Economy
Alibaba Cloud Revamps Global Partnership Ecosystem to Fuel AI-driven Growth
New AI-focused initiatives with an enhanced incentive program, an AI partner accelerator program and revitalized service partner strategy to support global partners and customers
BALI, INDONESIA – Media OutReach Newswire – 3 December 2024 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group today announced the launch of its revamped AI-focused partner ecosystem plan, known as “Alibaba Cloud Partner Rainforest Plan” during the Alibaba Cloud Partner Summit 2024 through a series of new initiatives including an AI partner accelerator program, an enhanced incentive program and a revitalized global strategy for service partners. The initiatives aim to foster the growth of global partners and accelerate the development and deployment of cutting-edge artificial intelligence and cloud computing solutions for businesses across various industries worldwide.
“At Alibaba Cloud, we believe that collaboration is the key to unlocking innovation and driving growth. Our global partners are not just participants, they are the architects of a new digital landscape in the AI era.” Selina Yuan, President of International Business, Alibaba Cloud Intelligence said during the summit, “Today, with our revamped global partner ecosystem, we are committed to supporting our global partners to jointly reap the benefits of AI era and meet the diverse business demand of global customers.”
New AI-focused Partner Ecosystem initiatives
To meet the surging demand for AI technologies from the global customers, Alibaba Cloud debuted AI Alliance Accelerator Program to build a dedicated AI partner ecosystem through collaboration with 50 AI technology partners and 50 channel partners in 2025.
This program offers selected AI technology partners enhanced technical support focused on AI, expanded distribution channels, collaborative go-to-market resources, and dedicated AI consulting services. Meanwhile, chosen channel partners will benefit from increased financial incentives and market development funds for their AI-related initiatives. By leveraging Alibaba Cloud’s AI capabilities and its global technology ecosystem, the initiative aims to enhance partner enablement and accelerate diverse partners’ digital transformation journey. It also seeks to empower global partners to capitalize on the opportunities presented by the AI era, reaching a broader customer base through Alibaba Cloud’s extensive distribution network of channel partners
Alibaba Cloud has also unveiled an enhanced global system for its service partners, introducing the Revitalized Service Partner Program. This initiative focuses on cultivating new service partners by upskilling channel partner and technology partners with targeted training and empowerment, equipping them with necessary capabilities of consulting, implementation and managed services to diversify their revenue stream and deliver a comprehensive service to the customer. It also seeks to empower existing service partners by expanding their offering to include both product reselling and service delivery. Additionally, leveraging Alibaba Cloud’s Generative AI capabilities, the company has collaborated with service partners to jointly develop the Managed Large Language Model Service and other AI-focused services to foster an AI partner ecosystem and address the diverse digital transformation needs of global customers.
Meanwhile, Alibaba Cloud pledged to extend new strategic partnerships with 18 service partners including Whale Cloud, Bespin Global, Cognizant Worldwide, Deloitte, Accenture and FPT out of the existing 50 global standard service partners via enhanced resource sharing and capability complement, aiming to build a comprehensive service system that meets diverse needs of global customers.
In addition, the company also released its Synergistic Incentive Program designed to strengthen the collaboration between its global technology partners and channel partners, fostering a vibrant and dynamic ecosystem. The program introduces an expanded go-to-market pathway, enabling technology partners to boost revenue by leveraging Alibaba Cloud’s extensive channel network while channel partners gain access to a broader product portfolio, increasing sales opportunities and enhancing profit margins. This initiative drives mutual growth and reinforces Alibaba Cloud’s commitment to empowering its partners and nurturing a robust global ecosystem.
Enhanced Collaborations with Global and Regional Partners
In order to support global customers to reap the benefit of digitalization in the AI era. Alibaba Cloud has also announced enhanced collaboration with innovative technology and channel partners, both globally and regionally, to provide cutting-edge cloud computing and AI products and solutions, fostering a thriving and sustainable ecosystem.
