Alibaba returns to growth with revenue up 51% to $13.9 billion Jon Russell, Rita Liao / 6:01 AM PDT • May 15, 2019 It’s business as usual for Alibaba after the Chinese e … With the two data centers in. cities These services can cater to key sectors. infrastructure Use ParkMyCloud’s REST API and JSON Webhook to create customized integrations. ParkMyCloud helps you identify and eliminate wasted spend on orphaned and excessive cloud storage in AWS and Azure. Advertise | Alibaba. plan The AWS common use arrangement will allow all state and local government authorities, as well as universities, to access AWS services and features. By The life sciences software vendor said it will continue to “invest aggressively” this year. and What we know for sure is that we can expect more growth, and that’s a good thing for all of us because growth drives competition, innovation, and better offerings for all. , AliCloud will offer 50+ services, such as elastic computing, image search, database, networking, disaster recovery, and storage services. The enterprise cloud storage company reported​ $196 million in Q3 revenue. Nicole is responsible for running ParkMyCloud's social media accounts, link building, prospect research, and other marketing tasks. Alibaba is currently operating at a global scale in 55 availability zones across 19 regions around the world. Microsoft (1) After elimination of inter-company transactions. Keep your ITSM tool as your single source of truth, while enabling your users to optimize cloud costs using ParkMyCloud, right within their existing workflows. work. According to Canalys findings, the closest competitor Alibaba Cloud has is Tencent Cloud who holds 15.4% of the China cloud market share. Alibaba annual revenue for 2020 was $71.985B, a 28.2% increase from 2019. in the most recent June quarter to $1.134 billion. The company told investors that customers spent 45 percent more apiece compared to the same quarter in 2019. Any action you can take through the UI can also be taken through ParkMyCloud’s documented API. You will also receive a complimentary subscription to the ZDNet's Tech Update Today and ZDNet Announcement newsletters. retail business, the consolidation of Ele.me, as well as strong revenue growth of Alibaba Cloud. Total Revenue Breakdown(1) March Quarter Revenue 5 Notes: We started to consolidate Ele.me in May 2018 and Koubei in December 2018. Box Q3 results beat expectations, Q4 guidance light. For fiscal 2019, Alibaba Cloud delivered revenue of $3.68 billion, up 84 percent from a year ago. Although Alibaba ranks lowest among the top five, they show consistently steady, upward growth, and land only a hair shy of catching up to IBM at 6 percent. Alibaba Cloud, China's major cloud infrastructure provider, reported a 60 percent rise in revenue in Q3, compared to the same period last year. The figure and associated growth rates suggests the China-based technology giant may eventually leapfrog Google Cloud Platform (GCP) revenues while pursuing Amazon Web Services (AWS) and Microsoft Azure for global public cloud dominance. Alibaba is at the top of the market in Asia, and dominating in China with cloud revenue up 66% year-over-year. Alibaba's total revenue for the fourth quarter was $13.9 billion, up 51 percent from a year ago. is gains with for ... NetApp shares surge as fiscal Q2 tops expectations led by software, cloud; Q3 forecast also stronger. However, Alibaba's cloud division still loses money. Cloud computing represents 7% of Alibaba's total revenue. computing Alibaba issued its latest earnings report yesterday, and the Chinese eCommerce giant reported that cloud revenue grew 62 percent to $1.5 billion U.S., … They are focused on the bigger picture and continuing to increase their presence in the global marketplace. At present, AWS represents only about 1/9th of Amazon revenue but generates over 60% of its operating profit. At present, AWS represents only about 1/9th of Amazon revenue but generates over 60% of its operating profit. Edge While AWS has a third of the total market share, Alibaba is holding onto a whopping 47.3% of China’s cloud computing market share. You may unsubscribe from these newsletters at any time. Salesforce launches Service Cloud Workforce Engagement, aims to improve forecasting, Salesforce acquires Slack for $27.7 billion in its largest acquisition ever: Here's the plan, Infosys President Ravi Kumar on the future of education: Think skills not degrees, AWS launches Amazon Connect real-time analytics, customer profiles, machine learning tools. Alibaba's share of China's cloud infrastructure market dipped from 47.3% to 46.4% between the first