Alibaba Cloud and Korea-based SK Holding C&C - a sister company of SK Telecom - have teamed up to provide cloud services to Korean and Chinese companies.
Under the agreement SK Holdings will develop a dedicated cloud portal in the Korean language for businesses operating in sectors such as gaming, online shopping and ICT.
The portal will monitor clients’ networks and systems 24/7 and provide infrastructure, resource allocation and management services using resources from Alibaba Cloud. The platform, which integrates cloud offerings from both Alibaba Cloud and SK Holdings, will help Korean companies to enter the China market while also benefiting Chinese companies in Korea.
The portal will also provide access to cloud-based solutions developed by third-party ICT companies and start-ups in the forms of PaaS and SaaS.
This partnership lays a foundation for the two parties to cooperate on the recently announced “[email protected] Cloud” initiative, which aims to champion the growth of start-ups in Asia and beyond through comprehensive network support and an innovative suite of cloud infrastructure services.
“This partnership provides a fast track to China for Korean gaming and online shopping companies and small hidden champions,” SK Holdings finance and cloud business group head Kiyeol Lee said.
“We will provide fast and convenient cloud services to Korean companies operating in China as well as Chinese firms operating in Korea.”