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[Industrial Internet Weekly is a featured product released by TMTpost of Titanium Media, which will integrate the cutting-edge trends, blockbuster policies and industry research reports in the fields of enterprise-level services, cloud computing and big data this week. 】
Earnings season
Mai FTSE officially landed on the Hong Kong stock market
On May 16, Mai FTSE officially landed on the Hong Kong stock market, with a total market value of HK$10.97 billion on the first day of listing. Founded in 2009, the company started with SEO and website building, and in 2013 began to design and build the Marketingforce platform, which is the starting point of the journey of providing one-stop marketing and sales solutions for Chinese enterprises. In terms of revenue in 2022, Mai FTSE is the largest marketing and sales SaaS solution provider in China, with a market share of 2.6%.
According to the prospectus, in 2021, 2022 and 2023, the revenue of Maifuse will be 870 million yuan, 1.14 billion yuan and 1.23 billion yuan respectively, with a compound annual growth rate of 18.5%; The gross profit was RMB470 million, RMB0.56 billion and RMB0.70 billion respectively, with a compound annual growth rate of 21.5%, and the corresponding gross profit margin was 49.2%, 54.4% and 49.0% respectively.
Alibaba Cloud's Q4 revenue was 25.595 billion yuan, with triple-digit growth in AI-related revenue
Alibaba announced its fourth-quarter results for fiscal 2024, with Alibaba Cloud's revenue of 25.595 billion yuan, double-digit growth in core public cloud product revenue, triple-digit growth in AI-related revenue, and 45% increase in adjusted EBITA profit.
At the earnings call, Alibaba executives said that the cloud business is expected to return to double-digit growth in the second half of the year, mainly driven by new AI products. Talking about the decrease in proprietary cloud project-based revenue, the executive said that he hopes that the revenue of public cloud and AI in the next few quarters can offset the project-based revenue with low gross margin, and Alibaba Cloud's future growth will mainly come from high-margin products, such as public cloud and AI-related products. According to the latest quarterly data, Alibaba Cloud's quarterly revenue increased by 3% to 25.595 billion yuan, of which the revenue of core public cloud products achieved double-digit growth, and AI-related cloud products achieved triple-digit growth.
Baidu Intelligent Cloud's Q1 revenue was 4.7 billion yuan, an increase of 12%, and it continued to achieve profitability
Robin Li, founder, chairman and CEO of Baidu, said on Baidu's Q1 2024 earnings call that Baidu Intelligent Cloud's revenue in the quarter reached 4.7 billion yuan, a year-on-year increase of 12%, and continued to achieve profitability (Non-GAAP). At the same time, generative AI contributed 6.9% of revenue, and the proportion is gradually expanding.
Robin Li emphasized that model inference is one of the most important long-term opportunities and will become a key driver of cloud business. At present, the Wenxin model processes about 250 billion tokens text on average every day, and the average daily call volume reaches 200 million.
He also pointed out that 11% of search results on Baidu Search are currently generated by AI. He pointed out that Baidu Search's AI restructuring is still in its early stages, and overall, search is most likely to become a killer app in the AI era.
Inspur information: customer structure affects the gross profit margin in the first quarter, and orders are expected to maintain growth in the second quarter
Peng Zhen, chairman of Inspur Information, said at the performance briefing on the afternoon of the 15th that the company's current orders in hand are considerable, and it is expected to maintain a growth trend in the second quarter. At the same time, Xu Yanyan, head of finance of Inspur Information, said that the company's gross profit margin is mainly affected by customer structure, product structure, raw material supply, market competition and other aspects. In the first quarter, mainly due to the impact of customer structure, the proportion of revenue from low-margin customers increased significantly, resulting in a decrease in the overall gross profit margin.
JD Q1 financial report: AI digital human has become JD Cloud's dazzling business
JD.com Group released its 2024 Q1 financial report, with revenue and net profit exceeding market expectations, and the number of quarterly active users has maintained double-digit year-on-year accelerated growth for two consecutive quarters.
According to the financial report, in the first quarter, Jingdong Group's revenue reached 260 billion yuan, a year-on-year increase of 7.0%. Non-GAAP net profit attributable to ordinary shareholders of listed companies was RMB8.9 billion (approximately US$1.2 billion), up 17.2% year-on-year.