and fourth quarters of 2019. | Topic: Cloud, What is cloud computing? Synergy Research Group reported Q2 2019 cloud market share numbers: Amazon 33%, Microsoft 13%, Google 8%, IBM 6%, and Alibaba 5%. As of collaboration Larry Dignan Alibaba annual revenue for 2018 was $39.898B, a 73.51% increase from 2017. Wavelength Alibaba’s revenue grew 144% over 2017-2019 to $56 billion and is expected to increase 78% to nearly $100 billion by 2021. Alibaba Cloud sales up 66% in Q1, hits $4.5 billion annual revenue run rate, Alibaba Stock Is Riding High on Growth in Cloud, Global Operations, Cloud wars: Big Four providers increase dominance, Alibaba grows fastest – Gartner, Alibaba’s fourth quarter cloud revenue puts it on $2.8 billion annual run rate, Alibaba Expects Faster Revenue Growth on Commerce, Cloud Businesses. There is little reason to believe that Alibaba’s cloud business will somehow veer off trajectory and be different,” said John Freeman, equity analyst at CFRA Research. “Alibaba’s advanced, secure infrastructure and knowledge of these markets will empower our global customers with a solution that meets local business needs,” said Salesforce, Alibaba’s newest strategic partner. Yong Zhang, CEO of Alibaba, said digital transformation is driving cloud spending. Alibaba annual revenue for 2019 was $56.152B, a 40.74% increase from 2018. grand 5G We can see below how cloud computing revenue outpaced gains from the company's other business segments such as core commerce and digital media & entertainment in fiscal 2019 (which ended in March): Data source: S&P Capital IQ. Alibaba is growing its market presence, not only with a firm hold over Asia, but also securing a spot as one of the top 5 cloud providers worldwide. In addition, Zhang argued that this digital transformation will be sped up by the trade war with the U.S. Zhang noted: Looking into the future, China will expedite its journey to transform from an export-driven economy to a consumption-driven economy. to In the fiscal year 2019, Alibaba Cloud served more than half of the A-share listed companies in China. According to. While core commerce revenue of the brand grew by 54% from 2018 to 2019, net revenue jumped by 51%. They are focused on the bigger picture and continuing to increase their presence in the global marketplace. Find and eliminate wasted spend on container platforms, using ParkMyCloud to automatically schedule on/off times for your container clusters and nodes. Zhang said: Alibaba Cloud continues to achieve substantial growth in the enterprise service sector. Services are available on a pay-as-you-go basis and include Elastic Compute, Data Storage, Relational Databases, Big-Data Processing, Anti-DDoS protection and Content Delivery Networks (CDN). These include products and features that are related to core cloud offerings, security, AI applications, and data intelligence. Japan's Ivanti says the deals strengthen the company in the mobile zero-trust security space. Amazon's Andy Jassy talks up AWS Outposts, Wavelength as the right edge for hybrid cloud. by Joe Panettieri • Jan 30, 2019 Alibaba Cloud services revenues are nearing a $4 billion annual run rate. Stay informed and manage your cloud environment, right from your ChatOps tools including Slack, Microsoft Teams, and Google chat products. For comparison to the other big cloud + retail giant, AWS accounts for 13% of Amazon revenue. | May 15, 2019 -- 14:20 GMT (15:20 BST) The statistic shows the annual revenue of the Alibaba Group 2010-2019. Cloud revenue hit $2.194bn for the quarter, up 60 percent year-over-year. Required fields are marked *. with Alibaba Cloud not only provides enterprise customers with cloud-based IT infrastructures, more importantly, enable them with advanced data processing and analytical strengths and artificial intelligence capabilities. Not only is Alibaba expanding the number of data centers, but they also launched over 300 new cloud services during the June 2019 quarter. The company's CEO, Daniel Zhang, highlighted the business during Alibaba's recent earnings call. at Synergy Research Group, says “While not all cloud providers have released their Q4 numbers yet, it is quite evident that, has once again outpaced overall market growth”, , says “Our growth is driven by the power of Alibaba’s cloud and data technology that helps expedite the digital transformation of millions of enterprises.”, “The growth, evolution, and operating margin profile of Alibaba’s cloud services are following, and should continue to follow, the same path. Meanwhile, Chinese companies will also have to respond to tariffs with more technology and digitization of businesses. Google Cloud, however, saw the largest growth of the hyperscalers over the past 12 months, at 80.1%, compared with Microsoft (57.8%) and AWS (29.0%). ParkMyCloud works with your monitoring tools to keep your systems informed about user actions and more, while avoiding extraneous alerts. 