Alibaba Cloud

MongoDB, Inc. Announces First Quarter Fiscal 2024 Financial Results

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Thursday, June 1, 2023

Cloud, Partnership, MongoDB Inc., Atlas, Alibaba Cloud, GAAP, Ratio, Investment, Growth, MongoDB, City, Temenos, AI, Cryptocurrency, Bank, Ali Baba

"MongoDB began fiscal 2024 with strong first quarter results, highlighted by 40% Atlas revenue growth and the most net new customer additions in over two years.

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"MongoDB began fiscal 2024 with strong first quarter results, highlighted by 40% Atlas revenue growth and the most net new customer additions in over two years.
Revenue: Total revenue was $368.3 million for the first quarter of fiscal 2024, an increase of 29% year-over-year.
Gross Profit: Gross profit was $270.8 million for the first quarter of fiscal 2024, representing a 74% gross margin compared to 73% in the year-ago period.
Based on information available to management as of today, June 1, 2023, MongoDB is issuing the following financial guidance for the second quarter and full year fiscal 2024.

Worldwide Data Center Construction Market Report 2023 - Sector to Reach $73.43 Billion by 2028 at a 6.4% CAGR

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Wednesday, May 31, 2023

DUBLIN, May 31, 2023 /PRNewswire/ -- The "Worldwide Data Center Construction Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.

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DUBLIN, May 31, 2023 /PRNewswire/ -- The "Worldwide Data Center Construction Market - Investment Prospects in 9 Regions and 51 Countries" report has been added to ResearchAndMarkets.com's offering.
The global data center construction market is expected to grow at a CAGR of 6.50% from 2022 to 2028.
In 2022, the global data center construction market witnessed investments of over USD 50 billion owing to investments from colocation operators, such as Equinix, Digital Realty, Vantage Data Centers, STACK Infrastructure, Iron Mountain, QTS Realty Trust, NTT Global Data Centers, DataBank, and ST Telemedia Global Data Centres.
In 2022, the data center construction market witnessed supply chain-related challenges to support infrastructure providers.

MongoDB and Alibaba Cloud Extend Global Partnership

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Thursday, May 25, 2023

Cloud, Database, Partnership, MongoDB Inc., Design Worldwide Partnership, Alibaba Cloud, Intelligence, Alibaba Group, Digital technology, Growth, MongoDB, NYSE, Online shopping, Yuan Xindong

NEW YORK, May 25, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group (NYSE: BABA), today announced a four-year extension to their strategic global partnership that has seen significant growth since being announced in 2019. MongoDB provides the world's most popular non-relational database, and through this partnership, customers can easily adopt and consume MongoDB-as-a-service—ApsaraDB for MongoDB—from Alibaba Cloud's data centers globally. Customers can use ApsaraDB for MongoDB to quickly and easily build modern applications at enterprise scale. The two companies are now collaborating to further integrate MongoDB and Alibaba Cloud services to serve even more customers across industries such as gaming, automotive, and content development globally.

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NEW YORK, May 25, 2023 /PRNewswire/ -- MongoDB, Inc. (NASDAQ: MDB) and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group (NYSE: BABA), today announced a four-year extension to their strategic global partnership that has seen significant growth since being announced in 2019.
MongoDB provides the world's most popular non-relational database, and through this partnership, customers can easily adopt and consume MongoDB-as-a-service—ApsaraDB for MongoDB—from Alibaba Cloud's data centers globally.
"MongoDB's partnership with Alibaba Cloud is valuable for our customers for several reasons," said Alan Chhabra, Executive Vice President for Worldwide Partnerships at MongoDB.
Alibaba Cloud works closely with MongoDB's technical teams to rapidly develop and launch cloud services for its customers.

Security Outweighs Availability and Cost as the Top Determinant for Cloud Vendor Selection

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Wednesday, May 24, 2023

Cloud, Telecommunications, Public sector, Financial services, Confidence, Research, Risk management, Alibaba Cloud, Intelligence, Security, Organization, Alibaba Group, Digital technology, Role, Online shopping, Video game, Retail

"The Next-Generation Cloud Strategy in Asia" survey obtained responses from 1,000 organizations across eight markets in Asia that are currently using cloud.

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"The Next-Generation Cloud Strategy in Asia" survey obtained responses from 1,000 organizations across eight markets in Asia that are currently using cloud.
Respondents listed security as the top reason for choosing their current strategy (private cloud: 74%; hybrid cloud: 70%; public cloud: 58%).
In choosing their cloud vendors, more than two-thirds (69%) of all respondents stated that security is the most important consideration, outweighing other factors such as availability (58%) and cost (55%).
Beyond security, insufficient training for employees (private cloud: 42%; public cloud: 37%) and lack of budget (private cloud: 36%; public cloud: 36%) are the other major barriers businesses experience when implementing an effective cloud strategy.

