alibaba group 300x225 Chinas Alibaba and Yunfeng Capital Launch Cloud Computing FundA unit of Chinese e-commerce giant Alibaba Group and fund Yunfeng Capital have jointly announced the setup of a CNY1 billion ($157 million) fund to invest in cloud-computing companies and developers that make applications for a mobile-device operating system from Alibaba.

In July, subsidiary Alibaba Cloud Computing unveiled its Aliyun OS, a Linux-based operating system aimed at helping the e-commerce giant promote its products in China.

”If others get into the mobile Internet market, then Alibaba has to do it too,” said Sun Peilin, an analyst at Analysys International firm.

Alibaba also launched on Monday a CNY1 million competition to encourage developers to build the best cloud apps for the Aliyun OS. The competition will run until the end of the year.

Hottest IT Skills in 2013 – Cloud, Mobile and BI
In 2012, more than 1.7 million jobs in the field of cloud computing remained unoccupied, according to analysts firm IDC. READ MORE
How Cloud Computing Influences Digital Marketing
Cloud marketing has the ability to drastically change the ways in which they reach and engage their audience, particularly with regard to distributing and storing mission-critical data. READ MORE
Gartner: BYOD to Take Center Stage For Mobile App Use by 2017
More and more companies encourage their employees to work on their devices, thus reducing the cost of computer equipment, but also increase the cost to maintain licenses and safety. READ MORE
Maturity in the Cloud: Start Thinking Like a Grown-Up
Despite the inclination to wait until all of the cloud’s kinks have been worked out, holding off on cloud initiatives until the industry matures won’t guarantee success. READ MORE
PwC: Cloud, SaaS and Mobile Are Changing Software Industry
The software industry is undergoing major changes by trends such as cloud, SaaS, mobile technology and the “consumerization of IT”. READ MORE
10 Cloud Computing Game Changers
Here are the ten most influential cloud computing companies, and the reason why. READ MORE