Tech mogul Alibaba Cloud have partnered with payment firm TAS Group in a bid to take on AWS in the Australian market. As per the terms of the deal, Alibaba will fortify their presence in the Australian market by leveraging TAS Group’s network in the financial sector.
According to TAS Group, the financial sector in Australia is looking for cloud-based services to reduce their workloads. They also believe that financial organizations are looking for different ways to outdo each other in terms of performance.
By partnering with Alibaba Cloud, TAS Group believe that they will be able to provide financial companies in Australia with a much-needed advantage. They also say TAS Group will be able to boost their reputation in the financial industry.
Speaking about the alliance, Shane Baker, CEO at TAS Group, commented:
As a trusted advisor in FSI, TAS is very pleased to be partnering with a highly regarded global cloud computing company that is cutting edge with its services that will give our clients unparalleled advantages that align with our commitment to provide exceptional tech solutions.
Alibaba say that their decision to partner with TAS is a part of their competitive strategy to gain more market share in the APJ (the Asia Pacific and Japan) region. They also say that by entering into this alliance, Alibaba Cloud will be able to leverage TAS’ network to gain businesses.
Speaking about the partnership, Raymond Ma, Alibaba Cloud’s ASEAN and ANZ General Manager, said:
Alibaba Cloud and TAS share the same commitment to customer excellence with a deep knowledge to deliver value through cutting-edge technology.
We are happy to have found a like-minded business partner in TAS and look forward to setting a new industry benchmark in the way of cloud deliverables for the financial services market.
It will be interesting to watch how Alibaba Cloud make the most out of this partnership and race ahead of AWS in the cloud race.