Confluent, Alibaba Cloud extend partnership to bring the power of data streaming to more regions in Asia

Confluent, Inc. (NASDAQ: CFLT), the data streaming pioneer, and Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced adeepenedstrategicmulti-year partnership that expands the breadth and scope of solutions available to customers in Asia.

The strengthened partnership will expand from mainland China to more markets in the region including Hong Kong, Indonesia, Malaysia, the Philippines, Singapore, and Thailand. The Confluent Data Streaming Service on Alibaba Cloud will be available for Alibaba Cloud customers in the aforementioned new markets by the end of this year.

  Modern business happens in real-time – from delivering real-time customer experiences, improving efficiencies in backend operations, and launching innovative new products and services. The demand for real-time has cemented data streaming platforms as a critical business requirement in nearly every industry and category.

In fact, the 2023 APAC Data Streaming Report found that 89% of technology leaders in APAC say investments in data streaming are important, while 69% say they are using data streaming to power critical applications.

  Data streaming is what enables ride-sharing apps to provide a real-time mobile experience to match riders to drivers, provide dynamic pricing, and update driver ETAs. It’s what lets retailers personalize their customers’ shopping experiences, across every channel and interaction, in real time. And it even helps banks offer loans in just five minutes. The use cases are truly limitless.

Confluent’s industry-leading data streaming platform is made available on Alibaba Cloud to more organizations in Asia

Under the expanded scope of collaboration, organizations in Hong Kong, Indonesia, Malaysia, Philippines, Singapore, and Thailand will have access to Confluent’s data streaming platform on Alibaba Cloud. 

And with the deepened partnership, customers can benefit from a robust and resilient data streaming service.

The solution, based on the distributed data streaming technology Apache Kafka, enables customers with more powerful and efficient data processing capabilities, including enhanced elastic computing and