Alibaba Cloud breaks $1.5bn in revenues amid hope of eCommerce migration encouragement

cloudcomputing-news.net | February 17, 2020

Alibaba Cloud hit more than RMB10 billion (£1.18bn) in revenue in its most recent quarter, with revenues up 62% year over year.Total revenues for Alibaba were at RMB161.4bn (£17.7bn) for Q419, at a yearly growth of 38%, meaning Alibaba Cloud comprises 6.7% of the China-based retail giant’s overall revenues. Cloud revenues for Q2 and Q3 were at $1.13bn (£867m) and $1.3bn (£997m) respectively.On a wider scale, major focus was placed on the emerging coronavirus epidemic, with chairman and CEO Daniel Zhang admitting that it will ‘present near-term challenges’ to Alibaba, already having a ‘significant impact’ on China’s economy. “At the same time, we will see opportunities created by the forces of change, Zhang told analysts.
Perhaps the best showcase for Alibaba’s cloud infrastructure is the 11.11 one day shopping festival. Alibaba noted that its infrastructure was ‘scalable, reliable and secure’, handling almost $40 billion in transactions at more than 544,000 orders per second at its peak without disruption. Alongside this, Alibaba migrated its core eCommerce system to its public cloud. Zhang noted that the move should help ‘encourage others’ to adopt Alibaba Cloud for their infrastructure.Among recent highlights for the company was the launch of its Alink machine learning algorithm to GitHub in November, as well as joining the Confidential Computing Consortium, a Linux Foundation cloud and edge security initiative, in August. Other inaugural members include Google Cloud, IBM, and Microsoft.The company appears to be targeting media as an industry of interest. Last month, Alibaba Cloud was certified with the Trusted Partner Network (TPN) certification, an initiative between the Motion Picture Association (MPA) and the Content Delivery & Security Association (CDSA), touted as the first cloud provider to get such an award.

Spotlight

According to Gartner, 16% of all enterprise software applications will be delivered through SaaS model by 2014. Another survey found that companies in emerging economies like Brazil, India and China are the most aggressive adopters of the cloud computing paradigm. However, there are several business and technical challenges in adopting this model – data security, integration with legacy systems, reliability and business continuity remain some of the top concerns when evaluating cloud migration. Alten Calsoft Labs helps enterprises to evaluate business needs and make the right technology choices to leverage in-house IT infrastructure and cloud-based offerings from multiple vendors.


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Ingram Micro Cloud Expands its Strategic Collaboration Agreement with AWS with Focus on Public Sector Business

Ingram Micro Cloud | May 19, 2022

Ingram Micro Cloud today announced that it has expanded the scope of its multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services, Inc. (AWS), to include focused initiatives to accelerate the development of Ingram Micro's channel partners’ capabilities in supporting public sector customers. With this multi-year collaboration, Ingram Micro Cloud will expand its AWS solutions and service offerings to federal, state, and local government, healthcare, education, research, and other government institutions, as well as non-profit organizations across U.S., Latin America, Canada and Caribbean (LCC), European Economic Area (EEA), and Asia Pacific Japan (APJ) regions Ingram Micro Cloud plans to focus on enabling Software and Services partners to become go-to-market ready Public Sector AWS Partners through: 1) Deep developmental engagement and proven practice build frameworks, 2) Innovating and developing new offerings on AWS, 3) Scaling and training its resources to better support channel partners across a wide range of services including, sales enablement, practice development, technical enablement, professional services, and business and financial support. “Ingram Micro Cloud is thrilled to continue strengthening our relationship with AWS in a way that brings more opportunity for our partners servicing customers in the public sector,” said Victor Baez, senior vice president, global cloud channel sales, Ingram Micro Cloud. “There’s never been a better time for us to focus intensely on our core cloud solutions business, and this SCA with AWS further underpins our commitment to driving accelerated growth for our partners.” We are pleased to expand our relationship with Ingram Micro Cloud. Through the SCA, we’re looking forward to helping thousands of companies and customers grow and transform their business, accelerate their AWS development journey, and launch new solutions that will help public sector organizations meet their mission.” Jeff Kratz, general manager, worldwide public sector (WWPS) partners, AWS. Ingram Micro Cloud and AWS first signed a global Strategic Collaboration Agreement in March 2021. This latest expansion comes as both companies work towards further scaling Ingram Micro Cloud’s capabilities with public sector customers across more than 20 countries. “Insight has uniquely positioned with Ingram Micro to meet the challenges of an ever-expanding cloud services market, with worldwide end-user spending on public cloud services forecasted to grow 20.4% in 2022 to a total of $494.7 billion, and U.S. Federal Cloud investments projected to grow to 11.4B by FY 2023, with an annual CAGR of 10.9%,” said Scott Friedlander, senior vice president, US Public Sector, Insight. “Our partnership with Ingram Micro is helping us keep pace with and accelerate the adoption of cloud technology, while enabling us to continue to support the critical security, performance, and mission requirements of our public sector clients with the most economical and effective solutions.” Ingram Micro Cloud is an AWS Advanced Services Partner and AWS Distributor with AWS Well-Architected Partner Program status as well as DevOps Consulting and Cloud Management Tools ISV Competencies. Ingram Micro Cloud has built an AWS Cloud Center of Excellence (CCoE) team with more than 250 combined AWS validated qualifications. Ingram Micro Cloud also provides end-to-end engagement models to assist AWS Services Path Partners as well as AWS Software Path Partners with their journey on the AWS cloud. About Ingram Micro Cloud Ingram Micro Cloud brings together innovators and problem solvers to help the world accomplish more. It facilitates and manages the cloud’s complex digital value chain—all powered by CloudBlue technology. With unmatched global reach, easy access to automated go-to-market and integration tools, deep technical expertise, and a curated selection of scalable SaaS and IaaS solutions, Ingram Micro Cloud helps vendors, resellers, and managed service providers by offering More as a Service.

