Alibaba Cloud

Alibaba Group Announces Chairman and CEO Succession Plan

Retrieved on: 
Tuesday, June 20, 2023
Networks, Internet, Technology, Artificial Intelligence, Software, Cloud, Advertising, Equity Group Holdings, College, Hong Kong Stock Exchange, Alibaba Group, Lead, Alibaba Cloud, Intelligence, Head, BABA, Motherboard, Information, Cloud computing, HKEX, Zhejiang University, Growth, AI, NYSE, Main Board for Serb Liberation, Management, Online shopping, Tmall, Taobao, Alipay, Ali Baba

Alibaba Group Holding Limited’s (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) board of directors today announced that Joseph C. Tsai, currently Executive Vice Chairman, will succeed Daniel Zhang as Chairman of the Company.

Key Points: 
  • Alibaba Group Holding Limited’s (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) board of directors today announced that Joseph C. Tsai, currently Executive Vice Chairman, will succeed Daniel Zhang as Chairman of the Company.
  • Following this transition, Mr. Zhang will continue to lead Alibaba Cloud Intelligence Group as its Chairman and Chief Executive Officer.
  • “It has been an incredible honor and privilege to lead Alibaba Group as CEO over the past eight years and Chairman over the past four years.
  • I look forward to working closely with Joe and Eddie in the coming months to ensure a seamless transition,” said Daniel Zhang, Chairman and CEO of Alibaba Group.

BitValue Capital Drives Hong Kong's Web3 Development: Fostering Innovation and Supporting Startups in the Global Hub of Finance and Technology

Retrieved on: 
Monday, June 19, 2023
Cloud, Blockchain, DAO, Communication, IDO, NFT, BSCS, CIP, Decentralized application, Sequoia, Marketing, Incubator, Internet, API, Merge, Alibaba Cloud, Decentralized finance, Creation, System Support Program, ZhenFund, Social media, EVM, Executive Committee, RACA, OSL, Matrix, Ecosystem, Research, Coinbase, Beacon, Tutoring, Cryptocurrency, Vaccine, Medical device, Block, Web3, Metaverse, Discord, Cyberport

Toronto, Ontario, Canada, June 19, 2023 (GLOBE NEWSWIRE) -- Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation.

Key Points: 
  • Toronto, Ontario, Canada, June 19, 2023 (GLOBE NEWSWIRE) -- Hong Kong is one of the largest financial centers in Asia and a leading global hub for technology innovation.
  • The event, organized by BitValue Capital, aimed to promote international communication and collaboration in blockchain technology, enhance understanding and awareness of blockchain technology.
  • To further promote the healthy and sustainable innovation of Web3.0 globally, BitValue Capital announced its $100 million Web3.0 venture capital fund last year.
  • - Local company registration and regulatory compliance to ensure that our incubators are operating legally and efficiently in Hong Kong.

Grafana Ships v10 on 10-Year Anniversary as It Surpasses 20 Million Users

Retrieved on: 
Tuesday, June 13, 2023
Data Management, Security, Apps, Applications, Technology, Software, Internet, Hardware, Cloud, Loki, DevOps, CNC, Correlation, Tempo, Datadog, Alibaba Cloud, Microsoft, Multimedia, Research, Blog, K6, Access control, Wavefront, RBAC, SAML, IRM, Snowflake, Observability, UX, City, ServiceNow, MongoDB, Health, AWS, DHL, AppDynamics, Dynatrace, GB, Video game, Cassette tape, Satellite navigation device, Prometheus, Grafana, Oracle, New Relic, Splunk

His vision was an open source tool for easily visualizing and querying observability data from any data source, and Grafana was born.

Key Points: 
  • His vision was an open source tool for easily visualizing and querying observability data from any data source, and Grafana was born.
  • To try out the new features, upgrade to Grafana 10 now or spin up a Grafana Cloud account for free.
  • In the Grafana Labs 2023 Observability Survey , 38 percent of respondents said they have more than 7 data sources configured in Grafana.
  • Additionally, Grafana Labs has partnerships with Tencent Cloud and Alibaba Cloud for managed Grafana offerings in the Asia-Pacific region.

