Friday, January 27, 2023
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory
  • Login
  • Register
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
No Result
View All Result
Cloud7 News
No Result
View All Result

Home > Cloud Computing > Alibaba Group ranked third in the global IaaS market

Alibaba Group ranked third in the global IaaS market

Alibaba Group’s market share in the global IaaS market climbed to 9.5% in 2020, up from 8.8% the year earlier, according to the report.


Julide Gamze Cecen Julide Gamze Cecen
April 24, 2021
1 min read
Alibaba Group ranked third in the global IaaS market

The report showed Alibaba Group’s position in various vertical sectors in the global IaaS market including education (1st), banking and securities (3rd), utilities (3rd) and retail (3rd). Alibaba Group saw its IaaS market share in the global education industry climb to 24.3% in 2020 from 18.8% in 2019, holding the number one share in the education vertical sector in 2020.

Additional investment

The annual report once again demonstrated Alibaba Cloud’s commitment to its global strategy to grow its worldwide presence by enhancing its global infrastructure and network. Last year, the digital technology and intelligence that it will invest an additional RMB200 billion (approximately US$28 billion) in the next three years on its cloud infrastructure, focusing on technologies including operating systems, servers, chips and its network.

Jeff Zhang, president of Alibaba Cloud Intelligence
Jeff Zhang, president of Alibaba Cloud Intelligence

Jeff Zhang, president of Alibaba Cloud Intelligence said,

“It is encouraging to see Alibaba Group ranked third in the global IaaS market again. We will continue to work closely with our global partners to upgrade our solutions and technologies to become the trusted partner of choice for more customers around the world. We believe the report is also a recognition of our increased efforts in the education sector to help schools continue their lessons during the coronavirus outbreak via leveraging our digital-learning solutions.”

69 zones in 23 regions

Alibaba Cloud currently has 69 availability zones in 23 regions, serving millions of customers across the globe. In the 2020 fiscal year, it supported 38 percent of the Fortune 500 companies. It has more than 80 security and compliance accreditations worldwide.

Alibaba Cloud is the technology and public cloud platform underpinning Alibaba’s rich and diverse ecosystem, which ranges from e-commerce and payment, to logistics and supply chain management solutions. It supported $74.1 billion in transactions over an 11-day period during Alibaba’s 11.11 Global Shopping Festival last year with zero downtime.

See more Cloud Computing News


Tags: Alibaba
Julide Gamze Cecen

Julide Gamze Cecen

Julide Gamze Cecen is the multimedia editor of the Cloud7 News. Julide is a solid Linux user, opensource and cybersecurity enthusiast and a front-end web application developer.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms & Conditions and Privacy Policy.

Next Post
How to secure a WordPress site in 7 steps

How to secure a WordPress site in 7 steps

Related News

Gcore launches budget virtual machines for light web services

Gcore launches budget virtual machines for light web services

January 22, 2023 12:00 pm
OVHcloud appoints Stéphanie Besnier as CFO

OVHcloud appoints Stéphanie Besnier as CFO

January 20, 2023 5:10 pm
VMware integrated Venafi's machine identity management into Tanzu Service Mesh

VMware integrated Venafi’s machine identity management into Tanzu Service Mesh

January 19, 2023 4:15 pm
PacketFabric and Unitas Global announce merger

PacketFabric and Unitas Global announce merger

January 18, 2023 3:30 pm
Get free daily newsletters from Cloud7 News Get the Cloud7 Newsletter
Select list(s):

Check your inbox or spam folder to confirm your subscription.

By subscribing, you agree to our
Copyright Policy and Privacy Policy

Get the free newsletter

Subscribe to receive the latest IT business updates straight to your inbox.

Select list(s):

Check your inbox or spam folder to confirm your subscription.

Editor's Choice

What’s new in Linux kernel 6.2 rc5?

10 Best Web Hosting Services of 2023

Ubuntu 22.04 LTS is available for download. What is new?

CERN and Fermilab recommend AlmaLinux

7 best hosting control panels of 2023

How to update Linux Kernel without rebooting?

7 best Linux mail servers of 2023

7 best cPanel alternatives for 2023

7 best Linux web browsers for 2023

7 best CentOS alternatives

7 best Linux server distros of 2023

Interview with Igor Seletskiy on AlmaLinux

How to create a VM and install a Linux distro on VMware Workstation

Recent News

  • DXVK 2.1 is now available, bringing HDR and HDR10 color space support
  • Freespire 9.0 is now available for download
  • Intel to layoff hundreds of workers
  • Wine 8.0 is ready to download. What is new?
  • Google Workspace now lets users set their pronouns

Cloud7 News
Cloud7 is a news source that publishes the latest news, reviews, comparisons, opinions, and exclusive interviews to help tech users of high-experience levels in the IT industry.

EXPLORE

  • Web Hosting
  • Cloud Computing
  • Data Center
  • Cybersecurity
  • Linux
  • Network/Internet
  • Software
  • Hardware
  • How-Tos
  • Troubleshooting

RESOURCES

  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

Get the Cloud7 Newsletter

Get FREE daily newsletters from Cloud7 delivering the latest news and reviews.

  • About
  • Privacy & Policy
  • Copyright Policy
  • Contact

© 2022, Cloud7 News. All rights reserved.

No Result
View All Result
  • Cloud Computing
  • Web Hosting
  • Data Center
  • Linux
  • Cybersecurity
  • More
    • Network/Internet
    • Windows
    • Software
    • Hardware
    • Blockchain
    • Policy/Legislation
    • How-Tos
    • Troubleshooting
  • Events
  • Interviews
  • Jobs
  • Opinion
  • Whitepapers
  • Glossary
  • Community Forum
  • Web Hosting Directory

© 2022, Cloud7 News. All rights reserved.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.