This week, Wanda Internet Technology Group and IBM announced that they have signed an agreement in Beijing to establish a new cloud business.
According to the agreement, Wanda will enter the public cloud business through the formation of a new company built on IBM’s Cloud Platform. Through this new company, IBM says that Chinese businesses will have access to select IBM cloud infrastructure and platform as a service (IaaS and PaaS) technologies.
IBM claims that its cloud platform is built to drive business innovation by providing technologies like Watson, Blockchain and Internet of Things that companies can tap into to drive new value. Wanda says that it will deploy technologies leveraging the IBM Cloud Platform nationwide, through a network of cloud data centers.
IBM also announced that it will introduce Watson services to China through a new partnership, starting with Watson Conversation services, which allows developers to add natural language interactions between apps and customers.