Tata Communications ties up with Alibaba Cloud
10 Jun 2017
Tata Communications has tied up with Alibaba Cloud, a cloud computing arm of Alibaba Group, the company informed the BSE today. The tie-up will enable customers from more than 150 countries, including India, to connect to Alibaba Cloud's ExpressConnect via Tata Communications' IZO Private Connect service.
With IZO Private Connect, users get easy, hassle-free, superfast connectivity for global enterprises to Alibaba Cloud's Express Connect, which offers a reliable connection between the Virtual Private Clouds (VPC), the internet and end-users' own network, the BSE filing said.
The stock had delivered returns of over 70 per cent within a year and had outperformed Nifty Services sector and underperformed BSE mid-cap over the same period.
Tata Communications Limited is a telecommunication services provider, including voice solutions (VS), and data and managed services (DMS).
The service provides connectivity for global enterprises to Alibaba Cloud's Express Connect thereby enabling a secure connection between the Virtual Private Clouds (VPC), the Internet and end-users' own networks.
Alibaba Cloud offers cloud computing products in computing, database management, networking, security and storage for global deployment.
''We look forward to working closely with Tata Communications in a bid to provide an exciting proposition with great connectivity for global enterprises wanting to enter China and for Chinese enterprises looking to go global with ease and convenience,'' said Yeming Wang, deputy general manager of Alibaba Cloud Global, ET reported.
''We look forward to offering more global organisations connectivity to Alibaba Cloud and to strengthening our presence in the Chinese market,'' said Genius Wong, president, Global Network, Cloud and Data Center Services at Tata Communications, ET reported.
