This week, Alibaba Cloud, the cloud computing division of Alibaba Group Holding announced plans to double the data storage and processing capacity of its Hong Kong data center.
Ethan Yu, General Manager, Alibaba Cloud Global said:
More companies have come to realize the importance of changing their traditional IT mindset to embrace the new data technology.
We are confident that the expanded data center facility, together with our scalable and secure cloud offering, will better meet the needs of the digital transformation in key local sectors such as hospitality and financial services.
The company says that the expansion is expected to offer scalable computing services in the APAC region and help grow a market share outside of the Chinese mainland.
According to reports, Hong Kong leads Asia in terms of cloud adoption as more businesses tap into cloud computing for benefits such as operational efficiency and innovation. The city reached the top of the Asia Cloud Computing Association’s Cloud Readiness Index in 2016.