Wanda and IBM executives take a group photo at the signing ceremony.Wanda Group Chairman and IBM Chairman Ginni Rometty shake hands. Wanda Internet Technology Group and IBM (NYSE: IBM) have signed an agreement in Beijing on March 19 for Wanda to enter the public cloud business. Through the cooperation, Chinese businesses will have access to select IBM cloud infrastructure and platform as a service (IaaS and PaaS) technologies and IBM Watson. Wanda Group Chairman Wang Jianlin and IBM Chairman, President, and Chief Executive Officer, Ginni Rometty attended the signing ceremony.
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 ensure that Wanda can provide cloud services that will drive digital transformation across businesses in China.
By deploying these cloud-based solutions, Chinese enterprises will be able to enhance efficiency, improve productivity and drive innovation. The cooperation between Wanda and IBM heralded Wanda’s first step in providing extended cloud services in China. The combination of IBM’s technology and Wanda’s extensive business resources will strengthen Chinese companies’ competitiveness and provide the most competitive cloud platform in the Chinese market. This agreement is designed to meet the growing demand for cloud computing and cognitive capabilities in the Chinese market and supports China’s "Internet+" strategy.
IBM will introduce Watson services to the China market through this new partnership, starting with Watson Conversation services, which allows developers to add natural language interactions between apps and customers. Additional Watson services will be introduced in the future as part of the partnership.