IBM and Tencent Cloud signed a business cooperation memorandum to collaborate on providing public cloud with Software-as-a-Service solutions for industries. Both parties agreed to focus on emerging small and medium enterprises in the smarter cities and smarter healthcare industries as well as other fields. This will enable these industries to utilize mobile, cloud computing and big data tools to transform internal processes and operations, thus achieving cloud transformation in the era of mobility. As part of this milestone collaboration, Tencent Cloud and IBM will jointly promote industry innovation and gain from each company’s resources and global capacity to benefit enterprise customers.
Tencent Holdings Limited is a provider of comprehensive Internet services in China. Tencent Cloud is a strategic platform of Tencent with profound acumen in cloud computing based on its powerful infrastructure as well as many years’ experience in the massive Internet services business. Tencent cloud provides enterprises and developers access to a complete cloud solution with cloud service, cloud data and cloud operations.