How Alibaba's Technology Innovations Drive Business - Alizila

Alibaba Group's powerful computing network and wealth of data gives the company key advantages in technological innovation, according to Chief Technology Officer Jeff Zhang, who last week offered a glimpse of products and services Alibaba is readying for rollout that will be based on artificial intelligence. "We have been very successful business-wise, commerce-wise and sometimes that tends to overshadow what we have accomplished on the technological front," Zhang said during an investors conference held at Alibaba headquarters in Hangzhou, China. To support its giant e-commerce business, Alibaba has built a computational network that is the world's fastest cloud-based "streaming processing" platform. "One of our main characteristics is our scale," Zhang said. During Alibaba's blockbuster Singles Day sale last year, the company's platform processed 175,000 transactions a second at peak periods, or 10 million orders per minute.