1U In comparison, AWS growth was at 45 percent for the same period, and Azure was a surprising 64% YoY – the lowest it’s been in years. computing in AWS comes in third holding 8.8% of the cloud market share in China. Alibaba is the top cloud provider in Asia, but globally competes with the likes of Amazon Web Services, Google Cloud and Microsoft Azure. So as we continue to see Alibaba cloud market share growth, could they be the next big cloud provider in 2019? its is By registering, you agree to the Terms of Use and acknowledge the data practices outlined in the Privacy Policy. factors for Between the Lines Alibaba Cloud is third in the ranking with 9.1% share, ahead of Google Cloud (5.3%) and Tencent (2.8%). Alibaba's cloud computing revenue in its fiscal fourth quarter was $1.15 billion, up 76 percent from a year ago, as customers spent more on new services. and In comparison, AWS growth was at 45 percent for the same period, and Azure was a surprising 64% YoY – the lowest it’s been in years. is proving that they are a force to be reckoned with and are showing no signs of slowing down anytime soon. Linux Foundation's entry-level IT administrator certification is open for enrollment. Alibaba reported cloud computing brought in revenue of 14.89 billion yuan ($2.24 billion) in the three months that ended Sept. 30, a 60% year-on-year rise. Following Amazon’s AWS, Google Cloud, and Microsoft Azure, AliCloud is making headlines of its own after they released their latest quarterly revenue and full fiscal year 2019 reports: To see how much the Alibaba Cloud has grown, here are the 2018 headlines we gathered last year: Here’s what Alibaba’s 2019 annual reports tell us: Alibaba is growing its market presence, not only with a firm hold over Asia, but also securing a spot as one of the top 5 cloud providers worldwide. That reality will drive Alibaba's platform of services such as retail, financial services, logistics and cloud. While AWS has a third of the total market share, Alibaba is holding onto a whopping 47.3% of China’s cloud computing market share. It has been completely rewritten and updated for 2019. These include products and features that are related to core cloud offerings, security, AI applications, and data intelligence. Table by author. AWS In the June quarter, the company's cloud computing revenue maintained its rapid expansion, growing 66% year over year to $1.1 billion and accounting for 7% of sales. Alibaba Cloud Market Share – 2019 and Beyond: growth, could they be the next big cloud prov. combine of Out of all the China cloud providers, Alibaba is clearly in the lead with the biggest market share. SK As China marched into the era of digital economy, all industry sectors have come to embrace digital technologies. In the quarter ended December 31, 2019, net cash provided by operating activities was RMB96,505 million (US$13,862 million), an increase of 49% compared to RMB64,898 million in … ALL RIGHTS RESERVED. The introduction of new services and solutions has also helped fuel growth in Alibaba’s cloud business, as this has helped raise revenue per cloud customer. We're seeing significant traction and diversification of customers in revenue. Zhang said consumption will drive Alibaba's e-commerce business. We’ll keep up with the changes in the cloud market to see if this changes. You agree to receive updates, alerts, and promotions from the CBS family of companies - including ZDNet’s Tech Update Today and ZDNet Announcement newsletters. An introduction to cloud computing from IaaS and PaaS to hybrid, public and private cloud. Cookie Settings | ... © 2020 ZDNET, A RED VENTURES COMPANY. Cloud services: 24 lesser-known web services... Alibaba is the top cloud provider in Asia, CES 2019: Intel and Alibaba partner on artificial intelligence. Please review our terms of service to complete your newsletter subscription. Alibaba is also forging a series of partnerships with enterprise software players. Teams She earned a BS in Sociology from James Madison University. Veeva Systems fiscal Q3 revenue and earnings top expectations, forecast higher as well, shares sag. Change in Cloud Computing Revenues: 2017 to 19 – $2.7 billion (total percentage change of 280.3%); 2019 to 21E – $5.15 billion (total percentage change … ider in 2019? Cloud computing represents 7% of Alibaba's total revenue. Alibaba controlled 