Alibaba Cloud Ranked Third Globally | IT News - TechFunnel

Alibaba Cloud Ranked Third Globally

Alibaba Cloud Ranked Third Globally

Chinese E-commerce giant, Alibaba Group, generated the third largest cloud database management system (DBMS) revenue among global players in 2018.

According to a recent report entitled “Gartner, The Future of the DBMS Market Is Cloud” published on June 21, 2019, Alibaba Cloud’s market share ranked third among cloud-only DBMS vendors globally, up 116% from 2017. In comparison, growth rates for Amazon and Microsoft were 75% and 134% respectively.

Cloud-native databases like Alibaba Cloud’s PolarDB will be the future of database innovations,” said Lancelot Guo, Vice President of Alibaba Group and General Manager of Strategy and Marketing at Alibaba Cloud. “As enterprises increasingly migrate their on-premises databases to the cloud, cloud-native DBMS providers like Alibaba Cloud will be well positioned to benefit from the exponential growth of the DBMS market. We are a strong and competitive services provider for public services, as well as for the retail, finance and manufacturing sectors.”

Alibaba Cloud has successfully migrated close to 400,000 database instances to the cloud. Its powerful database services have endured the toughest pressure test of Alibaba Group’s 11.11 Global Shopping Festival, which involved managing peak traffic volumes of approximately 100 times the daily average.

Alibaba Cloud is pioneering open-source DBMS and is an advocate of distributed DBMS. The company boasts a full suite of database products, ranging from relational, NoSQL and analytic database services to database migration tools.

Megha Shah
Megha Shah
A dreamer, traveler, aspiring entrepreneur and a bookworm beyond repair, Megha Shah is extremely fond of writing and has been doing so since she was a child. Apart from being a part-time writer, Megha is currently in college, pursuing B. Com. (Hons). Megha is an ardent follower of ‘Hardship, Hustle and Heart’ and firmly believes in the power of hard work and destiny!
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