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Kontrol Technologies Enters Quebec Demand Response Energy Market

Kontrol Technologies Corp. | December 23, 2021

Kontrol Technologies Corp. a leader in smart buildings and cities through IoT, Cloud and SaaS technologies, is entering the Quebec demand response energy market for commercial and multi-residential buildings. The Company will leverage its SmartSuite technology to supply a best-in-class demand response management solution. “The demand response markets are growing rapidly across North America due to advancement of smart technologies, which utilities are increasingly leveraging for operating efficiency and resource allocation. Kontrol is offering a top tier solution through our SmartSuite technology, which has the ability to communicate with local utilities and either reduce power consumption or shut off power demand at the building and suite level, and seamlessly integrate into utilities’ grid management framework. We look forward to serving customers in the Quebec market in the near term, helping to facilitate utility grid optimization, energy conservation and greenhouse gas emission reduction.” Paul Ghezzi, CEO of Kontrol Technologies SmartSuite Demand Response Using Kontrol’s propriety Cloud and energy control system, the Company can integrate its SmartSuite solution with utilities that operate demand response programs through the use of APIs. Most demand response programs provide customer incentives that correlate to kilowatt hours of energy saved. Such incentives can reduce initial capital investment and accelerate adoption of energy savings technologies. Through its operating subsidiary, Hilo, Hydro Québec offers a demand response program which encourages buildings to participate in reducing energy consumption in peak demand periods. Demand Response Market Size in North America The Global Smart Demand Response Market size is predicted to reach USD 75.53 billion by 2030 with a CAGR of 14.2% from 2020-2030, according to Next Move Strategy Consulting. North America is anticipated to grow with the highest CAGR, attributable to factors including enhanced developments in smart technologies, high R&D investments, and high consumer awareness. According to Technavio, 59% of growth during the period from 2021-2025 is expected to originate from North America. Kontrol Technologies Corp. Kontrol Technologies Corp., a Canadian public company, is a leader in smart buildings and cities through IoT, Cloud and SaaS technology. Kontrol provides a combination of software, hardware, and service solutions to its customers to improve energy management, air quality and continuous emission monitoring.

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CLOUD SECURITY

Informatica Launches Intelligent Data Management Cloud for Healthcare & Life Sciences

Informatica | May 25, 2022

Informatica an enterprise cloud data management leader, today announced the Intelligent Data Management Cloud (IDMC) for Healthcare and Life Sciences with new cloud-first, cloud-native capabilities designed to build digital-first experiences for connected patient care. IDMC for Healthcare and Life Sciences is the industry's first cloud-neutral, AI-powered, data management platform with the ability to ingest, manage and govern data in a hybrid, multi-cloud environment. According to McKinsey, cloud capabilities are predicted to generate $100 billion to $170 billion of value in 2030 for healthcare companies*. The major driver of this value lies in enabling them to more effectively innovate, digitize, and realize their strategic objectives. Patients today demand telehealth, connected care and more personalized digital experiences, driving the need for healthcare providers and life sciences companies to invest in a cloud-first approach to digitalization to meet those needs. IDMC for Healthcare and Life Sciences is an end-to-end integrated data management cloud that enables the entire data lifecycle, including data discovery, ingestion, integration of data and applications, quality improvement, single views and 360 applications, governance, privacy, and data sharing and democratization. Key capabilities of IDMC for Healthcare and Life Sciences include: Cloud-first, Master Data Management offering a golden record of patient data: Healthcare organizations are prioritizing a single source of truth on their master data for patients, providers or members. IDMC for Healthcare and Life Sciences offers a cloud-first approach to master data management which can unlock significant value for the healthcare and life sciences industry in delivering highly personalized omni-channel experiences for patients and members, optimizing supply chain and inventory to reduce costs and building advanced analytics to drive positive healthcare outcomes for patients. Out-of-the box healthcare industry-specific accelerators to significantly reduce time to value: IDMC for Healthcare & Life Sciences offers connectivity to MedPro, Salesforce, NPI data, National Patient Account Services, Veeva, Workday, Oracle Fusion HCM Cloud, Orange HRM, Salesforce Health Cloud, UltiPro and also comes with out-of-the-box, healthcare industry-specific extensions that include HL7, HIX (Health Information Exchange), HIPAA, NCPDP (National council for Prescription Drug Programs) that significantly reduce time to value. Data quality rules designed to improve patient health and comply with regulatory compliance: Managing data quality is critical in the healthcare industry. Electronic healthcare records are not only heavily governed and need to comply with HIPAA regulations, but also affect patient treatment and policies. Informatica's IDMC platform offers data quality rules that validate and standardize contact details for providers, patients and payors, a critical foundation to generating trusted data and insights from that data. Informatica's Data Quality Accelerator for Crisis Response is a set of rules that cleanse, standardize, and validate data, allowing customers to enable data-driven decision making that ultimately improve patient health. "Informatica's IDMC for Healthcare and Life Sciences can help us turn data into valuable insights by rapidly accelerating how we ingest, analyze and govern data on the cloud," said Amar Gurivireddygari, Chief Data and Analytics Officer, Blue Cross Blue Shield of Kansas City. "IDMC's out-of-the box healthcare accelerators will greatly reduce the time to value on cloud modernization and move us from day-to-day data management to driving data-led innovation." IDMC for Healthcare and Life Sciences addresses the unique challenges the industry faces with data siloes and unstructured data. With IDMC, healthcare organizations can now create a central repository of trusted data on a single, end-to-end, cloud-first platform that they can easily access, manage and analyze to make smarter decisions in real-time." Richard Cramer, Chief Healthcare Strategist, Informatica About Informatica Informatica an Enterprise Cloud Data Management leader, empowers businesses to realize the transformative power of data. We have pioneered a new category of software, the Informatica Intelligent Data Management Cloud™ (IDMC), powered by AI and a cloud-first, cloud-native, end-to-end data management platform that connects, manages, and unifies data across any multi-cloud, hybrid system, empowering enterprises to modernize and advance their data strategies. Over 5,000 customers in more than 100 countries and 85 of the Fortune 100 rely on Informatica to drive data-led digital transformation.