47% of China's cloud IaaS market at the beginning of the year, according to Canalys. Download: How to Use ParkMyCloud + ServiceNow for Cloud Cost Management. We believe consumption in the service sectors will become new benchmarks to bring new growth potential to China. Our cloud-based data technology capabilities, together with our expertise in commerce, financial services and logistics form the core of Alibaba business operating system. View all posts by Nicole Bavis →, Your email address will not be published. That still made for a loss, but it was a mere one percent at 156M RMB or $23m. The cloud market is constantly changing, so while we continue looking at AWS, Azure, Google, and IBM in the next year, we’ll also be keeping an eye on Alibaba Cloud to see what they bring to the table. Alibaba said its cloud user it has more than half the A-share listed companies in China as customer. future rack For 2019, Alibaba’s annual cloud revenue reached $3.68 billion for the. Cloud computing revenue grew 76% year-over-year to RMB7,726 million (US$1,151 million) during the March 2019 quarter, primarily driven by an increase in average spending per customer. form and Alibaba and Tecent saw growth of 62.4% and 101.5% respectively. and You may unsubscribe at any time. up Alibaba Outlines ‘Clear Cloud Strategy’ in Q3 2019 Earnings. in John Dinsdale, chief analyst and research director at Synergy Research Group, says “While not all cloud providers have released their Q4 numbers yet, it is quite evident that Alibaba growth has once again outpaced overall market growth”, Daniel Zhang, CEO of Alibaba Group, says “Our growth is driven by the power of Alibaba’s cloud and data technology that helps expedite the digital transformation of millions of enterprises.”. Korea's It generated 8% of its revenue last year, but it's never generated an annual profit. For fiscal 2019, Alibaba reported revenue of %56.15 billion, up 51 percent from a year ago, with income from operations of $8.5 billion. Alibaba announced its earnings today, and the Chinese e-commerce giant got a nice lift from its cloud business, which grew 66% to more than $1.1 billion, or a run rate surpassing $4 billion. Download: How to Automate Cloud Cost Optimization with ParkMyCloud + Terraform. Download: How to UseParkMyCloud + Monitoring Tools for Cloud Cost Management, Copyright © ParkMyCloud 2015-2020. The The cloud market is constantly changing, so while we continue looking at AWS, Azure, Google, and IBM in the next year, we’ll also be keeping an eye on Alibaba Cloud to see what they bring to the table. sets Outposts You also agree to the Terms of Use and acknowledge the data collection and usage practices outlined in our Privacy Policy. acquisition There is little reason to believe that Alibaba’s cloud business will somehow veer off trajectory and be different,” said, “Alibaba’s advanced, secure infrastructure and knowledge of these markets will empower our global customers with a solution that meets local business needs,” said. So far this year, they have opened a second data center in Japan, as well as Indonesia. That approach won't fly as consumer behavior shifted amid the COVID-19 pandemic. In an effort to expand their SaaS offerings, Alibaba cloud announced their SaaS Accelerator program. KDDI, reported Q2 2019 cloud market share numbers: Amazon 33%, Microsoft 13%, Google 8%, IBM 6%, and Alibaba 5%. Revenue for Alibaba Cloud was up 66% from a year ago in its June quarter to $1.13 billion. Adjusted EBITA for fiscal 2019 was $172 million. The system will empower the digital transformation of enterprises. After reviewing the fiscal earnings report for 2019 and the most recent quarterly report from June for the ‘big three’ cloud providers, we thought it was time to take a closer look at the Alibaba Cloud market share. In this way, Alibaba is gaining at a significant pace and with impressive financial growth, it could also grow its business overseas at a faster rate. The company is growing at a rapid rate thanks to an increase in average revenue per customer. over , we thought it was time to take a closer look at the Alibaba Cloud market share. Alibaba Blinks: Building an open source, data-driven cloud empire in real-time, Best Buy Q3: Revenues rise in online, domestic sales surge, Nutanix beats Q1 expectations, narrows loss, Intuit Q1 tops expectations with steady growth in small business ecosystem, Walmart's third quarter online sales climb 79%, Cisco tops Q1 expectations, shares climb on strong guidance, RingCentral Q3 revenue and earnings top expectations, T-Mobile eyes TVision, video as way to become home broadband provider, drive 5G, Square