APAC 2018 Malaysian Business Awards

11 APAC / 2018Malaysian Business Awards Alibaba Cloud Continues to Invest in Malaysia Launches Second Availability Zone and the First CloudBasedAnti-DDoSScrubbingCenter. MAL18004 accumulate returns, as their stocks seem to be trading now at outright cheap valuations. Certainly, I find in my conversations with my investment team colleagues that they see real value and opportunities in some good-quality businesses. We don’t focus our attention trying to guess where the bottom of the market is. Rather, we continue to focus on the businesses that we believe will survive through the bad times and prosper in the good, and we take our opportunities where we find them. Alibaba Cloud, the cloud computing arm of Alibaba Group, has announced the launch of their second availability zone (“Availability Zone B”) in Malaysia to expand its cloud footprint and bolster its cloud capacity, serving increasing customer demand locally and in the region. The new zone complements Availability Zone A which was launched last year in heightening cloud security and ensuring business continuity through resilient cloud infrastructure. Alibaba Cloud will also continue to invest in Malaysia by setting up the first cloud based Anti- DDoS Scrubbing Center in August. The center will mitigate risks and offer customers the highest level of protection against stronger DDoS attacks. The new center will feature a variety of security functions including Anti-DDoS Pro, a service that defends against all types of DDoS attacks. “I welcome Alibaba Cloud’s effort to further support and enhance Malaysia’s digital economy. The world moves ever closer towards e-commerce and we see a considerable surge in demand by local industries to participate in this new economy on a global platform. Malaysia is now pushing ahead with efforts to strengthen its infrastructure with a view towards making access to the Internet a basic human right and categorising facilities which enhance access to broadband as a public utility. The success of our trade on a global platform with assistance of companies like Alibaba Cloud depends on an efficient Internet environment. The advanced technology afforded by Alibaba Cloud opens new opportunities, which I believe will quite substantially benefit Malaysia in its efforts to raise competition and efficiency in this new industry,” said Gobind Singh Deo, Malaysia’s Minister of Communications and Multimedia. In addition to ensuring high availability and resiliency, Availability Zone B offers payment hardware security modules (HSM), elastic computing, database, networking and monitoring services. It is also certified for SAP hosting, the German-based global market leader in enterprise application software. “Alibaba Cloud is committed to bringing elastic, scalable and secure cloud products and services to our Malaysian customers. The launch of our Availability Zone B and Anti- DDoS Scrubbing Center will enable us to offer even greater security and choice for our customers. At the same time, the launch will facilitate knowledge sharing with local enterprises and talents on how to use Alibaba Cloud technology to achieve a highly secure and resilient cloud infrastructure,” said Kenny Tan, Malaysia General Manager at Alibaba Cloud. These new developments in Malaysia come on the back of a number of initiatives by Alibaba Cloud. Earlier this year, the company announced the collaboration with Malaysia Digital Economy Corporation (MDEC) in the Malaysia City Brain Initiative to create a smart city powered by AI and big data.