Equinix to Expand Digital Infrastructure Platform in Malaysia to Kuala Lumpur

Retrieved on: 
Monday, June 12, 2023
Cloud, Amazon Web Services, MIDA, Internet, KL1, Alibaba Cloud, Microsoft, Malaysian Investment Development Authority, Cloud computing, Multimedia, EQIX, MD, Investment, MSC Malaysia, Google Cloud, Microsoft Azure, Artificial intelligence, Growth, Azure, Ecosystem, Digital, AWS, Electric power, Online shopping, Management, Retail, Film industry, ASEAN, Equinix

REDWOOD CITY, Calif., June 11, 2023 /PRNewswire/ -- As Malaysia continues to grow as a strategic regional hub for digital interconnection between businesses, Equinix, Inc. (Nasdaq: EQIX), the world's digital infrastructure company®, plans to open its first data center in Kuala Lumpur in Q1 2024, following its expansion announcement last year to enter Malaysia with a data center in Johor. Spurred by strong cloud growth and e-commerce adoption, as well as its continued investment in 5G, Malaysia is one of the fastest growing data center markets in the ASEAN region, with much of the development attributed to Johor and Kuala Lumpur.1 Equinix's expansion is expected to provide greater digital infrastructure capacity in Malaysia to address rising demand from local and global companies expanding in the country.

Key Points: 
  • As Malaysia enters Phase 2 of its MyDIGITAL blueprint for a digital economy, demand for digital infrastructure is expected to remain robust.
  • The new facility in Kuala Lumpur, named KL1, together with the recently announced JH1 in Johor, will also provide digital infrastructure that businesses need to capitalize on the country's digital economy.
  • The Malaysia Digital (MD) national strategic initiative serves as a catalyst to revolutionize our digital capabilities, bolstering our value proposition to attract digital investments and propel the digital economy forward.
  • Kuala Lumpur offers a vibrant tech ecosystem, robust digital infrastructure and dynamic talent that is well-enabled to support Equinix's investment goals and aspiration of supporting Malaysia's digital transformation."

Exclusive Research Report on Worldwide Data Center Market by Arizton - Investment Prospects in 9 Regions and 51 Countries

Retrieved on: 
Tuesday, June 6, 2023
Cloud, Immersion, Digital Realty, Amazon Web Services, Iron Mountain, Investment, Data, Computation, COVID-19, Alibaba Cloud, Intelligence, Microsoft, OVHcloud, Equinix, IBM Cloud, Tax holiday, Hyperscale computing, AI, Demand, AWS, Cryptocurrency, Medical device, Renewable energy, Meta, Oracle

They are involved in the development of several cloud regions globally, which will increase data center investments.

Key Points: 
  • They are involved in the development of several cloud regions globally, which will increase data center investments.
  • Meta (Facebook) Puts Expansion Projects on Hold to Develop AI-Optimized Data Center Designs, Highlighting Importance of Advanced Cooling Technologies.
  • Tax Incentives Drive Data Center Market Growth, with the U.S. and India Leading the Way
    Data Center Market Growth Fueled by Tax Incentives as Countries Compete for Operators.
  • The company aims to design a new AI data center and redesign its data center facilities for artificial intelligence workloads.

Exclusive Research Report on Worldwide Data Center Market by Arizton - Investment Prospects in 9 Regions and 51 Countries

Retrieved on: 
Tuesday, June 6, 2023
Cloud, Immersion, Digital Realty, Amazon Web Services, Iron Mountain, Investment, Data, Computation, COVID-19, Alibaba Cloud, Intelligence, Microsoft, OVHcloud, Equinix, IBM Cloud, Tax holiday, Hyperscale computing, AI, Demand, AWS, Cryptocurrency, Medical device, Renewable energy, Meta, Oracle

They are involved in the development of several cloud regions globally, which will increase data center investments.

Key Points: 
  • They are involved in the development of several cloud regions globally, which will increase data center investments.
  • Meta (Facebook) Puts Expansion Projects on Hold to Develop AI-Optimized Data Center Designs, Highlighting Importance of Advanced Cooling Technologies.
  • Tax Incentives Drive Data Center Market Growth, with the U.S. and India Leading the Way
    Data Center Market Growth Fueled by Tax Incentives as Countries Compete for Operators.
  • The company aims to design a new AI data center and redesign its data center facilities for artificial intelligence workloads.

MongoDB, Inc. Announces First Quarter Fiscal 2024 Financial Results

Retrieved on: 
Thursday, June 1, 2023
Cloud, Partnership, MongoDB Inc., Atlas, Alibaba Cloud, GAAP, Ratio, Investment, Growth, MongoDB, City, Temenos, AI, Cryptocurrency, Bank, Ali Baba

"MongoDB began fiscal 2024 with strong first quarter results, highlighted by 40% Atlas revenue growth and the most net new customer additions in over two years.