Cisco's Q3 revenue was $12.7 billion, and net profit fell 41% year-on-year
Cisco reports financial results for the third quarter of fiscal 2024. According to the financial report, the revenue in the third quarter was 12.7 billion US dollars. Analysts are expecting $12.66 billion, Q3 product revenue of $9.02 billion versus analysts' expectations of $8.95 billion, Q3 services revenue of $3.68 billion versus analysts' expectations of $3.59 billion, full-year adjusted EPS of $3.69-$3.71 versus the company's original expectations of $3.68-3.74, full-year revenue of $53.6 billion to $53.8 billion versus analysts' expectations of $53.63 billion, the company's expected revenue of $51.5 billion to $52.5 billion, and fiscal Q4 adjusted EPS of $0.84-$0.86 versus analysts' expectations of $0.84； Fiscal Q4 revenue is expected to be $13.4 billion to $13.6 billion versus analysts' expectations of $13.54 billion, and adjusted gross margin is expected to be 66.5% to 67.5% versus analysts' expectations of 67.4%.
Domestic information
Kimi offers a paid plan? Dark Side of the Moon: Small-scale grayscale testing to provide more options during peak service periods
Recently, many users have responded that Kimi has launched a "reward plan" that includes different prices and corresponding durations, including 5.2 yuan / 4 days, 9.99 yuan / 8 days, 28.8 yuan / 23 days, 49.9 yuan / 40 days, 99 yuan / 93 days, 399 yuan / 365 days. In response, the dark side of the moon responded that this is to provide users with more choices during the peak period of the service, and it is currently being tested in a small range of grayscale, and after tipping, you can get priority access during the peak period.
Alibaba Cloud and ZTE have reached a cooperation agreement to jointly build a domestic PolarDB open source database community
Alibaba Cloud and ZTE jointly announced that they have reached an open source database cooperation, ZTE announced that it has joined the PolarDB open source community and was elected as the first council member, and the two parties will jointly promote the technological innovation, development and prosperity of domestic databases based on the PolarDB database open source community and EBASE database, and jointly build the most innovative open source database community in China.
The sleep code appeared during the demonstration of the Wensheng diagram, and Huawei responded to the suspicion of counterfeiting
On May 16, it was reported on the Internet that at a press conference of Huawei, it was suspected of fraud when it demonstrated the ability of the large model "Wensheng Map". The event originated at the Kunpeng Ascend Developer Conference on May 10, when Huawei demonstrated the mxRAG SDK capabilities at a technical seminar for developers, showing how to develop RAG applications with just a dozen lines of code.
In response to questions on the Internet, the Ascend community responded that the on-site images were generated in real time and that the open source model was invoked. There are expressions such as time.sleep(6) in the code, which are commands to wait to read the images generated by the external open-source model in real time, rather than calling up the preset images. The real code will be available on the Ascend community, and developers are welcome to use it and provide valuable suggestions.
AI mobile phones compete for multimodal large models
A few days ago, vivo announced its major progress in the AI multi-modal large model, saying that it would upgrade the self-developed blue heart large model to the self-developed AI multi-modal large model. Xiaomi has partnered with Alibaba Cloud to strengthen the multimodal AI generation capabilities of its AI assistants. Huawei continues to iterate on the Pangu model and introduce it to mobile phones and automobiles. In addition, OPPO, Honor, Samsung, etc. have also launched multi-modal large models or related mobile phone terminals. "Multimodal large models are an important development direction of AI technology and an important growth point for the AI industry. The level of intelligence based on multi-modal large models is the key to the success of mobile phone companies in the AI era, and accelerating the 'onboarding' of large models has become a new choice and new direction for enterprises to create differentiation. Wang Yu, a professor at Beijing Technology and Business University, said. (Securities Daily)
Tencent Mixed Yuan will release Tencent Yuanbao, an assistant app for the C-side
Tencent Cloud announced a series of generative AI R&D and product progress. Tencent's hybrid model has been fully upgraded, with a maximum scale of trillions of parameters, and the overall performance has been increased by 50% compared with the previous generation. At the same time, in terms of multimodal capabilities, Tencent Cloud open-source Chinese native DiT architecture Wensheng graph model, mixed element support for single image can generate 3D models in 30s, and the video generation time reaches 16s. In addition, Tencent Cloud also announced that it will release an assistant app called Tencent Yuanbao on May 30, which is based on Tencent's hybrid model and is aimed at C-end users.
