For three consecutive years, Alibaba Cloud has reigned supreme in the IaaS market share in Hong Kong (China). 🇭🇰 This achievement is a testament to the company’s unwavering commitment and strategic investments over the past decade. Let’s embark on a journey through Alibaba Cloud’s remarkable ten-year growth story in Hong Kong!
“In the past decade, bolstered by the growing demand for cloud computing across sectors, Alibaba Cloud has achieved encouraging growth. This would not have been possible without the support of our customers, partners and our team. We remain committed to the future development of Hong Kong. We will continue to leverage the power of generative AI to support a broader range of businesses in achieving faster and more cost-effective expansion in Hong Kong and beyond.” - Leo Liu, Vice President of International Business, General Manager of North APAC Region, Alibaba Cloud Intelligence
💰 Investing for the Future
Over the past decade, Alibaba Cloud has invested more than HK $10 billion in Hong Kong (China), establishing multiple data centers, expanding its service offerings, and nurturing local tech talent. The company’s relentless efforts have paid off, with Alibaba Cloud recording double-digit annual revenue growth over the past three years in Hong Kong, supporting the digital transformation of over 40,000+ customers across various industries.
🤝 Fostering Partnerships and Ecosystems
With more than 300 partners in its ecosystem, Alibaba Cloud has actively collaborated with experts in consulting, service delivery, technology development, and resellers. In 2021, the company expanded its Hong Kong and Macao Eco Alliance to become the Greater Bay Area Eco Alliance, helping Hong Kong businesses transform, innovate, and grow regionally.
To further support Hong Kong’s development as a regional tech and innovation hub, Alibaba Cloud plans to launch an Independent Software Vendor (ISV) empowerment program in 2024, aiming to attract 100 technology partners and foster an ecosystem to sustain Hong Kong’s digital transformation.
🧑🏫 Cultivating Local Tech Talent
Alibaba Cloud has been dedicated to cultivating local innovative technology talents in Hong Kong. Since 2017, the company has provided training for more than 88,000+ trainees and issued over 162,000 certificates through online and offline modes.
The company has launched cloud computing training programs in cooperation with eight universities, including the School of Economics and Management of the University of Hong Kong, the Hong Kong University of Science and Technology, and the City University of Hong Kong.
Additionally, Alibaba Cloud has designed a cloud computing course for Hong Kong middle school students through collaboration with the School of Professional Training of the University of Hong Kong and SEED Foundation, benefiting more than 20 schools and significantly improving the digital skills of the younger generation.
🏛️ Milestones in Hong Kong’s Tech Journey
Here are some notable milestones in Alibaba Cloud’s decade-long journey in Hong Kong:
- 2015 – Established the first data center in the city.
- 2017 – Built the second data center in Hong Kong to address increasing demand for cloud services in the Asia Pacific region.
- 2018 – Established the “Hong Kong and Macao Eco Alliance” to advance data technology development and seize regional cloud opportunities.
- 2019 – Joined the Smart City Consortium to drive smart city development in Hong Kong. Provided data analytic solutions to help Hong Kong International Airport monitor and visualize passenger and road traffic, achieving better resource deployment and enhanced operation efficiency.
- 2020 – Launched the third data center in Hong Kong. Obtained an independent third-party certification from PricewaterhouseCoopers (PwC) for the internal governance systems of its range of cloud products and services.
- 2021 – Expanded the “Hong Kong and Macao Eco Alliance” to “Greater Bay Area EcoAlliance”. Jointly developed a smart train-scheduling platform with MTR, using cloud technology and artificial intelligence to adjust and optimize train deployment and maintenance. According to a report by Gartner, Alibaba Cloud had the biggest IaaS market share in Hong Kong in 2020.
- 2022 – Launched a Cloud Talent Program in Hong Kong to provide over 2,000 students with access to more than 300 free training courses covering cloud computing, data analytics, AI, and machine learning, and to help students obtain relevant Alibaba Cloud certifications.
- 2023 – Partnered with HKU Business School to introduce the first undergraduate credit course in cloud computing.
🔒 Data Privacy and Security: A Top Priority
Data privacy and protection are paramount for Alibaba Cloud. The company is committed to complying with local regulations and industry standards, currently holding more than 130 security and compliance accreditations worldwide.
Since 2017, Alibaba Cloud has been the official Cloud Services Partner of the International Olympic Committee (IOC), further underscoring its commitment to delivering secure and reliable cloud solutions.
