Siemens and Alibaba Cloud Partner to Power Industrial Internet of Things in China
July 10, 2018 / IoT.Business.News
MoU signed under the witness of German chancellor and Chinese premier Siemens MindSphere to be deployed and operated on Alibaba Cloud’s infrastructure for China Mainland market Siemens and Alibaba Cloud, the cloud computing arm of Alibaba Group, signed a Memorandum of Understanding (MoU) today to partner to foster the industrial Internet of Things (IoT) in China. The two companies will leverage each other’s technology and industry resources to build a unique IoT solution to support Industrie 4.0, China’s manufacturing upgrade and transformation and other industrial Internet initiatives. Joe Kaeser, President and CEO of Siemens AG and Simon Hu, Senior Vice President of Alibaba Group and President of Alibaba Cloud signed the MoU in Berlin under the witness of German Chancellor Angela Merkel and Chinese Premier Li Keqiang during his official visit to Germany.