KUALA LUMPUR (April 30): Alibaba Cloud, the only global cloud provider that operates local data centers in Malaysia, has the third biggest market share in the global Infrastructure as a Service (IaaS) market and the  biggest in the Asia Pacific region for the third year in row in 2019, said global research and advisory firm Gartner in its latest report.

In a statement April 28, Alibaba Cloud said Alibaba’s market share in the global IaaS market climbed to 9.1% in 2019, up from 7.7% the year earlier, said the firm.

The Gartner report, named Market Share: IT Services, 2019 , also showed that in the Asia Pacific region, Alibaba’s market share increased to 28.2% last year, from 26.1% in 2018.

Alibaba Cloud president Jeff Zhang said its strong growth and market position was testament of the hard work of its teams.

"We look forward to continuing our work, which enables our global customers and partners to expedite their digital transformation journeys through our scalable, robust and secure infrastructure, advanced analytics capabilities and thriving ecosystem."

"To us, the report once again demonstrated Alibaba Cloud's commitment to our global strategy to expand on our worldwide presence by enhancing our global infrastructure and network. " said Zhang.

Alibaba Cloud currently has 63 availability zones in 21 regions, serving millions of customers across the globe.

It has more than 70 security and compliance accreditations worldwide.

Alibaba Cloud said it is committed to offering enhanced cloud services to more clients across the globe.

The firm last week said that it will invest an additional RMB200 billion (approximately US$28 billion) in the next three years on its cloud infrastructure, focusing on technologies including operating system, servers, chips and network.

Alibaba Cloud is the technology and public cloud platform underpinning Alibaba’s rich and diverse ecosystem, which ranges from e-commerce and payment, to logistics and supply chain management solutions.

It supported US$38.4 billion in transactions on a single day during Alibaba’s 11.11 Global Shopping Festival last year.

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