Alibaba is reportedly trying to cement its cloud business with plans to open a data center in India this year. According to Indian newspaper Business Line, China’s e-commerce titan has plans to boost its cloud computing business in India likely through an acquisition.
“When they start on-boarding millions of sellers and suppliers on the platform, it is clear they will need a means to support that kind of data,” said Greyhound Research‘s CEO Sanchit Vir Gogia in an interview with Business Line. “It is less expensive compared to relying on a third-party data center and also there are no issues of data theft.”
Source: Yibada