Can Alibaba Cloud take on AWS, Google, IBM and Microsoft in…

Alibaba Cloud is extending services and capabilities outside of China at a rapid rate, targeting the wider Asia Pacific market to close the gap with industry rivals.

That’s according to analyst firm GlobalData, which considers the technology giant as a credible threat to Amazon Web Services (AWS), Microsoft Azure, Google Cloud and IBM across the region.

“While global cloud providers – AWS, Google, IBM and Microsoft – have been active in APAC, there are many providers competing for a share of the market. In particular, Alibaba Cloud is a rising cloud provider and a force to be reckoned with,” said Siow Meng Soh, technology analyst at GlobalData.

Soh said Alibaba Cloud has almost 50 per cent of the infrastructure-as-a-service (IaaS) market share in China, with the vendor’s annual revenue growing 101 per cent during FY2018 to $2.1 billion.

Furthermore, the provider also has a “strong presence” across various industries in China, including retail, e-commerce, logistics, manufacturing and banking.

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