RapidCloud signs strategic partnership with AliCloud

8th Mar 2016 11:01

(ShareCast News) - Cloud computing infrastructure provider RapidCloud has signed a strategic partnership and distributorship with the international business and cloud computing arm of Chinese e-commerce company Alibaba Group.Under the terms of the partnership with Alibaba.com Singapore E-commerce, the AIM-listed company will be able to offer AliCloud's public cloud infrastructure, consulting, managed services, training and support across its offices in South East Asia.RapidCloud will also be making its key products available from AliCloud platform as a total service offering to its customers.RapidCloud said the benefits of having its products on AliCloud platform include better reliability, faster access from various locations, including China and better scalability.At the same time, the group will also be working together with AliCloud and its parent company Alibaba to implement various go to market strategies and cross-selling opportunities.Managing director Raymond Chee said: "The ability to offer our products globally and in China through AliCloud's platform will give us an opportunity to provide our services to a wider audience."We also look forward to various marketing activities that will be undertaken by all relevant parties in the partnership to create success. This partnership is a strong endorsement by a global company and we are confident that it will contribute materially to our growth in the cloud computing business."No financial details of the deal were disclosed.At 1108 GMT, RapidCloud shares were up 27% to 43.68p.