China’s retail giant Alibaba looks to compete for a spot with other cloud computing giants such as Amazon and Microsoft by launching nine innovative tech offerings that would benefit the global retail sector from cloud infrastructure to security, as shared in a report by Channel News Asia.
The decision to showcase the new tech products in Singapore stems from the fact that the country has been known to stay abreast with important retail and technological strides within the region and in the global scene.
Alibaba to feature 9 Innovative Retail Technologies in Singapore
According to Mr. Leon Chen, country manager for Singapore and Indonesia at Alibaba Cloud, Alibaba’s product demo centre is slated to open for September, with more event details to be revealed as the showcase date/s approach.
Another executive at Alibaba Cloud Dr. Derek Wang shared that the demo centre will showcase the brand’s cloud computing technologies currently used in China as well as by its partners such as Australian fashion store, The Iconic.
At the recently concluded Alibaba Cloud Summit 2018 held in Singapore last Aug. 15 (Wednesday), the brand introduced nine of their new products in various areas like the Internet of Things (IOT), data analytics, and anti-bot services. The last one being especially important for companies such as AirAsia and other travel booking firms in addressing the issue of online scalpers and digital “squatters” who reserve airline tickets and hotel accommodations, and prevent actual customers from executing their transactions in the process.
Such industry-specific tools are among some of the products Alibaba Cloud offers, which most of its competitors do not, shared Dr. Wang.
And finally, Dr. Wang touched on the brand’s “Go China” strategy, which basically floats the possibility for prospective customers to jump into the Chinese market with their products through the tools and capabilities offered by Alibaba, which include logistics and payment services such as Alipay.