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Alibaba Cloud May Soon Be No. 2 After AWS: Exec
He suggested that while the United States leads in developing cloud computing, China, with a large manufacturing sector and the world’s largest population, has been quick to develop mature service applications
that continue to propel the development of Alibaba Cloud.
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Chinese e-commerce giant Alibaba Group (BABA) says its cloud computing business will
unseat Microsoft Corp.’s (MSFT) Azure platform in market share to become the No.
Alibaba Cloud President Simon Hu expressed his confidence in the company’s growing
market share at its Computing Conference which took place from Oct. 11-14.
In that respect, the president said that Alibaba and Amazon, being large internet service
operators, have an upper hand in the cloud service market over their competitors.
Ultimately, the Alibaba Cloud executive expects only the U. S. and China to compete in the global cloud computing market.
Hu notes that supportive government initiatives, such as China’s “One Belt One Road Initiative,” help Alibaba Cloud
and other China-based enterprises boost industrial upgrading and technological development based on cloud computing, big data and artificial intelligence.

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