Baidu Rises to Top 5 in IDC Ranking of Public Cloud Services Providers in China
May 08 2019 - 10:05AM
Baidu, Inc. (NASDAQ: BIDU) ranked as one of the top five public
cloud services providers in China in a recent survey conducted by
global market intelligence firm IDC. The new position signals Baidu
Cloud’s strong momentum in the fast-growing market segment driven
by the company’s leading capabilities in AI technology.
Baidu Cloud ranked fifth in terms of market share in the
combined Infrastructure as a Service (IaaS) and Platform as a
Service (PaaS) markets in the second half of 2018, according to the
IDC China Public Cloud Services Tracker.
In its first time entering the top five ranking, Baidu
significantly outpaced the growth of the overall market for its
IaaS + PaaS business. In its PaaS business alone, Baidu Cloud
achieved the fastest growth among all surveyed services providers,
ranking fourth in terms of market share in Q4 of 2018. According to
the IDC study, the China IaaS market grew by 88% percent in the
second half of 2018 from the previous year, while the growth rate
for the PaaS market reached 124%.
As a leading technology company, Baidu leverages AI across its
platform and offers a differentiated cloud offering through its
“ABC” strategy. Integrating its leading capabilities in AI, Big
Data and Cloud Computing (“ABC”), Baidu empowers enterprises across
industries such as telecom, manufacturing, financial services,
energy, media, entertainment and transportation with an ecosystem
of intelligent solutions. Baidu recently collaborated with Shanghai
Pudong Development Bank and China Mobile to create an AI customer
service representative, powered by Baidu’s AI technologies
including facial recognition, big data, and deep learning, as part
of their respective new humanized user interfaces (HUI)
offering.
“AI is driving the fourth industrial revolution. Baidu Cloud
aims to help businesses and partners create value through
intelligent AI-powered technology and services, accelerate the
adoption of AI applications, and lead the trend of enterprise AI,”
said Watson Yin, Baidu’s Vice President and General Manager of
Baidu Cloud.
Baidu Cloud has consistently broadened its innovative technology
offering. In December, Baidu Cloud open sourced OpenEdge, an edge
computing platform that extends Baidu Cloud’s data processing and
machine learning to edge devices. At Baidu’s ABC Summit held in
April, Baidu Cloud released library of AI toolkits in areas
including computing, network, storage and database, as well as
cloud solutions for video.
About Baidu Baidu, Inc. is the leading Chinese
language Internet search provider. Baidu aims to make the
complicated world simpler for users and enterprises through
technology. Baidu’s ADSs trade on the NASDAQ Global Select Market
under the symbol “BIDU.” Currently, ten ADSs represent one Class A
ordinary share.
Media Contact Intlcomm@baidu.com
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