Under the partnership, Fusionex will deploy its big data solutions on AC’s infrastructure
By KEVIN WONG / Pic By HUSSEIN SHAHARUDDIN
Alibaba Cloud (AC), the cloud computing arm of Alibaba Group Holding Ltd, has partnered Fusionex to provide industry-leading end-to-end cloud solutions for the Asean region.
Under the partnership, Fusionex will deploy its big data solutions on AC’s infrastructure, making Asia’s tech giant a key cloud computing provider for the Asean market.
Fusionex and AC will work together to provide clients solutions for digital transformation.
Fusionex, a Malaysian software firm that is listed on the London stock exchange with a market capitalisation of £30 million (RM171 million), specialises in big data, analytics and Internet of Things.
Fusionex CEO Datuk Seri Ivan Teh said the sophisticated cloud services provided by AC and data technology offered by Fusionex would complement both companies.
“Through this strategic partnership, it will create synergy in servicing our customers more swiftly and effectively, as well as providing them the opportunity to scale at a much faster rate.
“We will also be leveraging on our technology as well as AC, where we will then be able to provide our customers with options on a bigger scale and at a much faster speed,” he said.
Fusionex intends to provide advanced big data solutions for sectors such as financial services, trade facilitation, e-commerce, retail, aviation, travel, hospitality and manufacturing.
He added that the partnership would see both companies expand the multitude of customers including enterprises.
“Be it large enterprises, multinational companies, government agencies and even small and medium enterprises (SMEs), which is especially a key market for us, we want to reach out to and provide holistic and inclusive solutions for our clients.
“We are very much focused to help our customers grow and to help them to leverage on what AC and Fusionex have to offer,” he said.
They said many SMEs realised they would see an erosion of their market share if they continued with the brick-and-mortar approach.
“Many SMEs are losing their market shares where they do not even know what had hit them. However, it is not just the SMEs but bigger enterprises such as Walmart, and recently Toys ‘R’ Us are struggling because their competitors have leveraged on technology and growing at a much faster space. And if they are not growing, they are shrinking.
AC Asean and ANZ GM Raymond Ma said as businesses enter the new era of digital transformation, businesses across Asean would require new levels of support to tap into the emerging opportunities.