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Mid East Info
5 days ago
- Business
- Mid East Info
Alibaba Cloud Named a Leader in Serverless Development Platforms Report - Middle East Business News and Information
Demonstrates strategic strength in serverless development through sustained innovation Hangzhou, China, August, 2025 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, has been named a Leader in The Forrester Wave™: Serverless Development Platforms, Q2 2025 report. The report assessed 11 vendors over six months, evaluating them across 21 criteria, including developer experience, partner ecosystem, API and event-driven integration, AI application development, and vision. Alibaba Cloud, with its Function Compute and Serverless App Engine product capabilities, achieved the highest score possible (5 points) in 9 out of 21 criteria including initialization and deployment, workload flexibility, observability, AI application development, innovation, among others. Jiangwei Jiang, Vice President, General Manager of Infrastructure Products, Alibaba Cloud, said: 'For us, this recognition from Forrester reflects Alibaba Cloud's continued focus on advancing serverless development. The development of AI applications remains a priority in our serverless solutions, as we strive to combine innovative cloud technologies with reliable customer support—helping businesses of all sizes adopt the latest advancements for their growth.' The report stated that Alibaba Cloud's platforms, including Function Compute and Serverless App Engine, deliver scalable event-driven computing with strong integration across the Alibaba ecosystem. As a market front-runner in China and the broader APAC region, Alibaba Cloud combines localized innovation with broad enterprise adoption. According to the report, Alibaba Cloud demonstrates strategic strength in serverless development through sustained innovation, including a commitment to open source and reinforcement of ecosystem growth. In terms of capabilities, Alibaba Cloud offers one of the most comprehensive serverless platforms in the market, with strong capabilities across initialization, deployment, and runtime flexibility. AI application development was a key focus area, with native support for model deployment and event-driven inference workflows. Constant Innovation in Serverless Solutions: Launched in 2017, Alibaba Cloud's Function Compute is a fully managed, event-driven compute service which alleviates users from managing their own infrastructure. Its secure and stable, pay-as-you-go platform is designed to simplify the computing experience to enable faster development and iteration of business logic and core code. Function Compute powers Alibaba Cloud's generative AI development platform Model Studio and open-source ModelScope Community with model inference and training support, as well as elastic invocation capabilities for Agent and MCP services. Alibaba Cloud Serverless App Engine (SAE) is the industry's first application-oriented serverless PaaS, providing a cost-effective and highly efficient one-stop application hosting solution. This Kubernetes-based cloud product combines the serverless architecture & the microservice model, allowing users to deploy an online application in any programming language to SAE within seconds by using source code, a code package, or a Docker image. Alibaba Cloud serverless solutions has supported over 10,000 enterprises worldwide across sectors including e-commerce, manufacturing, education, media and entertainment, internet, gaming, among others. 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 virtualization services, large-scale computing, security, big data analytics, machine learning and artificial intelligence (AI) services. Alibaba has been named the leading IaaS provider in Asia Pacific by revenue in U.S. dollars since 2018, according to Gartner. It has also maintained its position as one of the world's leading public cloud IaaS service providers since 2018, according to IDC.
Techday NZ
5 days ago
- Business
- Techday NZ
Alibaba Cloud named leader in Forrester Wave serverless report
Alibaba Cloud has been recognised as a Leader in The Forrester Wave: Serverless Development Platforms, Q2 2025 report, following a six-month evaluation of 11 vendors across multiple criteria. The report, published by Forrester, assessed serverless development platforms on 21 criteria, such as developer experience, partner ecosystem, API and event-driven integration, AI application development, and overall vision. Alibaba Cloud achieved the highest score possible in nine areas, including initialisation and deployment, workload flexibility, observability, AI application development, and innovation. Serverless focus Alibaba Cloud's serverless platform incorporates its Function Compute and Serverless App Engine products. According to the report, these platforms deliver scalable, event-driven computing and offer integration throughout the Alibaba ecosystem. The report highlighted Alibaba Cloud's position as a market front-runner across China and the broader Asia-Pacific region, combining localised innovation with wide scale enterprise adoption. Alibaba Cloud's approach to serverless development has been marked by support for diverse workloads, flexibility, and a focus on enabling businesses in a range of sectors, including eCommerce, manufacturing, education, media and entertainment, gaming, and the internet. The company has confirmed that its serverless offerings have supported more than 10,000 