Alibaba Group Holding launched a new strategic partnership programme that aims to accelerate the Chinese e-commerce giant’s transformation into an integrated technology provider to companies around the world.
New York-traded Alibaba’s “A100” initiative will offer enterprises of all sizes a one-stop solution to accelerate their digital transformation, which involves implementation of advanced technologies, processes and practices to fundamentally change and improve how traditional businesses operate. Mr Daniel Zhang Yong, chief executive at Alibaba, said the A100 programme, which was named after the e-commerce company’s goal to provide “digitised solutions” to a large number of companies, is powered by the Alibaba Operating System – representing the hi-tech infrastructure behind all its businesses.
Alibaba sees a much bigger world beyond ‘new retail’ brought by the digital economy era in which all companies will need a brand-new way to operate. The new initiative by the company reinforces the rapid evolution of China’s major internet players, who built their fortune from consumer-based platforms, into technology powerhouses focused on serving more corporate customers through technologies like cloud computing and artificial intelligence.