Petrochemical Yingke, a joint-venture subsidiary of Sinopec Corp. of Shenzhen Special Economic Zone, reached a strategic cooperation with Alibaba. Both parties plan to jointly provide advanced intelligent manufacturing technology based on cloud computing, big data and Internet of things to the petrochemical industry so as to enhance the overall intellectualization of the petrochemical industry. These include smart factory solutions that have been polished and mature within Sinopec.
The joint Aliyun, PCCW will be its own technology, services, solutions and Aliyun's cloud computing platform combined to build a complete set of cloud-based solutions and Internet-based business services. With the deepening cooperation between the two parties, the small and medium-sized enterprises in the petrochemical industry will be able to acquire the same level of technical capabilities with Sinopec at a more convenient and lower cost. PCCW will leverage its industry-focused focus on innovations in business applications at the top. Alibaba Cloud provides cloud-based, proprietary cloud Apsara Stack, hybrid cloud, Internet middleware, big data application platform and the Internet of Things Program. The two sides jointly practice the petrochemical industry, "Internet +" landing.
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