Alibaba cloud to employ 5,000 people after global cloud spending marks high in first quarter
2020-06-12Alibaba Cloud has planned to hire 5,000 people worldwide in its current financial year after global cloud spending hit a record high in the first quarter of 2020 amid increasing demand brought about by the coronavirus pandemic.
The openings will be for technical talent in areas including networks, databases, servers, chips and artificial intelligence.
Jeff Zhang, president of Alibaba Cloud Intelligence, comments, “The digital transformation journey for businesses in China, which was previously expected to take three to five years, is now likely to be accelerated and completed within one year. In light of the fast-growing demand of the digital shift from global clients in all sectors … we are not only building trusted cloud technologies and services, but also investing in worldwide IT talent who are pioneering the development of cutting-edge cloud and data intelligence technologies.”
Global cloud infrastructure services spending grew 34 per cent year on year to a record US$31 billion in the first quarter, driven by organizations around the world moving to remote working amid lockdowns imposed to limit the spread of Covid-19, according to an April report from research firm Canalys.
A surge in demand for online collaboration tools, e-commerce and consumer cloud services drove sharp increases in cloud infrastructure consumption.
According to Canalys, not all sectors grew amid the pandemic, with cloud investment in the worst-affected industries such as hospitality, aviation, construction, tourism and manufacturing seeing slowdowns or delays.
Cloud computing has become one of Alibaba’s fastest-growing sectors beyond its core e-commerce business. Revenue from Alibaba Cloud grew 58 per cent in the March quarter to 12.2 billion yuan and 62 per cent in the 12 months ended March to 40 billion yuan.
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