Baidu: Closed-source large model + public cloud has become the mainstream trend of the global AI market
Baidu announced that its Wenxin large model has an average daily text processing volume of 249 billion tokens, and at the same time observed that "closed-source large model + public cloud" has become a global AI market trend, believing that this will help achieve better performance and lower costs, and promote the prosperity of the AI application ecosystem. Baidu emphasizes that it should pay attention to the comprehensive effect when evaluating large models, and is committed to promoting the development of the AI application ecosystem represented by agents, which have been distributed millions of times per day.
ByteDance officially released the self-developed bean bag model
ByteDance released its self-developed large model "Doubao Large Model" at the 2024 Spring Volcano Engine FORCE Conference, which includes 9 models and has been applied in more than 50 internal businesses and scenarios. In terms of pricing, Volcano Engine is pushing large models from "cent-based" to "cent-based" stages. The inference input price of the Doubao General Model Pro 128k version of the model is 0.005 yuan/1000 Tokens, which is said to be 95.8% lower than the industry price. The inference input price of the Doubao General Model Pro 32k version is 0.0008 yuan/1000 Tokens, which is 99.3% lower than the industry price.
It is reported that ByteDance gave up the sale of Mutong Technology and appointed a new CEO
ByteDance announced that it would abandon its plan to sell Mutong Technology and appointed Zhang Yunfan, a former Perfect World executive, as the new CEO, replacing co-founder Yuan Jing. Yuan Jing has worked in the gaming industry since 2003, was an executive at Tencent, and in 2014 co-founded Mutong Technology, whose flagship game, Mobile Legends, was a success in the Southeast Asian market. In 2021, ByteDance acquired Mutong Technology for about $4 billion, but the business synergy after the acquisition did not meet expectations. As ByteDance will focus on returning to its main business, the game business has been adjusted. Despite this, Mobile Legends' market reach and active users are still growing. It is unclear what Yuan Jing's future will do and how Mutong Technology will operate independently.
Overseas news
Intel CEO: By the end of 2030, 50% of the world's chips will be produced in Europe and the United States
Intel released its 2023-2024 CSR report, and CEO Gelsinger proposed to build the most sustainable wafer foundry, and plans to achieve 50% of the world's semiconductor production in the United States and Europe by the end of 2030 to build a more resilient supply chain. The company already uses 99% renewable electricity and works with industry to develop sustainable processes and products. In response to global supply chain vulnerabilities, Intel is committed to changing the status quo where 80% of semiconductor manufacturing is concentrated in Asia. In addition, Intel is pushing for an open ecosystem to foster technological innovation and the democratization of computing. Gelsinger emphasized that Intel will adhere to high ethical standards and invest in workforce development to adapt to the era of artificial intelligence.
Amazon AWS CEO Adam will step down next month
Amazon AWS has announced that CEO Adam Selipsky will step down next month. Amazon said Matt Garman, AWS's senior vice president of sales, marketing and global services, will take over after Adam leaves the company on June 3.
Adam spent 14 years at AWS, where he served as CEO of Tableau Software, a Salesforce company, before being named CEO of Amazon AWS.
Microsoft responds to rumors that the AI team in China is "packing to the United States": some employees can choose to rotate internationally or work in their current positions
Focusing on the rumors that Microsoft's artificial intelligence team went to the United States collectively today, Microsoft responded that a small number of Microsoft employees have been given the opportunity to choose international rotation, and employees can choose to accept rotation, or continue to work in their current positions. It was previously reported that Microsoft headquarters issued an email informing multiple teams responsible for artificial intelligence research in China, such as the C+AI team to do the Azure ML team of the AI platform, etc., to move to the United States or Australia as a whole, involving hundreds of employees, and employees who received the email need to make a decision before June 7, and they can also choose to get severance compensation, and Microsoft America can also help solve the dependents' visas. (21 Finance)
OpenAI's chief scientist announced his resignation and the head of GPT-4 took over
On May 14, OpenAI co-founder and chief scientist Ilya Sutskever announced her decision to leave OpenAI. OpenAI CEO Altman tweeted that Ilya's parting of ways with OpenAI is very sad. Jakub Pachocki, who is about to become the next chief scientist of OpenAI, also expressed his gratitude to his predecessor, Ilya.
OpenAI发布最新大模型GPT-4o
OpenAI has released its latest large model, GPT-4o. According to reports, GPT-4o can make inferences on audio, visual, and text in real time, accept any combination of text, audio, and image inputs, and generate any combination of text, audio, and image outputs. GPT-4o is free to use, has a similar response time to humans, speaks emotionally, and can feign excitement, friendliness, and even sarcasm. In addition, in the API, GPT-4o is half the price of GPT-4-turbo, and the speed is twice as fast as GPT-4-turbo, 5x the rate limit.
