to bring the most up-to-date services to our customers, and generate business success for them,” Lancelot Guo, VP of Alibaba Group, and GM of Ecosystem and Sales Operations, Alibaba Cloud Intelligence, said in a statement.
Alibaba Cloud is currently working closely with 10,000 global partners and has more than 350,000 customers worldwide.
“The investment will show our commitment to help partners integrate their businesses with Alibaba cloud, and together we will create more value for global cloud industry,” he added.
Before taking a step into the integration initiative, Alibaba Cloud has developed more than 500 joint solutions catering to industries such as manufacturing, retail, fintech, media, and entertainment. These solutions were developed after collaborating with Intel, VMware, SAP, Red Hat, Salesforce, and Fortinet.
“Alibaba Cloud has cultivated strategic partnerships with Global System Integrators like Infosys to drive business growth in India, China, and the rest of the world,” said Alex Li, General Manager, Alibaba Cloud, South Asia.
“We are committed to working and cultivating partnerships with Global System Integrators across several areas including sales, delivery, technology and services,” he added.
There are more investments to be carried out in the fiscal year, and with this, Alibaba Cloud plans to introduce new, improved work process with partners to increase communication efficacy. All this will happen because parties need to respond to changing customer demands, especially during uncertain times, namely, the COVID-19 pandemic.