Advertisement
UK markets closed
  • FTSE 100

    7,952.62
    +20.64 (+0.26%)
     
  • FTSE 250

    19,884.73
    +74.07 (+0.37%)
     
  • AIM

    743.26
    +1.15 (+0.15%)
     
  • GBP/EUR

    1.1712
    +0.0019 (+0.16%)
     
  • GBP/USD

    1.2623
    +0.0000 (+0.00%)
     
  • Bitcoin GBP

    55,805.69
    +147.00 (+0.26%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • S&P 500

    5,254.35
    +5.86 (+0.11%)
     
  • DOW

    39,807.37
    +47.29 (+0.12%)
     
  • CRUDE OIL

    83.11
    -0.06 (-0.07%)
     
  • GOLD FUTURES

    2,254.80
    +16.40 (+0.73%)
     
  • NIKKEI 225

    40,369.44
    +201.37 (+0.50%)
     
  • HANG SENG

    16,541.42
    +148.58 (+0.91%)
     
  • DAX

    18,492.49
    +15.40 (+0.08%)
     
  • CAC 40

    8,205.81
    +1.00 (+0.01%)
     

Alibaba expands cloud computing business to the UK

Alibaba Group’s cloud computing arm has launched its first data centres in the UK - AFP
Alibaba Group’s cloud computing arm has launched its first data centres in the UK - AFP

Alibaba Group’s cloud computing arm has launched its first data centres in the UK, as the Chinese company forges ahead with an ambitious international expansion plan in Europe.

Alibaba Cloud, which was founded in 2009, will host two operational sites in London, adding to the Chinese conglomerate’s existing data centres in Frankfurt and Dubai across Europe and the Middle East.

Alibaba says the new centres will allow the company to offer business customers new cloud computing services, enabling it to better compete with US rivals Amazon Web Services and Microsoft Azure.

“Our expansion into the United Kingdom, and by extension into Europe, is in direct response to the rapidly increasing demands we have seen for local facilities within the region,” said Yeming Wang, general manager of Alibaba Cloud’s EMEA operations.   

ADVERTISEMENT

With the addition of Alibaba Cloud’s latest facilities, the division now operates in 19 different regions and has further plans for global expansion.

“Using AI-powered and data-driven technology, our latest data centres will offer customers complete access to our wide range of cloud services from machine learning capabilities to predictive data analytics.”

Alibaba Cloud is the largest provider of public cloud services in China, according to market intelligence firm International Data Corporation.

Alibaba will face stiff competition in the UK from the likes of Amazon, whose Amazon Web Services division, along with its research and corporate branches, will employ more than 6500 people. The Silicon Valley giant has invested more than £9.3bn in the UK since 2010.

Earlier this month, Amazon announced that it would be investing in three regional hubs across the UK, leading to the creation of 1000 new jobs.

The Chinese giant’s cloud computing offering is among the world’s top three providers of digital infrastructure.

The London facilities are said to involve real-time monitoring for security and will offer a number of Alibaba Cloud’s products such as "elastic computing", a feature which can boost or reduce computing power based on client needs.