delivers strong Q3 on surging Cash App profits. Note: a version of this post was originally published in May 2018. WA signs whole-of-government deal with AWS. Add users and create permissions in ParkMyCloudusing SSO with SAML 2.0, with support for Azure AD, Azure ADFS, Google Apps, Centrify, Okta, Ping Identity, and more. the Google reveals how its Borg clusters have evolved yet still only use about 60 percent of resources (Alibaba might do better) READ … Terms of Use, Alibaba starts international cloud sector expansion in Poland. On a conference call with analysts, Alibaba executives were upbeat about the company's prospects to sell cloud customers on value added services. Privacy Policy | Annual active consumers Alibaba's retail marketplaces were 654 million with mobile monthly active users of 721 million for the quarter ending March 30. Slack ParkMyCloud manages compute resources in AWS, Azure, Google Cloud, and Alibaba Cloud. While Alibaba is in the top 5 CSPs worldwide, they still have a lot of plans for the future to maintain this growth and continue to move up. Out of all the China cloud providers, Alibaba is clearly in the lead with the biggest market share. Nicole Bavis is a Marketing Associate at ParkMyCloud. For 2019, Alibaba’s annual cloud revenue reached $3.68 billion for the full fiscal year, an 84% increase from last year. Will they jump into the ‘big three’ or will it become a ‘big five,’ including IBM market share? Your email address will not be published. Contact center agents are often siloed into communication channels. coming Alibaba will be banking on cloud sales to help drive growth going forward. , the closest competitor Alibaba Cloud has is Tencent Cloud who holds 15.4% of the China cloud market share. Ali Longwell January 31, 2019 9:40 am MT Share this article: Email Twitter LinkedIn Facebook Reddit Hacker News. units, China’s biggest e-commerce company, Alibaba Group Holding, had over 100 thousand full-time employees by the end of March 2019. Use ParkMyCloud to automatically optimize costs through resource scheduling and rightsizing. The company is growing at a rapid rate thanks to an increase in average revenue per customer. alibaba group offerings Tmall Taobao Marketplace Freshippo Alibaba Health 1688.com Lingshoutong AliExpress Lazada Group Kaola Alibaba.com Ele.me Koubei Fliggy Youku Alibaba Pictures Damai Amap DingTalk Cainiao Network Alimama Ant Group Alibaba Cloud Alisports Alibaba Entrepreneurs Fund Alibaba Global Initiatives It’s unlikely that Alibaba will be keeping up with AWS, Azure or GCP in the United States anytime in the near future. Everything you need to know from public and private cloud to software as a service. to Here’s the deal with Ali Cloud and why it should not be overlooked in 2019. Take advantage of ParkMyCloud’s cost optimization, while maintaining the ability to control resources through your CI/CD tool using API calls as needed. digital a The results from the company highlight how it is gaining share in Asia. new The Not only is Alibaba Cloud expanding their cloud footprint in the Asia-Pacific, but they have also recently expanded their reach to offer services in. Alibaba Cloud offers cloud services. Looking at the numbers, it’s obvious that AWS is still number one overall, but other cloud service providers are not trailing far behind. ———Gartner Market Share Analysis: IaaS and IUS, Worldwide, 2018 NO.1 With the two data centers in Japan, AliCloud will offer 50+ services, such as elastic computing, image search, database, networking, disaster recovery, and storage services. AWS comes in third holding 8.8% of the cloud market share in China. Alibaba Cloud is the world's third largest IaaS provider by revenue in 2018, according to Gartner's July 2019 report. Alibaba revenue for the twelve months ending September 30, 2020 was $83.193B, a 28.15% increase year-over-year. With formidable growth in its eCommerce and cloud computing businesses, Alibaba Group Holding Ltd. noted a larger-than-expected 40 percent increase in second-quarter revenue. The company delivered income from operations of $1.3 billion in the fourth quarter. For fiscal 2019, Alibaba Cloud delivered revenue of $3.68 billion, up 84 percent from a year ago. We have seen that they are the public cloud provider that has shown the most YoY growth and Aliyun is proving that they are a force to be reckoned with and are showing no signs of slowing down anytime soon. showdown more In her free time, she enjoys spending time with family and friends, traveling, and playing in local sports leagues. Will they jump into the ‘big three’ or will it become a ‘big five,’ including IBM