Alibaba to run its entire business on the cloud

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Alibaba Cloud, the cloud computing arm of Chinese e-commerce giant Alibaba, held its 2019 Cloud Summit today in Beijing as it celebrates its 10-year anniversary. Alibaba Cloud is undergoing a strategic upgrade, said Zhang Jianfeng, president of Alibaba Cloud and CTO of Alibaba Group, as he addressed a crowded room filled with thousands of participants and industry partners at the China National Convention Center.

“Currently, 60-70% of Alibaba’s businesses run on Alibaba’s public cloud platform,” said Zhang. “Within a year or two from now, we expect 100% of Alibaba’s businesses to run on the public cloud.” The “All-in-Cloud” era is coming, industries are increasingly running on cloud, Zhang said citing data that indicate over 84% of businesses in China show willingness to embrace cloud technology.

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