CertiK Partners with Alibaba Cloud to Bring Blockchain Security to the Cloud

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Monday, May 15, 2023

Cloud, Blockchain, Partnership, Alibaba Cloud, Intelligence, CertiK, Skynet, Cloud computing, Alibaba Group, Digital technology, Computer, As a service, Growth, Ecosystem, Cryptocurrency, Online shopping

New York, May 15, 2023 (GLOBE NEWSWIRE) -- CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects.

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New York, May 15, 2023 (GLOBE NEWSWIRE) -- CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects.
Alibaba Cloud has gone live with CertiK's smart contract auditing service and Layer 1 blockchain auditing service fully integrated.
“We’re excited to bring our years of blockchain security experience to Alibaba Cloud’s platform,” said CertiK co-founder, Prof. Ronghui Gu.
Beyond the integration of the Security Suite, CertiK and Alibaba Cloud will support the continued growth of the Web3 world through the joint organization of hackathons, developer education sessions, and application development programs.

CertiK Partners with Alibaba Cloud to Bring Blockchain Security to the Cloud

Retrieved on:

Monday, May 15, 2023

New York, May 15, 2023 (GLOBE NEWSWIRE) -- CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects.

Key Points:

New York, May 15, 2023 (GLOBE NEWSWIRE) -- CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects.
Alibaba Cloud has gone live with CertiK's smart contract auditing service and Layer 1 blockchain auditing service fully integrated.
“We’re excited to bring our years of blockchain security experience to Alibaba Cloud’s platform,” said CertiK co-founder, Prof. Ronghui Gu.
Beyond the integration of the Security Suite, CertiK and Alibaba Cloud will support the continued growth of the Web3 world through the joint organization of hackathons, developer education sessions, and application development programs.

CertiK Partners with Alibaba Cloud to Bring Blockchain Security to the Cloud

Retrieved on:

Monday, May 15, 2023

New York, May 15, 2023 (GLOBE NEWSWIRE) -- CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects.

Key Points:

New York, May 15, 2023 (GLOBE NEWSWIRE) -- CertiK, the New York-based blockchain security company, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, announced the signing of a partnership to provide blockchain security services to cloud-based Web3 projects.
Alibaba Cloud has gone live with CertiK's smart contract auditing service and Layer 1 blockchain auditing service fully integrated.
“We’re excited to bring our years of blockchain security experience to Alibaba Cloud’s platform,” said CertiK co-founder, Prof. Ronghui Gu.
Beyond the integration of the Security Suite, CertiK and Alibaba Cloud will support the continued growth of the Web3 world through the joint organization of hackathons, developer education sessions, and application development programs.

Alibaba Cloud Unveils Plans to Strengthen Global Partnership Ecosystem

Retrieved on:

Monday, May 15, 2023

SINGAPORE, May 15, 2023 /PRNewswire/ -- Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, is set to further empower its ecosystem partners through a series of new initiatives, including the launch of an Independent Software Vendor (ISV) Acceleration Program, a training empowerment program for partners, as well as new incentives to reward partner excellency.

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Alibaba Cloud also pledges to enhance technical support for global ISV partners, offering comprehensive technical enablement resources to help them build, publish and operate their solutions on the cloud platform.
At the same summit, the APAC cloud leader also announced the launch of a new training empowerment portal for global partners.
This is part of the USD1 billion investment that Alibaba Cloud announced in 2022 in order to support its global partners' technology innovation and their market expansion.
"Our new initiatives showcase our unwavering commitment to helping our global partners thrive and innovate on Alibaba Cloud," said Selina Yuan, President of International Business, Alibaba Cloud Intelligence.

Hong Kong Data Center Market Opportunities Report 2023-2028: Kwai Chung, Tsuen Wan, Tseung Kwan O, Fo Tan, Chai Wan, Tai Po will Witness Investments - ResearchAndMarkets.com

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Friday, May 12, 2023

The "Hong Kong Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Hong Kong Data Center Market - Investment Analysis & Growth Opportunities 2023-2028" report has been added to ResearchAndMarkets.com's offering.
Hong Kong data center market will reach a value of $4.18 billion by 2028 from $3.72 billion in 2022, with investments growing at a CAGR of 1.97%
This report analyses the Hong Kong data center market share.
The major locations for data center developments in the market include Kwai Chung, Tsuen Wan, Tseung Kwan O, Fo Tan, Chai Wan, Tai Po, and others.
Hong Kong market investments are classified into IT, power, cooling, and general construction services with sizing and forecast.

Retail Cloud Market worth $114.9 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on:

Thursday, May 11, 2023

Retail cloud services refer to the services that cloud infrastructure providers offer to retailers to help them manage their cloud-based solutions.

Key Points:

Retail cloud services refer to the services that cloud infrastructure providers offer to retailers to help them manage their cloud-based solutions.
The adoption of retail cloud solutions allows large enterprises to streamline their operations, reduce costs, and enhance customer experience.
The Asia Pacific region is the fastest growing region in the global Retail Cloud Market.
To define, describe, and forecast the global Retail Cloud Market based on component (solutions and services), service model (SaaS, PaaS, IaaS), deployment model (public cloud, private cloud, hybrid cloud), organization size, and region.