Alibaba Cloud Database Products Revenue Increases 50% YoY with 150,000 Customers Worldwide

TechnologyBusiness & Finance
20 Jan 2022 • 10:06 AM MYT
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Alibaba Cloud, Alibaba Group's digital technology and intelligence backbone, has seen revenue for database products increase by more than 50% year over year (YoY), owing to increased enterprise sales as global businesses rely on cloud computing, particularly database, to help them recover from the pandemic.

Separately, Alibaba Cloud has been named a Leader in 2021 Gartner Magic Quadrant for Cloud Database Management Systems, following being named a Leader in 2020 Gartner Magic Quadrant for Cloud Database Management Systems report.

"Since entering the leader's quadrant in 2020, Alibaba Cloud has been continuously innovating our database products to address customers growing needs associated with data analytics and security," said Dr Li Feifei, President of Database Business, Alibaba Cloud Intelligence. "In addition, we are committed to open-sourcing more database products such as cloud native database PolarDB and its distributed version PolarDB-X, to give global developers the access of our leading technologies in order to build up an inclusive database ecosystem for everyone."

Driving 150,000 Customers' Global Success
Alibaba Cloud database product family currently serves 150,000 customers worldwide covering key verticals including aviation, insurance, logistics, retail, fintech, manufacturing, gaming, education and more.

Tiger Brokers has continually provided its customers with rapid and stable access to streaming data and the capability to seamlessly execute trades on multiple global markets. Given the nature of its business, the company deployed a series of Alibaba Cloud products to support its system. The suite of products from ApsaraDB (Alibaba Cloud database family) has provided the platform with much-needed stability, reliability, scalability, and high availability at the database layer. It allows the IT team to quickly build a highly secure, high-performance database compatible with many applications to help the company bring the best user experience to their customers.

AIA Life Insurance deployed Alibaba Cloud's database products to support its growing customer base in China and provide customers with stable and reliable services in migrating its key services to cloud. With the support of PolarDB, its insurance contract system is able to support hundreds of thousands read request per second to ensure smooth communication and coordination between agents and customers, which greatly increases its operational efficiency.

Rounddesk, an enterprise-grade video conferencing platform headquartered in Singapore, has experienced drastic increase in its video conferencing demands due to the pandemic and has leveraged Alibaba Cloud's suites of products, including database, to resolve challenges such as bandwidth limitations. Supported by ApsaraDB RDS for MySQL and MongoDB solutions, Rounddesk's compute and scalability challenges were addressed timely and efficiently.

New Launches to Boost Security and Analytics Capabilities
Customers are increasingly adopting a hybrid work approach to reduce costs and improve performance efficiency, and Alibaba Cloud invented a fully encrypted database system that allows users to encrypt their data before uploading it to the Cloud for processing, providing businesses with an extra layer of compliance and privacy assurance while still enjoying the benefits of cloud-native database systems. Furthermore, Alibaba Cloud has enhanced its Database Management Services (DMS) to give businesses with a one-stop solution for data integration, cleaning, and development.

Alibaba Cloud also enhanced its cloud-native data warehouse AnalyticDB to handle both online interactive analytics and offline batch processing in one system, giving organisations AI-powered dominance in dealing with complicated workloads at lower costs and with increased reliability and efficiency.

In addition, Alibaba Cloud has also upgraded its Ganos, a cloud-native spatio-temporal database engine that could analyse and translate 3D and 4D spatial data to build digital twins mirroring the physical world. The engine is upgraded to address the growing analytic requirement of multidimensional data, especially in the field of construction, transportation, urban planning, natural landscape surveying and mapping.

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