I think it's a good time to be in the top 10. I think it's a good time to be in the top 10.
Google CEO Sundar Pichai reportedly said that Google would "address the issue" (take legal action) if it is determined that Microsoft-backed OpenAI relies on YouTube content to train AI models capable of generating videos.
谷歌发布第六代TPU芯片Trillium
At Google's I/O conference, Google CEO Sundar Pichai unveiled the sixth-generation TPU chip Trillium, and said that the product is almost five times faster than the previous version. He noted that the industry's demand for (machine learning) computers has grown by 1 million units over the past six years, an increase of about 10 times per year.
Google will launch Veo, an AI video generation model, to benchmark OpenAI's Wensheng video model Sora
Google's CEO of DeepMind announced that the company will launch Veo, an AI video generation model that will benchmark OpenAI's Wensheng video model Sora; Also announced was the Gemini 1.5 Lightning model, which is designed to be both fast and cost-effective.
The European Union is asking Microsoft to provide information on generative AI tools or face a hefty fine
The European Commission, the EU's regulator, has until May 27 to ask Microsoft to submit information about its generative AI tools to assess whether it violates the EU's Digital Services Act. The European Commission is concerned that the Bing search engine could violate the law due to the risks posed by generative AI. If Microsoft does not provide information, it may be subject to fines, which can total up to 1% of Microsoft's gross annual revenue. At the same time, the European Commission has launched related investigations into Company X (formerly Twitter) and TikTok.
Microsoft's carbon emissions have skyrocketed since 2020 due to the expansion of data centers
In its 2024 Environmental Sustainability Report, Microsoft revealed that in fiscal 2023, the company's Scope 1 and Scope 2 emissions (greenhouse gas emissions directly generated by the company's owned or operated assets, as well as the company's emissions from purchased electricity, heating, and steam) decreased by 6.3% compared to 2020, but Scope 3 emissions (emissions generated by the company's entire value chain) increased by 30.9%, the latter mainly related to data center construction. "To some extent, the challenges we face are unique to Microsoft as a leading cloud computing provider that is expanding its data centers," Microsoft said in the report. ”
Microsoft may open up the use of its self-developed AI chip Cobalt 100 to Azure users
Microsoft will unveil new cloud technologies at the Build Technology Conference, including opening up its own AI chip Cobalt 100 to Azure users, a 128-core 64-bit AI processor optimized for general-purpose workloads with up to 40% faster performance. At the same time, Microsoft will also launch Azure services based on AMD MI300X GPUs and a real-time intelligent analytics system that supports real-time analysis of big data, compatible with data platforms such as Kafka, AWS Kinesis and Google Cloud.
According to the news, Musk's xAI will reach a $10 billion server lease agreement with Oracle
Musk's artificial intelligence startup xAI has been in talks with Oracle executives to rent cloud servers from Oracle over the next few years, citing insiders, The Information said.
The proposed $10 billion (note from IT House: about 72.4 billion yuan currently) transaction size is comparable to OpenAI and Anthropic server transaction orders. If all goes well, the deal will make xAI one of Oracle's biggest customers.
xAI was founded in July 2023 and launched its first product, the Grok chatbot, in November last year. Recently, xAI demonstrated the Grok-1.5 Vision multimodal model, which can process images, documents, and tabular content in addition to text.
Financing mergers and acquisitions
Weiyuan Gene completed hundreds of millions of yuan in D+ round of financing
WeCom successfully completed the D+ round of financing, which is mainly used to promote the R&D and IVD of pathogenic molecular precision diagnostic products, and build a new production base. The company focuses on genetic diagnosis and infection precision medicine, has a variety of self-developed instruments and reagents, and has launched suitable products in the field of pathogen precision diagnosis.
Matrix Origins completed a $10 million Pre A round of financing
Matrix Origin recently completed a $10 million Pre A round of financing, led by VNET and followed by Honour Base. After this round of financing, Matrix Origin will expand its business to AI Infra and AI Platform on the basis of MatrixOne, a hyper-converged heterogeneous database, and deeply integrate and collaborate with VNET's AIDC business.
