Alibaba Cloud will spend US$283 million during this fiscal year to empower global partners and accelerate joint innovations in the post-pandemic era.
The company says the investment is designed to accelerate the uptake of digitalisation capabilities among its partners, and to help create joint products and solutions to benefit even more customers across all sectors.
Alibaba Cloud delivered more than 2,000 hybrid cloud projects last year in collaboration with its clients, helping customers expedite their digitalization processes.
It also said these efforts helped save tens of millions of dollars in operations and infrastructure costs.
According to the company it also curated more than 3,000 online classes with partners across the globe, to help its customers can gain insights and learn from the proven business scenarios.
According to Lancelot Guo, VP of Alibaba Group, and GM of Ecosystem and Sales Operations, Alibaba Cloud Intelligence, “As Alibaba Cloud continues to expand our product and services offerings, we want to bring even more opportunities to our partners so that we can collaboratively innovate to bring the most up-to-date services to our customers, and generate business success for them.”
“The investment shows our commitment to helping partners integrate their businesses with Alibaba Cloud, and together we will create more value for the global cloud industry,” he said
Alibaba Cloud says it is working with close to 10,000 global partners serving more than 350,000 business customers worldwide.
An important part of the Alibaba Cloud strategy is to invest heavily in research and development so that its partners can integrate their products and services on Alibaba Cloud’s infrastructure platform.
In support of the “to-be-integrated” initiative, to date, together with partners such as MongoDB, Intel, VMware, Salesforce, SAP, Red Hat, and Fortinet, Alibaba Cloud says has created more than 500 joint solutions catering to industries such as new retail, fintech, manufacturing, media, and entertainment.
With the investment to be carried out in the current fiscal year, Alibaba Cloud aims to introduce new and improved work process with partners to increase communication efficiency, so that the parties can respond quickly to changing customer demands, especially during black swan events such as the COVID-19 pandemic.