From PC World: Enterprise customers can expect to hear more from e-commerce giant Alibaba Group. The Chinese company is accelerating the global expansion of its cloud computing business, with a US$1 billion investment.
Alibaba announced the move on Wednesday, months after it opened its first data center in the U.S., in an effort to target customers there.
The Chinese company clearly has more in store. Part of the $1 billion investment will go toward the international expansion. The rest will go to developing new products, and building up partnerships with other companies in the industry.
Although Alibaba is well known for its e-commerce activities in China, the company has also emerged as the leader in the country’s cloud computing market, according to analysts. It has attracted major clients including Chinese government agencies, as well as local gaming and financial firms.
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