AI/machine learning needs lots of data. Salesforce has partnered with Alibaba to expand into the Asian software market in a bid to double revenue within four years to offset a recent slowdown in growth. Alibaba will sell Salesforce software in mainland China, Hong Kong, Macau and Taiwan. With a growth rate that is double that of global growth, China is forecast to overtake the US and become the largest cloud market in the world by 2023, accounting for a quarter of the global market, according to IDC. The company also announced it would open an office in Shanghai next year.
Salesforce has partnered with Alibaba to expand into the Asian software market in a bid to double revenue within four years to offset a recent slowdown in growth. Alibaba will sell Salesforce software in mainland China, Hong Kong, Macau and Taiwan. With a growth rate that is double that of global growth, China is forecast to overtake the US and become the largest cloud market in the world by 2023, accounting for a quarter of the global market, according to IDC. The company also announced it would open an office in Shanghai next year.