On the morning of August 12th, Mr. Zhang Hongjiang, CEO of Kingsoft and Kingsoft Cloud, delivered a speech entitled “Smart, Big Data, Cloud” at the CCF-GAIR conference. As a representative from the academic world to the industrial sector, Mr. Zhang Hongjiang described how big data drives the development of scientific research through the face recognition function of Xiaomi photo album. At the end of the speech, he returned the topic to the industry, told the importance of data and cloud computing to SMEs, and hinted that Jinshan Cloud hopes to become Amazon AWS in China.

In his speech, he said that in the past 10 years, there are three Internet companies with revenues of more than $10 billion at the earliest, and two of them are Google and Facebook that are familiar to the general public and are 2C companies. The third is actually Amazon’s AWS business. According to the latest financial report released by Amazon, in the past 12 months, its AWS business revenue reached as much as 9.9 billion US dollars (nearly 10 billion).

He believes that Amazon's high market value and AWS business revenue continues to increase, indicating that the market is optimistic about the value of cloud computing companies. Jinshan has invested heavily in the cloud business and hopes to have a big role in cloud computing.

In fact, the company that wants to do Amazon China AWS is not only the Jinshan family. At present, Alibaba Cloud and Tencent Cloud are the most active players on the market. In addition, world-class players such as Amazon AWS and Microsoft Azure have entered the Chinese market through joint ventures. Who can take the lead in the Chinese market with more than 10 billion yuan in revenue? Worth looking forward.

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