At the recent Computing Conference 2015 held on October 14 and 15 in China, AliCloud — Alibaba Group's cloud computing arm — announced its collaboration with Hon Hai's Foxconn Technology Group to foster small, medium and micro enterprise (SMME) success.
Under this partnership, SMMEs will receive a headstart in commercialising innovative concepts through the Taofu Chengzhen start-up incubator programme, which is jointly managed by Foxconn and AliCloud.
This programme will see an internet marketing platform for entrepreneurs where AliCloud will contribute cloud computing and big data support via AliCloud, while Foxconn will offer best practices in design, development patents, and supply chain management capabilities. Both AliCloud and Foxconn will also collaborate with Intel, Zhubajie.com and Valley Capital to create a unique infrastructure to drive the innovation and growth of SMMEs.
The incubator program, which has been on trial for six months, has successfully supported more than 280 business projects. A start-up that benefited from this incubator program is Silicon Valley's Moov, a fitness wearable brand with a growing popularity in the US and Europe. Moov combines the use of hardware and software technology to equip its Moov Now wearable device with 3D motion capture and real-time interaction through Artificial Intelligence software. The Silicon Valley brand encountered challenges with its technology improvements and mass productions.
Through this program, Moov benefited from Foxconn recommendations on design along with its capabilities for rapid mass productions, while drawing on AliCloud's global cloud computing capabilities, which allowed Moov to enter the China market easily.
"Alibaba Group is helping enterprises and start-ups progress by making computing services more accessible. The Computing Conference brings aspiring start-ups and established industry players together to help us further creativity and innovation across the cloud industry. We're not only seeing businesses going straight to AliCloud for their cloud needs, but also when they want to provide an outstanding customer experience," said Dr. Jian WANG, CTO of Alibaba Group. "The new developments that will come about through discussions and partnerships begun at The Computing Conference 2015 will send ripples through the cloud computing world for years to come."
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