IBM and Wanda Internet Technology Group, a unit of Dalian Wanda Group, have signed an agreement in Beijing 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 says its 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 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.
IBM says the agreement is designed to meet the growing demand for cloud computing and cognitive capabilities in China and supports the government’s “Internet+” strategy.
IBM also says it 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.