In Indonesia Alibaba Cloud has reached a strategic partnership with Telkom Indonesia to provide innovative and effective AI-supported cloud solutions for the Indonesian community. Additionally, this collaboration aims to develop the digital talent increasingly needed in Indonesia to realize the vision of Indonesia Emas 2045.
In Japan: Alibaba Cloud has partnered with Securai, a Japanese company that provides cloud services and information security solutions, to meet the booming digital transformation requests by Japanese businesses. In particular, Securai will localize Alibaba Cloud’s Zstack service for the Japanese market and provide operational support for the stable continuation of the service. Alibaba Cloud’s Zstack is an enterprise-grade cloud platform designed specifically for enterprise customers based on the Apsara distributed operating system for enhanced self-ownership, security compliance, and autonomous O&M.
In Thailand: Alibaba Cloud signed a MoU with Yell Group, a leading creative digital company based in Thailand. This collaboration aims to address the growing demand for Generative AI and to empower the creative media industry with scalable and reliable cloud-based solutions. Leveraging cutting-edge Generative AI, the company develops applications to support creators in their visual endeavors. To promote industry-wide adoption of AI-driven solutions, Yell Group will utilize Alibaba Cloud’s robust cloud computing capabilities to enhance scalability in the creative sector. Additionally, the partnership will introduce Alibaba Cloud’s media solutions, such as Elastic Desktop Service (EDS) and Object Storage Service (OSS), to foster innovation and growth in this dynamic field.
Alibaba Cloud currently works with about 12,000 partners worldwide, including Salesforce, Fortinet, IBM and Neo4j.
Hashtag: #alibaba
The issuer is solely responsible for the content of this announcement.
About Alibaba Cloud
Established in 2009, Alibaba Cloud (www.alibabacloud.com) 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.
By Dipo Olowookere
The local stock exchange recorded a marginal 0.06 per cent surge on Tuesday as the bulls and the bears engaged in a fierce battle for control of the bourse.
Business Post reports that the Nigerian Exchange (NGX) Limited experienced a mix of profit-taking and bargain-hunting, with two of the five key sectors ending in green.
According to data from Customs Street, the banking counter lost 1.30 per cent, the consumer goods sector decreased by 0.39 per cent, and the energy index tumbled by 0.09 per cent.
However, the industrial goods and the insurance indices appreciated by 1.64 per cent and 0.19 per cent, respectively, as a result of buying pressure.
Consequently, the All-Share Index (ASI) went up by 135.97 points to 218,249.81 points from 218,113.84 points, and the market capitalisation soared by N87 billion to N140.523 trillion from N140.436 trillion.
The market breadth index for the session was negative, like the preceding session, with 26 price gainers and 45 price losers, showing bearish investor sentiment.
Again, NASCON led the advancers’ group after it chalked up another 10.00 per cent to close at N171.60. Union Dicon increased by 9.92 per cent to N19.95, Lafarge Africa gained 9.64 per cent to trade at N273.00, Trans-Nationwide Express appreciated by 8.27 per cent to N7.20, and UAC Nigeria rose by 7.84 per cent to N110.00.
On the other side, Legend Internet depreciated by 9.92 per cent to N5.63, Abbey Mortgage Bank shed 9.59 per cent to quote at N6.60, Stanbic IBTC weakened by 8.96 per cent to N154.50, Access Holdings dropped 8.83 per cent to close at N29.95, and Veritas Kapital crashed by 7.50 per cent to N1.85.
On top of the activity chart yesterday was Access Holdings with 110.7 million shares sold for N3.6 billion, FCMB transacted 57.7 million equities valued at N751.5 million, Fidelity Bank exchanged 44.8 million stocks worth N1.0 billion, Zenith Bank traded 44.2 million equities for N5.5 billion, and UBA transacted 43.6 million shares valued at N2.2 billion.
At the close of trades, 842.5 million stocks worth N44.9 billion exchanged hands in 61,617 deals versus the 984.0 million stocks valued at N50.8 billion executed in 76,410 deals on Monday, indicating a shortfall in the trading volume, value, and number of deals by 14.38 per cent, 11.61 per cent, and 19.36 per cent, respectively.
