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International Internet Magazine. Baltic States news & analytics Thursday, 28.03.2024, 11:46

Latvian technology start-up Xheero becomes official partner of technology giant Alibaba Cloud

BC, Riga , 11.11.2020.Print version
atvian start-up company Xheero signed an agreement with Alibaba Cloud, the digital technology and intelligent backbone of Alibaba Group, on August, 2020, becoming the only official representative of Alibaba Cloud services in the Baltic states, informed Xheero board member Oskars Jepsis.

Since 2009, Alibaba Cloud has grown into a global leader in cloud and artificial intelligence, serving thousands of companies, technology organizations, software developers and public sectors in more than 200 countries and regions around the world.

In partnership with Xheero, proven and reliable solutions from Alibaba Cloud are becoming more accessible to Baltic companies and organizations, who value the efficiency of cloud-based systems, data security, business continuity and IT cost optimization, said Jepsis.

He said that cloud services have rapidly become an important part of digital transformation around the world. Backed by Alibaba Cloud’s solutions, cloud infrastructure and systems enable users to easily and instantly access unlimited online resources — servers, databases, data warehousing, platforms, infrastructure, applications and more — replacing less efficient on-premises IT solutions.

“According to latest Eurostat data, about 26% of European organizations use cloud services. In Latvia, this indicator is significantly lower. We saw great market growth potential not only in Latvia and the Baltics, but also abroad, and therefore looked for opportunities to make cloud service more accessible to a wide range of customers. After getting acquainted with the technology offering from Alibaba Cloud, we wanted to become part of Alibaba Cloud’s partner ecosystem. Through the common vision of making it easy to do business anywhere Xheero and Alibaba Cloud plan to better serve companies in the Baltic and Eastern European markets," he said

"The solutions from Alibaba Cloud cater for both small and medium organizations, as well as enterprises across different industries. Alibaba Cloud Intelligence is cost-effective, allowing customers to pay exactly for the services and the amount of resources used. Xheero's mission is to enable customers by offering the most appropriate solution from a wide range of 160 products from Alibaba Cloud, helping them with the integration process, providing optimizations, additional programming, and other support services tailored to the specific business or organization. Xheero, together with Alibaba Cloud will be offering a hybrid cloud solution, which means the harmonious integration of the local cloud with the public Alibaba Cloud infrastructure, ”said Jepsis.

Xheero was founded in September 2019, and has a share capital of EUR 2,800. It belongs to three individuals, according to Firmas.lv.

Xheero which offers a wide range of IT system solutions for companies, corporations and the public sector, with the aim of rapidly promoting the introduction of digitization and technology in the business environment. Xheero's core business is products for financial institutions, business process automation, and cloud service solutions that drive day-to-day business growth.

Established in 2009, Alibaba Cloud (alibabacloud.com), the digital technology and intelligence backbone of Alibaba Group, is among the world’s top three IaaS providers, according to Gartner. It is also the largest provider of public cloud services in China, according to IDC. Alibaba Cloud provides a comprehensive suite of cloud computing services to businesses worldwide, including merchants doing business on Alibaba Group marketplaces, start-ups, corporations and public services. Alibaba Cloud is the official Cloud Services Partner of the International Olympic Committee.






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