market share? By signing up, you agree to receive the selected newsletter(s) which you may unsubscribe from at any time. According to IDC, Alibaba Cloud has grown by. So far this year, they have opened a second data center in Japan, as well as Indonesia. platform Integrate ParkMyCloud into your existing workflows to automatically optimize costs as you deploy cloud infrastructure. Not only is Alibaba expanding the number of data centers, but they also launched over 300 new cloud services during the, . Not only is Alibaba Cloud expanding their cloud footprint in the Asia-Pacific, but they have also recently expanded their reach to offer services in Brazil. Growing cloud business:-The cloud business of Alibaba is also seeing faster and impressive growth in the recent years. by Nicole Bavis | Sep 17, 2019 | Cloud Management, Cloud Services | 0 comments. However, Alibaba’s cloud revenue can’t quite compare with the $30 billion and $33.7 billion generated for 2019 by AWS and Microsoft Azure, respectively. Alibaba Cloud (Chinese: ... As in Aug. 2019, the company made an announcement to rename Alibaba Cloud to Alibaba Cloud Intelligence. What we know for sure is that we can expect more growth, and that’s a good thing for all of us because growth drives competition, innovation, and better offerings for all. Salesforce ParkMyCloud makes it easy to reduce costs on public cloud databases through resource scheduling and rightsizing, for databases in AWS, Aurora, and Google Cloud. This growth was d… NetApp emphasized a tripling of its public cloud services revenue annualized run rate in the quarter. On top of that, Alibaba also caught attention when it was named Salesforce’s exclusive provider in China. Looking at the numbers, it’s obvious that AWS is still number one overall, but other cloud service providers are not trailing far behind. In 2019, Alibaba's annual revenues amnounted to 377 billion yuan, this translates to approximately 55 billion U.S. dollars. 1. Ivanti announces double acquisition of MobileIron, Pulse Secure in zero-trust security push. Alibaba is currently operating at a global scale in 55 availability zones across 19 regions around the world. Although Alibaba ranks lowest among the top five, they show consistently steady, upward growth, and land only a hair shy of catching up to IBM at 6 percent. In an effort to expand their SaaS offerings, Alibaba cloud announced their SaaS Accelerator program. These services can cater to key sectors. \"Our growth is also driven by the power of Alibaba's cloud and data technology that helps expedite the digital transformation of millions of enterprises,\" Zhang said on the Jan. 30 call. “The growth, evolution, and operating margin profile of Alibaba’s cloud services are following, and should continue to follow, the same path. The goal of the SaaS Accelerator is to enable a seamless integration of SaaS offerings for vendors running on Alibaba Cloud. Alibaba Cloud is Alibaba's second-largest business. The Linux Foundation's first certification for entry-level system classes is ready to help you get started on your modern-day IT job hunt. 2U Is Poland the opening Alibaba needs to break grip of Amazon, Microsoft, Google on cloud? and On top of that, Alibaba also caught attention when it was named. How to UseParkMyCloud + ChatOps Tools for Cloud Cost Management, How to Use ParkMyCloud + ServiceNow for Cloud Cost Management, How to Automate Cloud Cost Optimization with ParkMyCloud + Terraform, How to UseParkMyCloud + Monitoring Tools for Cloud Cost Management. Connect During the same period, Tencent Cloud's share rose from 15.4% to … Alibaba CFO Wei Wu said: Our cloud computing business priority right now is to remain at expanding our market leadership and up-selling of higher value-added services. Cloud Computing Cloud computing revenue grew 64% year-over-year to RMB9,291 million (US$1,300 million) during the September 2019 quarter, primarily driven by an increase in average revenue per customer. Alibaba Cloud continues to gain traction and enterprise customers as it now represents 7 percent of the Chinese e-commerce giant's revenue. All rights reserved, After reviewing the fiscal earnings report for 2019 and the most recent quarterly report from June for the. Download: How to UseParkMyCloud + ChatOps Tools for Cloud Cost Management. We have seen that they are the public cloud provider that has shown the most YoY growth and. Alibaba Cloud serves customers from a broad range of traditional industries beyond Internet and media industries. The goal of the SaaS Accelerator is to enable a seamless integration of SaaS offerings for vendors running on Alibaba Cloud.