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CLOUD APP DEVELOPMENT

Options Achieves VMware Cloud Verified Status in NY5

Options Technology | December 29, 2021

Options Technology, the leading Capital Markets services provider, backed by Abry Partners, announced the achievement of VMware Cloud Verified status in their East Coast NY5 data center. The accomplishment follows the VMware Cloud Provider Principal Partner Status awarded to the firm for their London facility earlier this year. The Cloud Verified designation indicates that a provider offers a complete VMware-based, software-defined data center infrastructure delivered as a service. VMware Cloud Verified partner services enable customers to achieve unmatched levels of consistency, performance, and interoperability for traditional and containerised enterprise applications with the confidence that the service received is based on the most advanced VMware cloud technologies. “By achieving VMware Cloud Verified status in NY5, we extend our best-in-class multi-Cloud platform to a second region. Alongside our recent achievement of VMware Cloud Principal Partner status in Europe, today’s achievement reiterates Options’ commitment to delivering industry-leading expertise in multi-Cloud services. We are excited to expand this offering further across the globe in the coming months.” Options’ President and CEO Danny Moore Today’s news comes as the latest in a series of strategic announcements for Options, including the acquisition of ACTIV Financial, a Fourth Microsoft Gold Partner Status, and an industry-first partnership with Code Willing. In 2019, Options received investment from Boston-based Private Equity Firm, Abry Partners. This investment has enabled Options to accelerate its growth strategy and develop its technology platform whilst expanding its global reach in key financial centres. About Options Options Technology is the No. 1 provider of IT infrastructure to global Capital Markets firms, supporting their operations and ecosystems. Founded in 1993, the firm began life as a hedge fund technology services provider. Today, the company provides high-performance managed trading infrastructure and cloud-enabled managed services to over 200 firms globally, providing an agile, scalable platform in an Investment Bank grade Cybersecurity wrapper. Options clients include the leading global investment banks, hedge funds, funds of funds, proprietary trading firms, market makers, broker/dealers, private equity houses and exchanges. With offices in 8 key cities; New York, Toronto, Chicago, London, Belfast, Hong Kong, Singapore and New Zealand, Options are well placed to service their customers both on-site and remotely. In 2019, Options secured a significant growth investment from Abry Partners, a Boston-based sector-focused private equity firm. This investment has enabled Options to considerably accelerate its growth strategy to invest further in its technology platform and expand its reach in key financial centres globally. Options has been named among the UK’s leading growth companies in the 2021, 2020, 2019, 2018 and 2017 Sunday Times HSBC International Track 200 league table. About Abry Partners Abry is one of the most experienced and successful sector-focused private equity investment firms in North America. Since its founding in 1989, the firm has completed over $82 billion of leveraged transactions and other private equity or preferred equity placements. Currently, the firm manages over $5.0 billion of capital across their active funds.

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Spotlight

According to Gartner, 16% of all enterprise software applications will be delivered through SaaS model by 2014. Another survey found that companies in emerging economies like Brazil, India and China are the most aggressive adopters of the cloud computing paradigm. However, there are several business and technical challenges in adopting this model – data security, integration with legacy systems, reliability and business continuity remain some of the top concerns when evaluating cloud migration. Alten Calsoft Labs helps enterprises to evaluate business needs and make the right technology choices to leverage in-house IT infrastructure and cloud-based offerings from multiple vendors.

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