Alibaba Cloud and Schaeffler Deepen Partnership to Accelerate Global Digital Transformation in Manufacturing

Hangzhou, China, January 24, 2024 - Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group and Schaeffler Greater China, today announced the expansion of their partnership, reinforcing Alibaba Cloud’s role as a trusted cloud service partner for the manufacturer. This collaboration aims to foster Schaeffler's digital transformation efforts across various markets with Alibaba Cloud’s cutting-edge cloud and digital technologies.

Building on a fruitful partnership that commenced in 2019 within China, Alibaba Cloud has been instrumental in providing robust, scalable, and secure cloud infrastructure, aiding Schaeffler's business innovation and expansion in the market.

Alibaba Cloud and Schaeffler Deepens Partnership to Accelerate Global Digital Transformation

As the partnership strengthens globally, with a particular focus on the Asian market, Schaeffler plans to leverage Alibaba Cloud's robust cloud infrastructure and advanced digital intelligence, edge computing, and AI technologies in various business solutions. Under the partnership, the industrial giant will enhance its digital transformation across its core digital pillars, which include smart products, digital value chain, cyber-physical equipment, and digital workplace. This alliance is poised to empower Schaeffler to seize upcoming growth opportunities and stimulate further innovation, delivering intelligent business insights to meet the dynamic demands of Schaeffler’s global customers in the AI-driven era.

Alibaba Cloud has been serving as a pivotal technological catalyst for the digital evolution of the manufacturing industry, offering a suite of services including edge computing, digital intelligence, and various AI solutions. The company has earned recognition as the No.1 cloud service provider in the APAC market and the third globally, according to Gartner® report Market Share: ‘IT Services, Worldwide, 2022’.

About Alibaba Cloud

Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, management and application services, big data analytics, a machine learning platform and IoT services. Alibaba maintained its position as the third leading public cloud IaaS service provider globally since 2018, according to IDC. Alibaba is the world’s third leading and Asia Pacific’s leading IaaS provider by revenue in U.S. dollars since 2018, according to Gartner.

About Schaeffler Group

The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electro-mobility, CO₂-efficient drives, chassis solutions, Industry 4.0, digitalization, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable–over the entire life cycle. The motion technology company manufactures high-precision components and systems for drive train and chassis applications as well as rolling and plain bearing solutions for a large number of industrial applications.