Alibaba cloud growth outpaces Amazon and Microsoft as Chinese tech giant pushes for profitability

The growth of Alibaba’s cloud business is outpacing both AWS and Microsoft in the third quarter of 2020, with the Chinese firm capitalising on the country’s early recovery from the pandemic. Alibaba’s cloud division brought in revenues of 14.89 billion yuan (£1.71bn) in the three months ending 30 September. That’s a 60% increase year-on-year, representing faster growth than the 29% recorded by AWS

Revenue rose 60 per cent in Q3 Alibaba Cloud saw sales rocket in its Q2 as it continues to outpace the likes of Amazon Web Services (AWS) and Microsoft Azure. Revenue for the period ending 30 September rocketed 60 per cent year on year to $2.2bn. Alibaba said that its cloud computing arm is likely to become profitability in H2. CEO Daniel Zhang said that organisations in the public s

When Alibaba entered the cloud infrastructure market in earnest in 2015 it had ambitious goals, and it has been growing steadily. With that number, it has passed IBM’s $1.65 billion revenue result (according to Synergy Research market share numbers), a significant milestone. For example, Amazon announced $11.6 billion in cloud infrastructure revenue for its most recent quarter, while Microsoft’s

Canalys claims the top four providers collectively grew by 40 per cent during Q3 Spending on cloud infrastructure services grew by a third in Q3 as fallout from the COVID-19 pandemic continued to benefit the market's largest providers. Analyst firm Canalys claims that cloud infrastructure services spending grew by 33 per cent in Q3 to $36.5bn - $2bn higher than the previous quarter a

The pace of digital transformation drastically increased in 2020 due to the onset of the pandemic. Remote working, social distancing, and the need for business continuity saw factories, offices, and even restaurants and coffee shops tapping into cloud computing. Taking our lives and our information even further online. With even more data being generated, processed, and stored, particularly by bus

Bears, scares and ransomware Well, what a year it's been. 2020 kicked off as it meant to go on, with news emerging from China of a new virus which lead to a swiftly imposed lockdown in the city of Wuhan. Looks grim, we thought, but it will probably peter out like previous viruses before it. How wrong we were. To coincide with our Deskflix Cyber Security event, here’s a look back at t

Microsoft recently announced a new Azure in a shipping container service called Azure Modular Datacenter. The new offer provides an option for setting up an Azure datacenter in hybrid or challenging environments where cloud computing previously would not have been possible. By Renato Losio

Slowdown in marketplace businesses was offset by growth in cloud computing

The Xbox Series S is, hands-down, the cutest console of the next generation. It’s also the least powerful. The Series S can hit resolutions above 1080p, but it doesn’t support 4K gaming and it has significantly less storage than the Xbox Series X or PlayStation 5. And, of course, it doesn’t have a disc drive.That said, the Series S is a formidable next-gen console that happens to be wrapped up in