Alibaba is gunning to replace Amazon atop the global cloud rankings.
The head of Alibaba’s cloud computing arm says his business is now on track to replace Amazon Web Services as the world’s top cloud provider — eventually.
“We have taken on Amazon on all fronts as our benchmark over past three years. Some of our products have already exceeded theirs,” Simon Hu, president of Alibaba Cloud, told the South China Morning Post.
Hu, who has vowed Alibaba will surpass Amazon by 2019, added: “While market expansion needs to be step by step, the technical capabilities of Alibaba Cloud are as good as Amazon’s AWS.”
Hu made the comments to the South China Morning Post, which is owned by Alibaba, this week at the company’s annual cloud computing conference.
The Chinese tech giant has charted an aggressive path since jumping into the cloud industry in 2009, three years after Amazon started offering cloud storage and computing to customers.
Most recently, the company has ramped up global expansion of its cloud business, and Hu said Alibaba there will be more growth in in the Asian-Pacific markets in the near future. Hu also said that Alibaba will increase its investment in European markets with a new data center in Germany.
Analysts expect competitors like Alibaba and Microsoft to cut into Amazon’s massive market share lead in the Infrastructure-as-a-Service cloud sector.
And Alibaba is among the cloud providers whose growth is surging, according to research firm Gartner. The company now has 3 percent of market share, ranking it third— ahead of marquee names like Google, Rackspace and IBM.
Gartner says the strong numbers reflect Alibaba’s position as the “current volume leader and dominant player in the cloud services market in China,” noting that the company has actively expanded its international footprint and launched four new data centers in 2016.