enterprises worldwide. Jiangwei Jiang, Vice President, General Manager of Infrastructure Products at Alibaba Cloud, said: "For us, this recognition from Forrester reflects Alibaba Cloud's continued focus on advancing serverless development. The development of AI applications remains a priority in our serverless solutions, as we strive to combine innovative cloud technologies with reliable customer support - helping businesses of all sizes adopt the latest advancements for their growth." The Forrester report noted Alibaba Cloud's "strategic strength in serverless development through sustained innovation, including a commitment to open source and reinforcement of ecosystem growth." The report further found the company's serverless platform to be one of the most comprehensive on the market, and highlighted its capabilities in initialisation, deployment, and runtime flexibility. Particular emphasis was placed on Alibaba Cloud's support for AI application development, with native features for model deployment and event-driven inference workflows. Product development Alibaba Cloud launched Function Compute in 2017 as a managed, event-driven compute service designed to allow users to focus on developing business logic without the need to manage underlying infrastructure. The service operates on a pay-as-you-go basis, with the stated intention of enabling rapid development and iteration. The Function Compute service underpins Alibaba Cloud's generative AI platform, Model Studio, and the open-source ModelScope Community, offering inference and training support along with elastic invocation capabilities for Agent and MCP services. In addition, Serverless App Engine, described by Alibaba Cloud as the industry's first application-oriented serverless platform-as-a-service, provides hosting for applications across multiple programming languages. Built on Kubernetes architecture, it is intended to enable deployment of cloud-native applications quickly, whether from source code, packaged code, or Docker images. Enterprise adoption Alibaba Cloud stated that its serverless offerings have been adopted by organisations in varied industries. These solutions are used by enterprises ranging from eCommerce and media to education and manufacturing, in efforts to manage, scale, and develop digital operations in a cost-effective and efficient manner. The inclusion in the Forrester Wave report and the ratings earned reflect Alibaba Cloud's ongoing efforts to deliver a flexible and feature-complete serverless environment, with a focus on enterprise and developer needs in an evolving cloud services landscape.
Business Insider
26-05-2025
- Business
- Business Insider
Is Alibaba Stock (BABA) a Buy, Hold, or Sell?
Alibaba (BABA) is doubling down on artificial intelligence, aiming to use it to transform online shopping and cloud services. It is using AI across its apps and cloud platform to improve customer experience, make business operations smoother, and stay ahead of the competition. At the recent Alibaba Cloud Go-Global Conference, CEO Eddie Wu said the company is now speeding up efforts to take its AI products overseas. This includes plans to roll out large language models like Qwen and Model Studio in global markets, helping Chinese businesses expand and growing Alibaba's presence worldwide. Confident Investing Starts Here: According to TipRanks AI analyst, BABA stock scored 81 out of 100 with an Outperform rating. Despite some near-term challenges, Wall Street remains optimistic about the stock. Notably, the stock is up 42% year-to-date and about 50% over the past year. Let's take a closer look at what's driving sentiment around BABA stock. BABA Stock's Bullish Case According to TipRanks AI analyst, Alibaba stock's strong score reflects solid financials, decent fourth-quarter earnings, and a fair valuation. A major reason behind this outlook is Alibaba's expanding role in artificial intelligence. The company is using AI in two key areas. It offers the cloud services that support AI development across China and also adds AI features to its own apps like Taobao and Tmall. As demand for AI grows—especially for training and running models—Alibaba is in a good spot to benefit both as a provider and as a user. During the latest earnings call, Alibaba's cloud division was a standout. Revenue rose by 18%, and profit margins came in better than expected, reflecting that the company is managing costs well and could see steady growth as more Chinese businesses turn to cloud-based AI solutions. Furthermore, in its main e-commerce segment, customer management revenue from Taobao and Tmall rose 12%, indicating that recent efforts to improve user experience and monetization are working. It also shows that Alibaba continues to hold strong in China's large and competitive online retail space. Near-Term Pressures Remain Still, there are some short-term challenges. Alibaba's investments in food delivery and logistics have reduced margins, and management expects these costs to stay elevated for now. The Local Services Group (LSG) and Cainiao logistics unit both reported losses that were larger than expected. While these areas are important for fast delivery and fulfillment, they have yet to scale efficiently. Is Alibaba Stock a Good Buy Right Now? Analysts remain highly bullish about Alibaba's stock trajectory. With 13 unanimous Buy ratings, BABA stock commands a Strong Buy consensus rating on TipRanks. Also, the average Alibaba price target of $164.50 implies 36.25% upside potential from current levels.
