Home Tech News Alibaba Cloud launches new digital ecosystem strategy

Alibaba Cloud launches new digital ecosystem strategy

The company provides hyper-localized best-in-class solutions to empower the digital transformation of Filipino enterprises.

Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, launches a new digital ecosystem strategy in the Philippines after its establishment of the Philippines Ecosystem Alliance two months ago. The strategy is aimed at empowering local partners with world-class technology and innovation from Alibaba Cloud’s global partners. This is expected to help Filipino businesses adapt and assimilate into the post-COVID-19, cloud-native era. The strategy was announced at the Apsara Conference 2020. 

For the Philippines, this new strategy translates to a hyper-localized “grassroots” approach to better support small and medium enterprises (SMEs) through working with partners such as Kaisa, Crayon and Microgenesis. By working with global partners such as Temenos and Vertica to innovate best-in-class solutions, and pass on the learning experiences with local partners, Alibaba Cloud can better help Filipino businesses of all sizes from blue chip companies to SMEs to go digital. 

“Businesses now see digitalization an essential need rather than a plus point, and they want to transform as quickly as they can after the COVID-19 pandemic,” said Lancelot Guo, President of Ecosystem and Sales Operations, Alibaba Cloud intelligence. “A successful adoption of cloud is only possible when the ecosystem is brought together to support customers’ needs. Therefore, we want to work with world class partners such as Temenos and Vertica in the transformation process, leveraging their expertise to help our customers grow.”

Temenos, the banking software company, today announced that Temenos Transact, its next generation core banking product is now certified on Alibaba Cloud. Financial institutions will be able to run Temenos’ mission-critical core banking applications on Alibaba Cloud and benefit from elastic scalability, cost and operational efficiencies. Vertica today also announced the launch of the Vertica Analytics Platform on the Alibaba Cloud Platform. Intelligence-driven organizations can now run Vertica’s fast and massively scalable analytics and Machine Learning against the largest data volumes for insights. Philippines enterprises can enjoy the offerings from both companies on Alibaba Cloud. 

“We’re experiencing increasing demand from customers around the globe to adopt Vertica for their most demanding analytical workloads, particularly in Asia,” said Colin Mahony, SVP & GM, Vertica. “We are so excited to offer Vertica on the Alibaba Cloud Marketplace to meet our customers’ interest and demonstrate our commitment to our strategic partnership with Alibaba Cloud.” 

Philip Barnett, Director, Strategic Growth, Temenos, said: “We are delighted to extend our leadership in the cloud and be the first to certify with Alibaba Cloud, a tech giant and a source of innovation widely recognized for its leadership in e-commerce and mobile payments. Cloud is the enabler for change; and particularly during this challenging climate – it gives financial institutions the agility and the resilience they need. Working with Alibaba Cloud, we will help banks to elastically scale based on demand and remove operational complexities. Together we can help new entrants launch faster with lower costs as well as large banks break down silos and collaborate internally and externally, and provide outstanding customer experiences. Our certification on Alibaba Cloud demonstrates that our cloud-agnostic banking platform enables banks to pursue a multi-cloud strategy and have the highest levels of active-active resilience with the cloud provider of their choice.”

“Philippines customers will benefit more from small and medium partners, who have a better affinity and intuition of what they need, especially post the pandemic where digitalization needs to take place rapidly. We are not only working with these partners, we are also empowering them with our know-hows drawn from our global experience,” said Allen Guo, General Manager for the Philippines, Alibaba Cloud Intelligence. 

Alibaba Cloud currently has local partners from various industries such as retail, fintech, media, information communications technology (ICT), business process outsourcing (BPO), healthcare and education. It has announced to support 5,000 businesses in the Philippines on their digital migration by end-2023. Alibaba Cloud also hopes to train 50,000 and certify at least 10,000 IT professionals within the next three years.

As the largest public cloud computing company in Asia Pacific, Alibaba Cloud remains deeply committed to help businesses in the Philippines to transform digitally and achieve business success in the long-term. 

It is currently working with close to 10,000 partners to serve 350,000 businesses worldwide, and previously announced a US$283 million investment in this fiscal year to further empower global partners and accelerate joint innovations. In support of the “to-be-integrated” initiative together with partners such as MongoDB, Intel, VMware, Salesforce, SAP, Red Hat and Fortinet, Alibaba Cloud has created more than 500 joint solutions catering to industries such as new retail, fintech, manufacturing, media and entertainment.

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