Snowflake正洽谈以超10亿美元收购Reka AI
Bloomberg reported that U.S. cloud computing giant Snowflake is in talks to buy startup Reka AI for more than $1 billion, in order to provide generative AI services, according to people familiar with the matter.
In 2022, researchers from Alphabet's Google Inc. and Zuckerberg's Meta Platforms founded Reka AI. In that 2023 funding round, Reka AI was valued at about $300 million, with a venture capital arm at Snowflake participating at the time.
Industry analysts said that through the acquisition of Reka AI, Snowflake can combine its advantages in data management and analysis with Reka AI's capabilities in AI model development. In addition, the acquisition of Reka AI could also help Snowflake further expand its market share. With the acquisition of Reka AI, Snowflake can further enrich its product line and service capabilities to meet the needs of more customers, thereby taking a better position in the fierce market competition.
Cross-dimensional Intelligence completed a strategic round of financing
Cross-dimensional Intelligence, a general embodied intelligence company, completed a strategic round of financing, which was led by Lenovo Ventures. Founded in June 2021, the company mainly provides embodied intelligence solutions integrating software and hardware for downstream enterprise customers based on visual perception related technologies such as 3D generative AI, multi-modal large models and 3D imaging.
Huawei and others completed the acquisition of TD Tech
Tianyancha App shows that TD Tech Communication Technology Co., Ltd. has undergone industrial and commercial changes, the original shareholder TD TECH HOLDING LIMITED has withdrawn, Chengdu TD Tech Holdings Co., Ltd. has been added as a wholly-owned shareholder, Marcus Peter Rodolf Botzer and many other key personnel have withdrawn, Xu Yaping has been added as chairman, Xu Zhijun, Yan Lida and other directors have been added, and at the same time, the company's registered capital has been changed from 62 million US dollars to about 505 million yuan. Prior to the transaction, Huawei and Nokia jointly held a 49% stake in TD Tech. After the transaction, Huawei and Chengdu CDHTI Group will jointly hold an equity interest in TD Tech, which is mainly engaged in the research and development and promotion of communication solutions for industry customers.
Policies & Trends
The Ministry of Industry and Information Technology (MIIT) has clearly strengthened key technological breakthroughs such as 5G-A and 6G
At the World Telecommunication and Information Society Day conference, the Ministry of Industry and Information Technology said that it will strengthen the research of key technologies such as 5G-A and 6G, as well as cutting-edge technologies such as artificial intelligence and quantum communication. In addition, the Ministry of Industry and Information Technology will also promote breakthroughs in core technologies in the information and communication industry, improve the resilience and security of industrial and supply chains, deepen the integrated application of "5G + Industrial Internet", and deepen the integrated innovation and application of digital technologies in education, medical care, elderly care and other fields. At present, China Mobile has taken the lead in promoting the commercial deployment of 5G-A in 100 cities, and plans to expand to 300 cities within the year. China Telecom has used 5G-A technology to build a number of city-level low-altitude private networks, while China Unicom has built a product system covering the entire industrial chain of 5G-A synaesthesia integration and passive Internet of Things technologies. 5G-A, also known as 5.5G, is a key stage in the evolution from 5G to 6G, and its technology comprehensively surpasses 5G, achieving a 10-fold increase in network capabilities, and is expected to achieve peak rates of downlink 10 Gigabit and uplink Gigabit, millisecond-level latency, low-cost 100 billion IoT, and air-space integration.
Ningxia: will make every effort to build "China's computing capital"
Mai Yanzhou, member of the Standing Committee of the Party Committee and vice chairman of the Ningxia Hui Autonomous Region, said at the press conference of the State Council Information Office that in the next step, we will take extraordinary measures, support extraordinary industries, achieve extraordinary development, and make every effort to build "China's computing capital" and contribute more Ningxia strength to the construction of digital China. In terms of eastern data and western computing, a number of green data centers will be built and a large-scale national intelligent computing base will be built as soon as possible, so that Ningxia's electricity will become the country's computing power and accelerate the digital economy. In terms of data elements, we have accelerated the implementation of industrial digitalization, established 100 key application projects, promoted the intelligent upgrading of traditional industries, and plugged in the wings of digitalization for thousands of industries. In terms of artificial intelligence, we will comprehensively carry out artificial intelligence + actions, actively strive to create a national artificial intelligence innovation and application pilot area, increase the open application of data and scenarios, and endow relevant systems with various intelligences to make them smarter. In September this year, we will hold the third "Western Digital Valley" Computing Industry Conference.
