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Home Infrastructure Healthcare

Alibaba Cloud Expands to HealthTech Across South-East Asia

The Global Economics by The Global Economics
July 10, 2020
in Healthcare, Technology, Trending
Reading Time: 1 min read
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Alibaba Cloud, the largest provider of Infrastructure-as-a-Service (IaaS) in Asia-Pacific signed a memorandum of understanding (MoU) which paves way for Fintech and healthcare to work together.

The Healthcare Fintech Alliance (HFA) will be enabling the genesis of a healthcare technology ecosystem across major parts of Asia, catering to a wider area, which includes Vietnam and Indonesia.

With the aid of Alibaba Cloud, the benefits of high-speed, lower-latency connections will be reaped for healthcare enterprises as well as fintech startups.

Reportedly, HFA will shift its focus on key areas like personalized healthcare, value-based agreements, affordability, digital therapeutics, outcome monitoring, population health, and the growth of healthtech devices.

Lilian Koh, the founder of Fintech Academy, shares her excitement to help innovators, saying that the partnership will drive scholarship and collaboration between technology and healthcare through the network.Alibaba Cloud is also expanding its global footprint by partnering with many international companies. With the growth of cloud computing, many healthcare needs are expected to be met in the coming years.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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The Global Economics Limited is a UK based financial publication and a quarterly business magazine giving thoughtful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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