Singapore immigration focus on business in Singapore: On August 19, Alibaba Cloud, China's largest cloud service provider, announced that its Singapore data center will open in early September, with product pre-sales for this node already underway. Alibaba Cloud stated that its WorldWay has grown rapidly since the beginning of this year, with total business volume increasing more than fourfold. Once the Singapore data center is operational, it will cover the multi-billion dollar Asia-Pacific market while providing high-quality cloud computing services for Chinese enterprises expanding overseas.
The Singapore data center will be Alibaba Cloud's second overseas data center in Asia, making Alibaba Cloud the first Chinese cloud service provider to establish a data center in Singapore. At the same time, Alibaba Cloud also announced the establishment of its WorldWay headquarters in Singapore, increasing staffing in major global markets and joining forces with global partners to advance WorldWay development.
"The reception of cloud computing services in Singapore and surrounding countries has exceeded our expectations, and we can see that the Asia-Pacific market is growing rapidly," said Yu Sicheng, Vice President of Alibaba Cloud. "At the same time, Singapore possesses high-quality infrastructure and talent reserves, and serves as a hub for international submarine and terrestrial fiber optic cables, making it convenient to cover the Asia-Pacific region and provide users with high-quality cloud computing services."
Currently, Alibaba Cloud has six data centers in Beijing, Hangzhou, Qingdao, Hong Kong, Shenzhen, and Silicon Valley in the United States. The new Singapore data center will become Alibaba Cloud's seventh data center globally, covering the Asia-Pacific regional market, including Southeast Asia, South Asia, and Australia.
In July of this year, Alibaba Group announced a strategic capital injection of 6 billion yuan into Alibaba Cloud for WorldWay development and the construction of a DT (Data Technology) ecosystem. Following the Singapore data center, Alibaba Cloud stated that it will establish a second data center in Hong Kong and the United States, and will also set up new data centers in Japan, Taiwan, the Middle East, India, and Europe.
Meanwhile, in a global Marketplace Alliance Program announced by Alibaba Cloud, giants such as Intel, Singtel, Meraas of Dubai, Equinix, PCCW, LinkBYNET, and The Hong Kong and China Gas Company have joined the Alibaba Cloud ecosystem, covering North America, Asia, Europe, the Middle East, and North Africa.
IDC data shows that the cloud computing market in Asia-Pacific countries, including Singapore, Thailand, Indonesia, Malaysia, the Philippines, Vietnam, India, Australia, and New Zealand, will reach approximately 1.6 billion USD by 2018, equivalent to approximately 10 billion RMB.
According to Gartner data, the cloud computing markets in Asia-Pacific countries such as Indonesia, Australia, and India will maintain a growth rate of 8% to 19% over the next five years.
At the same time, driven by the "Belt and Road" strategy, the Asia-Pacific region is attracting an increasing number of Chinese enterprises. According to data from the World Resources Institute, as of 2013, 68% of China's direct foreign investment flowed to Asian countries.
As the overseas expansion of Chinese enterprises accelerates, more and more companies require cloud computing services as supporting infrastructure. Alibaba Cloud stated that based on pre-sale conditions, demand in the Asia-Pacific market is strong; in addition to traditional storage products, the Asia-Pacific market also has significant demand for big data analysis products.
Targeting the rapidly growing Asia-Pacific market, the Alibaba Cloud Singapore data center will provide a full range of products including storage, databases, security, and big data, and will work with international partners to provide internationalized services. Regarding pricing, Alibaba Cloud stated that its products will be more competitive than other cloud service providers operating in Singapore, and it will provide users with 24/7, zero-time-difference service guarantees to facilitate enterprise management of WorldWay.
In terms of security, the Singapore data center is T4-rated, the highest level of international certification, meeting the highest requirements for availability, power supply, and fire protection. This data center will also be directly connected to Alibaba Cloud's data centers in Beijing, Hangzhou, Qingdao, Hong Kong, Shenzhen, and Silicon Valley, allowing enterprises with domestic and international operations to bridge geographical gaps and manage data both at home and abroad without switching operating systems.