By Adedapo Adesanya
The Nigeria Customs Service (NCS), Ibeto Seaport and Terminals Command, Port Harcourt, and the Nigeria Police Force have renewed their commitment to joint security operations at the nation’s maritime corridors, following a strategic meeting between top officials of both agencies.
According to a statement, the renewed partnership came as the Commissioner of Police, Eastern Port Police Command, CP Shuaibu Audu, paid a working visit to the Customs Area Controller, Comptroller Usman Yahaya, at the Command headquarters on April 17, 2026.
The engagement, according to a statement by the Command’s Public Relations Officer, Chief Superintendent of Customs Tangwa Emmanuel, was aimed at strengthening inter-agency cooperation and boosting operational efficiency within the port environment.
Speaking during the visit, Comptroller Yahaya described the engagement as significant, stressing that sustained collaboration among security agencies remains critical to safeguarding national assets and ensuring seamless port operations.
This visit is timely and highly appreciated. It reflects the importance of sustained cooperation among agencies entrusted with the security of our nation and the protection of critical economic assets,” he said.
He assured the police boss of Customs’ readiness to maintain strong working relations with the Eastern Port Police Command.
“We are fully committed to working with the new Commissioner of Police and giving all necessary support towards the successful discharge of his responsibilities,” Mr Yahaya added.
The Customs Area Controller noted that the synergy between both agencies has continued to play a vital role in maintaining order, facilitating legitimate trade and curbing criminal activities within the port system.
This was contained in a statement shared via the Customs official X handle.
Customs and the Police share common responsibilities in safeguarding the port environment. Synergy remains the cornerstone for achieving our collective mandate,” he stated.
He also briefed the visiting Commissioner on the operational relevance of the Ibeto Seaport and Terminals Command, reiterating the Command’s commitment to strengthening maritime security.
On his part, CP Audu said the visit was part of efforts to consolidate existing ties between the Nigeria Police Force and the Nigeria Customs Service.
“My presence here today is to reinforce the cordial relationship between the Nigeria Police Force and the Nigeria Customs Service. No organisation can function effectively in isolation,” he said.
He emphasised the importance of sustained collaboration among security agencies, particularly in securing the nation’s ports, which he described as vital to economic stability.
Synergy among security agencies is essential to addressing emerging threats. Our ports are strategic national assets, and we must work together to keep them secure,” Mr Audu stated.
The police commissioner also sought continued support from Customs officers in advancing shared security objectives.
By Modupe Gbadeyanka
Mr Taiwo Oyedele has become the new Minister of Finance and Coordinating Minister for the Economy after the exit of Mr Wale Edun.
This announcement was made on Tuesday by the Office of the Secretary to the Government of the Federation via a statement signed by Mr Yomi Odunuga, the Special Adviser of Media and Publicity to the Secretary to the Government of the Federation, Mr George Akume.
It was disclosed that President Bola Tinubu approved the removal of Mr Edun as Finance Minister as well his counterpart in the Housing and Urban Development Ministry, Mr Ahmed Musa Dangiwa.
According to Mr Akume, “These changes are aimed at strengthening cohesion, synergy in governance as well as achieving more impactful delivery on the economy to Nigerians, through the Renewed Hope Agenda.”
In approving the cabinet reshuffle, the President has fully exercised his powers as conferred on him by Sections 147 and 148 of the Constitution of the Federal Republic of Nigeria (1999, as amended), he added.
Before this minor cabinet reshuffle in the membership of the Federal Executive Council (FEC), Mr Oyedele the Minister of State for Finance.
Mr Muttaqha Rabe Darma has now been named as the ministerial nominee and minister designate for the Housing and Urban Development Ministry.
Mr Tinubu thanked the outgoing ministers for their services to the nation while wishing them the best in all their future endeavours, reminding others that “the process of reinvigoration shall be continuous.”
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn