Alibaba Cloud, officially known as Alibaba Cloud Computing Co., Ltd., was established in 2009 as the cloud computing service provider under the Alibaba Group. It is committed to delivering secure, reliable, and efficient cloud computing solutions, helping businesses and developers build, deploy, and manage applications in the cloud.
Alibaba Cloud offers a wide range of cloud computing services, including Elastic Compute Service (ECS), Object Storage Service (OSS), Relational Database Service (RDS), Big Data Service (MaxCompute), and Container Service (ACK), among others. These services cover computing, storage, databases, big data processing, container management, and more, catering to diverse user needs.
Alibaba Cloud has a strong global presence and advanced technological capabilities. According to IDC reports, Alibaba Cloud leads China's financial cloud market with an 18.4% market share and has maintained rapid growth for multiple consecutive years. It excels in core financial cloud sectors, particularly in public cloud infrastructure, platform solutions, and banking solutions.
Many renowned enterprises and institutions have chosen Alibaba Cloud as their cloud service provider. For example, Bank of Communications has fully migrated its personal banking core system to Alibaba Cloud, while Cangzhou Bank collaborated with Alibaba Cloud to build a multi-core, self-reliant trusted cloud platform. These success stories highlight Alibaba Cloud’s technical expertise and reliability in the financial industry.
Alibaba Cloud continues to introduce new services and products to meet evolving market demands. Recently, Alibaba Cloud’s Bailian MCP Plaza launched over 40 applications, showcasing its ongoing commitment to innovation and technology. Additionally, Alibaba Cloud has made significant progress in the financial large-model open ecosystem, partnering with multiple financial institutions to drive intelligent transformation in the financial sector.