the The company's CEO, Daniel Zhang, highlighted the business during Alibaba's recent earnings call. Alibaba is at the top of the market in Asia, and dominating in China with cloud revenue up 66% year-over-year. Total Revenue Breakdown(1) March Quarter Revenue 5 Notes: We started to consolidate Ele.me in May 2018 and Koubei in December 2018. SK Not only is Alibaba Cloud expanding their cloud footprint in the Asia-Pacific, but they have also recently expanded their reach to offer services in. On top of that, Alibaba also caught attention when it was named Salesforce’s exclusive provider in China. to Alibaba Cloud, China's major cloud infrastructure provider, reported a 60 percent rise in revenue in Q3, compared to the same period last year. AWS comes in third holding 8.8% of the cloud market share in China. We have seen that they are the public cloud provider that has shown the most YoY growth and Aliyun is proving that they are a force to be reckoned with and are showing no signs of slowing down anytime soon. After reviewing the fiscal earnings report for 2019 and the most recent quarterly report from June for the ‘big three’ cloud providers, we thought it was time to take a closer look at the Alibaba Cloud market share. An introduction to cloud computing from IaaS and PaaS to hybrid, public and private cloud. and Nicole Bavis is a Marketing Associate at ParkMyCloud. with is Terms of Use, Alibaba starts international cloud sector expansion in Poland. The cloud market is constantly changing, so while we continue looking at AWS, Azure, Google, and IBM in the next year, we’ll also be keeping an eye on Alibaba Cloud to see what they bring to the table. While core commerce revenue of the brand grew by 54% from 2018 to 2019, net revenue jumped by 51%. We have seen that they are the public cloud provider that has shown the most YoY growth and. units, to The goal of the SaaS Accelerator is to enable a seamless integration of SaaS offerings for vendors running on Alibaba Cloud. Veeva Systems fiscal Q3 revenue and earnings top expectations, forecast higher as well, shares sag. That reality will drive Alibaba's platform of services such as retail, financial services, logistics and cloud. You agree to receive updates, alerts, and promotions from the CBS family of companies - including ZDNet’s Tech Update Today and ZDNet Announcement newsletters. Here’s the deal with Ali Cloud and why it should not be overlooked in 2019. coming Alibaba is currently operating at a global scale in 55 availability zones across 19 regions around the world. Alibaba Blinks: Building an open source, data-driven cloud empire in real-time, Best Buy Q3: Revenues rise in online, domestic sales surge, Nutanix beats Q1 expectations, narrows loss, Intuit Q1 tops expectations with steady growth in small business ecosystem, Walmart's third quarter online sales climb 79%, Cisco tops Q1 expectations, shares climb on strong guidance, RingCentral Q3 revenue and earnings top expectations, T-Mobile eyes TVision, video as way to become home broadband provider, drive 5G, Square delivers strong Q3 on surging Cash App profits. The life sciences software vendor said it will continue to “invest aggressively” this year. with and Alibaba and Tecent saw growth of 62.4% and 101.5% respectively. Alibaba's cloud computing revenue in its fiscal fourth quarter was $1.15 billion, up 76 percent from a year ago, as customers spent more on new services. You may unsubscribe at any time. Revenue for Alibaba Cloud was up 66% from a year ago in its June quarter to $1.13 billion. At present, AWS represents only about 1/9th of Amazon revenue but generates over 60% of its operating profit. In an effort to expand their SaaS offerings, Alibaba cloud announced their SaaS Accelerator program. Linux Foundation's entry-level IT administrator certification is open for enrollment. It’s unlikely that Alibaba will be keeping up with AWS, Azure or GCP in the United States anytime in the near future. Meanwhile, Chinese companies will also have to respond to tariffs with more technology and digitization of businesses. The system will empower the digital transformation of enterprises. All rights reserved, After reviewing the fiscal earnings report for 2019 and the most recent quarterly report from June for the. In the June quarter, the company's cloud computing revenue maintained its rapid expansion, growing 66% year over year to $1.1 billion and accounting for 7% of sales. 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