Alibaba Cloud, the digital technology backbone of Alibaba Group, was named a Visionary in 2021 Gartner Magic Quadrant for Cloud Infrastructure and Platform Services.
According to Gartner, the scope of the Magic Quadrant for Cloud Infrastructure and Platform Services (Magic Quadrant for CIPS) includes Infrastructure as a Service (IaaS) and integrated Platform as a Service (PaaS) offerings.
The evaluation criteria cover a vendor's ability to execute and the completeness of its vision. And under those criteria, the report analysed the product or service, market responsiveness, business model, and the provider's innovation, among other metrics. Gartner says visionaries have an ambitious vision of the future and make significant investments in developing unique technologies.
"Being named a visionary in this year's Magic Quadrant for CIPS is an important achievement and acknowledges our strengths," says Alibaba Cloud Intelligence senior researcher and general manager of infrastructure products, Jiangwei Jiang.
"We intend to build on this momentum and look for new ways to reinforce our regional leadership, bolster our financial position and refine our corporate vision. This result is a great encouragement, and we look forward to further improving our cloud capabilities and continuing to meet the needs of our customers around the world."
Alibaba Cloud believes it's well-positioned to be the preferred provider in emerging cloud markets due to its knowledge of local markets and ability to act as a bridge to digital commerce. This is reinforced by strong data analytics capabilities, which the company says makes the digital transformation process accessible for enterprises of all kinds.
Earlier in 2021, Alibaba Group was ranked third in the global Infrastructure as a Service market and first in the Asia Pacific region for the third consecutive year in Gartner Market Share: IT Services, Worldwide 2020 report. In November 2020, Alibaba Cloud was named a leader in the 2020 Gartner Magic Quadrant for Cloud Database Management Systems.
About Alibaba Cloud
Established in 2009, Alibaba Cloud is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualisation services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services.
Alibaba Cloud is China's leading provider of public cloud services by revenue in 2019, including PaaS and IaaS services, according to IDC. Alibaba Group is the world's third leading and Asia Pacific's leading IaaS provider by revenue in 2020 in U.S. dollars, according to Gartner's April 2021 report.