Alibaba Cloud has seen its revenue for database products grow more than 50% year-over-year (YoY), driven by increased enterprise sales as global businesses rely on cloud computing, in particular database, to boost their recovery efforts amidst the pandemic.
Separately, Alibaba Cloud has been named a Leader in 2021 Gartner Magic Quadrant for Cloud Database Management Systems , following being named a Leader in 2020 Gartner Magic Quadrant for Cloud Database Management Systems report.
“Since entering the leader’s quadrant in 2020, Alibaba Cloud has been continuously innovating our database products to address customers growing needs associated with data analytics and security,” said Dr Li Feifei, President of Database Business, Alibaba Cloud Intelligence. “In addition, we are committed to open-sourcing more database products such as cloud native database PolarDB and its distributed version PolarDB-X, to give global developers the access of our leading technologies in order to build up an inclusive database ecosystem for everyone.”
