Security Outweighs Availability and Cost as the Top Determinant for Cloud Vendor Selection
Alibaba Group Holding Limited American Depositary Shares each representing eight Ordinary share (BABA)
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Source: PR Newswire
Asia-wide survey shows cloud adopters benefit from improved operational efficiency but need more employee trainingNine in ten businesses say cloud vendors deliver satisfactory services that meet or exceed customers' expectationsHANGZHOU, China, May 24, 2023 /PRNewswire/ -- Security is the top consideration for Asian businesses when choosing their cloud strategy and cloud vendors according to a survey commissioned by Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group."The Next-Generation Cloud Strategy in Asia" survey obtained responses from 1,000 organizations across eight markets in Asia that are currently using cloud. Respondents listed security as the top reason for choosing their current strategy (private cloud: 74%; hybrid cloud: 70%; public cloud: 58%).In choosing their cloud vendors, more than two-thirds (69%) of all respondents stated that security is the most important consideration, outweighing other factors such as availability (58%) and cost (
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- 2/23/24 - Form 20-F/A
- BABA's page on the SEC website