Business

IBM, Wanda Team on Chinese Cloud Venture (MESA)

IBM, Wanda Team on Chinese Cloud Venture (MESA)

Wanda Internet Technology Group and IBM have signed an agreement in Beijing today for Wanda to enter the public cloud business through the formation of a new company built on IBM’s Cloud Platform.

Through the new Wanda Cloud Company, Chinese businesses will have access to select IBM cloud infrastructure and platform as a service (IaaS and PaaS) technologies. IBM’s Cloud platform is built to drive business innovation by providing advanced technologies like Watson, blockchain and Internet of Things that companies can tap into to drive new value. Wanda Group Chairman Wang Jianlin and IBM Chairman, President and Chief Executive Officer Ginni Rometty attended the signing ceremony.

Wanda will deploy leading-edge technologies through the IBM Cloud Platform nationwide through a network of cloud data centers. IBM will continue to innovate its platform to help ensure that Wanda can provide cloud services that will drive digital transformation across businesses in China. By deploying these cloud-based solutions, Chinese enterprises can help enhance efficiency, improve productivity and drive innovation. This agreement is designed to meet the growing demand for cloud computing and cognitive capabilities in the Chinese market and supports China’s “Internet+” strategy.

IBM will introduce Watson services to China through this new partnership, starting with Watson Conversation services, which allows developers to add natural language interactions between apps and customers.

Additional Watson services are planned in the future as part of the partnership, helping to continue to provide one of the most competitive cloud platforms in China.

  • linkedin
  • fb
  • twitter
  • google plus
  • email

EVENTS

TOP HEADLINES

  • Amazon’s Ambitions Unboxed: Stores for Furniture, Appliances and More (NY Times)For years, retailers have been haunted by the thou more...

  • 3 Major Issues Facing the Movie Business (Variety)Last year, the talk at CinemaCon was all about Scr more...

  • New Hollywood Panic and Pressure Over Rival Premium VOD Plans (THR)This year's edition of CinemaCon could hold plenty more...

  • Millennials Aren’t Watching TV – At Least Until They’re Older (Newsweek)Millennials aren't watching television nearly as m more...

  • Report: Online Reviews Impact Purchasing Decisions for Over 93% of Consumers (The Drum)With 60% of consumers looking at online reviews at more...

  • The Disc at 20: Packaged Media Resonates in a Digital Age (HMM)In an era of digital distribution and streaming vi more...

  • Salesforce Looks for a Future Beyond its Walls with Rising VC Investments, Acquisitions (VentureBeat)When it comes to investments and acquisitions, Sal more...

  • GameStop Closures: Is This the End of Brick-and-Mortar Video Game Shops? (CSMonitor)Gamers no longer have to look far or travel wide f more...

  • Accenture Buys OCTO Technology to Boost Digital Transformation Services (CMS Wire)Accenture announced it has bought Paris-based OCTO more...

  • 89% Satisfied With VR Headset, 90% Say Easy To Use (MediaPost)While most people don’t have virtual reality hea more...

  • Can Hulu Reprogram the Way We Watch TV?  (Fast Company)Picture this: You’re out to dinner with your in- more...

  • Netflix Without Borders: Inside the Streaming Service’s Plans for Global Domination (Fast Company)Globalization for Netflix also means spending more more...


OUR MEMBERS