Four departments: cultivate and expand the urban digital economy, and develop emerging digital industries according to local conditions
The National Development and Reform Commission (NDRC) and four other departments issued the "Guiding Opinions on Deepening the Development of Smart Cities and Promoting the Digital Transformation of Cities". Among them, it is proposed to cultivate and expand the urban digital economy. We will further promote the deep integration of digital technology with primary, secondary and tertiary industries, and encourage platform enterprises to build multi-level industrial Internet service platforms. Develop smart agriculture in accordance with local conditions, accelerate the large-scale application of the industrial Internet, promote the digital transformation of productive services such as finance and logistics, and life services such as commerce and trade, cultural tourism, and health care, and improve the level of "cloud and data empowerment". Deepen the construction of digital transformation promotion centers, and promote the coordinated development of urban digital transformation and the integration and innovation of large and medium-sized enterprises. Develop emerging digital industries in accordance with local conditions, strengthen the integrated application of key digital technologies such as big data, artificial intelligence, blockchain, advanced computing, future networks, satellite remote sensing, and 3D modeling in urban scenarios, accelerate the transformation of technological innovation achievements, and build digital industrial clusters with international competitiveness.
Guangzhou: Accelerate the construction of advanced computing centers and strengthen the exploration of new computing technologies such as superconducting computing, quantum computing, and brain-like computing
The Guangzhou Municipal People's Government issued a plan for the high-quality development of Guangzhou's digital economy. It is mentioned that the construction of advanced computing power centers will be accelerated. Actively plan and deploy the construction of next-generation new high-performance data centers such as high-density data centers, edge data centers, and intelligent computing centers, and improve data perception, data analysis, and real-time processing capabilities. Accelerate the upgrading and transformation of the National Supercomputing Center in Guangzhou, and accelerate the improvement of the independent computing industry ecology. Vigorously promote the construction of Guangzhou Artificial Intelligence Public Computing Center, and provide inclusive artificial intelligence computing services, data services and algorithm services. Promote the construction of high-level green cloud computing platforms and edge computing nodes, and promote the migration of the computing ecosystem to mobile terminals. Build an industrial ecology of large models in vertical fields, strengthen the layout of industry computing power construction for industry, medical care, transportation, finance, education, scientific research and other fields, promote the pilot trial of large AI models in high-value application scenarios, and explore a number of industry demonstration applications. Strengthen the exploration of new computing technologies such as superconducting computing, quantum computing, brain-like computing, biological computing, and optical computing.
The first batch of cross-border scenario-based general data lists in China were released
The Lingang Special Area of the Shanghai Pilot Free Trade Zone released the first batch of cross-border scenario-based general data lists in China, including three fields: intelligent networked vehicles, public funds, and biomedicine, involving 11 scenarios such as cross-border production and manufacturing of intelligent networked vehicles, pharmaceutical clinical trials and R&D, and fund market research information sharing, which are divided into more than 600 fields in 64 data categories. Among them, the field of public funds includes 2 scenarios: market research and internal management, 11 data categories, and 344 data fields.
Shandong Provincial Green New Energy Industry Investment Fund was established with a capital contribution of 10 billion
Recently, Shandong Green New Energy Industry Equity Investment Fund Partnership (Limited Partnership) was established, with Shanghai Yankuang Asset Management Co., Ltd. and Shandong Energy Group Co., Ltd. as executive partners, with a capital contribution of 10 billion yuan, and its business scope is to engage in equity investment, investment management, asset management and other activities with private equity funds. According to the partner information, the company is jointly funded by Shandong Energy Group Co., Ltd., Xiamen ITG Huarui Investment Co., Ltd., Shandong New Kinetic Energy Fund Management Co., Ltd., Shanghai Yankuang Asset Management Co., Ltd., and Xiamen ITG Xinxin Investment Development Co., Ltd.
Gartner: The top three cloud computing laaS market shares in the Asia-Pacific region are Alibaba Cloud, Amazon, and Microsoft
In 2023, Alibaba Cloud will rank first in the cloud computing IaaS market in the Asia-Pacific region, with a market share of 22.2%, up from 21.4% last year. In second place is Amazon AWS with a share of 16.5%. In third place is Microsoft Azure with a share of 16.1%. The data shows that the market as a whole is further concentrated in the head cloud computing vendors, and the top three occupy more than half of the market share. At the same time, Alibaba Cloud, Microsoft and Google all increased their market share, further enhancing market concentration.
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