Pakistan’s Cloud Computing , A robust cloud infrastructure would serve as the cornerstone of digital Pakistan
“Data is the new oil’ , is a term first coined by British mathematician Clive Humby in 2006. Pakistan’s Cloud Computing , The expression has aged well, so much so that it is now part of corporate and tech “lingo” along with other variations being in popular use, for example, “Data is the new gold”. The ever increasing reliance on data has helped conceive a whole new ecosystem built around the fundamentals of storing and analysing data. An important component of this ecosystem is cloud computing, and as Pakistan moves towards digitising its economy, the role of cloud technology is further elevated. However, according to experts, the current infrastructure for management of data in the country is fragmented and outdated in most cases as in-house IT departments don’t have the adequate competencies to keep up with technological advancements. This leads to a lack of flexibility in data management. Further highlighting the need to develop the cloud ecosystem, as quickly as possible, is the fact that Pakistan failed to make it into the Association of Cloud Computing Asia’s cloud readiness index. Countries such as India, Indonesia and Vietnam are all present in the rankings. Attempts to work on this, however, remain underway. In a recent development, Daraz Pakistan and Alibaba Cloud signed an MOU on September 17, ‘22 for the provision of cloud services in Pakistan. Alibaba, which acquired Daraz in 2018, is one of the biggest cloud service providers in the world, and counted among the top five Cloud Service Providers (CSP).
The signing of Daraz’s MOU with Alibaba was witnessed by Rukhsana Afzaal, High Commissioner for Pakistan in the presence of Daraz founder and CEO, Bjarke Mikkelsen and Alibaba Cloud Intelligence General Manager of South Asia and Singapore, Dr Derek Wang. Pakistan’s Cloud Computing , A little bit about Daraz before we go on. The company was founded in 2015, and is one of the most well-known eCommerce brands in Pakistan. It boasts more than 40 million active monthly users and over 100,000 active sellers. In addition to this, Daraz University, Daraz’s online learning centre, offers personalised and localised courses covering all areas of the e-commerce ecosystem. “We are glad to partner with Daraz to bring digitalisation opportunities to Pakistan, and by offering our proven cloud computing services, we are confident to support Daraz in building up Pakistan’s digital momentum to benefit the wider ecosystem,” said Wang on the partnership, providing much-needed hope. Such partnerships enable local companies such as Daraz, Telenor and so on to market the services of established CSPs and earn a margin of anywhere between 10 percent to 20 percent. Furthermore, by venturing into cloud services through this route, these companies save the cost of investing in their own infrastructure.
Souce: This news is originaly publihsed by profit.pakistantoday