SK C&C announced on April 27 that it signed a cloud computing business partnership with Alibaba Cloud on the previous day. Alibaba Cloud is the largest cloud computing service provider in China, running large data centers in China and Hong Kong.
According to their business partnership agreement, SK C&C is to set up a cloud computing portal linked to the cloud computing services of Alibaba Cloud and design and operate different cloud computing services via the portal.
Specifically, SK C&C is to provide around-the-clock monitoring and troubleshooting, infrastructure resource allocation management and the like for Alibaba Cloud with regard to its customer networks, systems, etc. In addition, it is going to enable Chinese companies using Alibaba Cloud in China to use its cloud computing services in South Korea by linking the two companies’ services to each other.
At present, the Chinese cloud computing market is growing at a very rapid pace, more than 20% a year on average. However, the global cloud computing and IT markets are being led by U.S. companies. Alibaba Cloud’s partnership with SK C&C is to deal with this challenge.
It is in this context that Inspur Group senior vice president Wang Endong visited South Korea on March 25. “China and South Korea would be well advised to work with each other so that they can take the lead in the global cloud computing market with an average annual growth of 22% and a market size of US$120 billion,” he said at that time, adding, “I believe that the two countries will be able to create synergy when their strengths, that is, manufacturing and IT, are combined well with each other.”