Key Points: 
  • "MongoDB began fiscal 2024 with strong first quarter results, highlighted by 40% Atlas revenue growth and the most net new customer additions in over two years.
  • Revenue: Total revenue was $368.3 million for the first quarter of fiscal 2024, an increase of 29% year-over-year.
  • Gross Profit: Gross profit was $270.8 million for the first quarter of fiscal 2024, representing a 74% gross margin compared to 73% in the year-ago period.
  • Based on information available to management as of today, June 1, 2023, MongoDB is issuing the following financial guidance for the second quarter and full year fiscal 2024.

Worldwide Data Center Construction Market Report 2023 - Sector to Reach $73.43 Billion by 2028 at a 6.4% CAGR

Retrieved on: 
Wednesday, May 31, 2023
Cloud, Digital Realty, Amazon Web Services, Iron Mountain, Meta, SDDC, Internet of things, HVO, Data, Alibaba Cloud, Microsoft, USD, OVHcloud, Equinix, IBM Cloud, Big data, Investment, HPC, UPS, Artificial intelligence, OPEX, Hyperscale computing, AWS, Retail, Oracle

DUBLIN, May 31, 2023 /PRNewswire/ -- The "Worldwide Data Center Construction Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, May 31, 2023 /PRNewswire/ -- The "Worldwide Data Center Construction Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.
  • The global data center construction market is expected to grow at a CAGR of 6.50% from 2022 to 2028.
  • In 2022, the global data center construction market witnessed investments of over USD 50 billion owing to investments from colocation operators, such as Equinix, Digital Realty, Vantage Data Centers, STACK Infrastructure, Iron Mountain, QTS Realty Trust, NTT Global Data Centers, DataBank, and ST Telemedia Global Data Centres.
  • In 2022, the data center construction market witnessed supply chain-related challenges to support infrastructure providers.

MongoDB and Alibaba Cloud Extend Global Partnership

Retrieved on: 
Thursday, May 25, 2023
Cloud, Database, Partnership, MongoDB Inc., Design Worldwide Partnership, Alibaba Cloud, Intelligence, Alibaba Group, Digital technology, Growth, MongoDB, NYSE, Online shopping, Yuan Xindong

NEW YORK, May 25, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group (NYSE: BABA), today announced a four-year extension to their strategic global partnership that has seen significant growth since being announced in 2019. MongoDB provides the world's most popular non-relational database, and through this partnership, customers can easily adopt and consume MongoDB-as-a-service—ApsaraDB for MongoDB—from Alibaba Cloud's data centers globally. Customers can use ApsaraDB for MongoDB to quickly and easily build modern applications at enterprise scale. The two companies are now collaborating to further integrate MongoDB and Alibaba Cloud services to serve even more customers across industries such as gaming, automotive, and content development globally.

Key Points: 
  • NEW YORK, May 25, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group (NYSE: BABA), today announced a four-year extension to their strategic global partnership that has seen significant growth since being announced in 2019.
  • MongoDB provides the world's most popular non-relational database, and through this partnership, customers can easily adopt and consume MongoDB-as-a-service—ApsaraDB for MongoDB—from Alibaba Cloud's data centers globally.
  • "MongoDB's partnership with Alibaba Cloud is valuable for our customers for several reasons," said Alan Chhabra, Executive Vice President for Worldwide Partnerships at MongoDB.
  • Alibaba Cloud works closely with MongoDB's technical teams to rapidly develop and launch cloud services for its customers.

Security Outweighs Availability and Cost as the Top Determinant for Cloud Vendor Selection

Retrieved on: 
Wednesday, May 24, 2023
Cloud, Telecommunications, Public sector, Financial services, Confidence, Research, Risk management, Alibaba Cloud, Intelligence, Security, Organization, Alibaba Group, Digital technology, Role, Online shopping, Video game, Retail

"The Next-Generation Cloud Strategy in Asia" survey obtained responses from 1,000 organizations across eight markets in Asia that are currently using cloud.

Key Points: 
  • "The Next-Generation Cloud Strategy in Asia" survey obtained responses from 1,000 organizations across eight markets in Asia that are currently using cloud.
  • Respondents listed security as the top reason for choosing their current strategy (private cloud: 74%; hybrid cloud: 70%; public cloud: 58%).
  • In choosing their cloud vendors, more than two-thirds (69%) of all respondents stated that security is the most important consideration, outweighing other factors such as availability (58%) and cost (55%).
  • Beyond security, insufficient training for employees (private cloud: 42%; public cloud: 37%) and lack of budget (private cloud: 36%; public cloud: 36%) are the other major barriers businesses experience when implementing an effective cloud strategy.