The Release of Quick Decision and DataTrust & Open Ecosystems - Apsara 2022

Date: Oct 1, 2022

On October 21, at the Apsara Conference 2022, the Data Middle Platform Forum was held in Yunqi Town, Hangzhou. Wang Sai, Head of Alibaba Cloud Data Middle Office said, "In the past few years, Alibaba has accumulated rich practical experience in many industries by exporting its data middle platform construction capabilities through Alibaba Cloud Data Middle Platform Apsara conference 2022.

In Apsara conference 2022 process, the product matrix of Alibaba Cloud Data Middle Platform has been enriched continuously. This year's Apsara Conference launched two new Data Middle Platform products, DataTrust and Quick Decision. Wang Sai said, "While serving different companies, we are also actively absorbing personalized demands, summarizing and refining commonalities in terms of industry units, and concretizing our capabilities to meet corporate needs in the form of products Apsara conference 2022."

He also stressed that for enterprises, the construction of data middle platform must be a long-term process, and the service provider ecology can help enterprises build a better data middle platform to a certain extent and provide enterprises with refined services that meet business needs in practical application Apsara conference 2022.

Product Matrix Enriched Again – Quick Decision and DataTrust Make Their Public Debut
Over the past year, Dataphin, Quick BI, and Quick Audience, the core products of Alibaba Cloud Data Middle Platform, have achieved remarkable results in helping enterprises build good data, implement decision analysis, formulate scientific marketing strategies, and bring more business standards to enterprises Apsara conference 2022.

Wen Di, Vice President of McDonald's China Digital Business, said in an earlier interview with the media, "McDonald's has used Quick Audience's ability in global marketing scenarios to reach content in the radiation range market of 500 offline stores. The value brought by this attempt can not only be measured by absolute values. It also sets a standard for us to know that ROI will be controlled within this range in the future. It is acceptable Apsara conference 2022."

"A good product must continue to realize its own capabilities with the emergence of new problems for customers," said Wang Sai. "Therefore, while our products continue to serve customers, they have always been nourished by the new problems they face. They adapt constantly to the new environment to complement their own capabilities. At the same time, they also focus on the commonality of the industry and introduce new products in terms of product richness Apsara conference 2022."

During the Apsara Conference, Alibaba Cloud Data Middle Platform launched Quick Decision and DataTrust in response to risk control scenarios in the financial industry and the data security requirements of enterprises in the new environment Apsara conference 2022.

Li Li, the Product Director of Quick Decision, said "As a one-stop intelligent wind control decision-making platform blessed by Ant Financial, Quick Decision can provide financial enterprises with a feature construction engine that integrates offline, real-time and online capabilities. At the same time, it combines full-link decision-making engines, such as visual strategy configuration, testing, and monitoring, to help financial enterprises realize wind control features quickly and respond to decision execution in a timely manner to truly protect every financial transaction Apsara conference 2022."

However, another product, DataTrust, has been applied in many enterprises and has been praised continuously after obtaining the four capability evaluations of big data products from the China Academy of Information and Communications Technology in June 2021. It was the only product that passed the evaluations of multi-party security computing, trusted execution environment, and federal learning at the same time. "DataTrust products can be used in many enterprises on the premise of ensuring data privacy and security; complete multi-party data joint analysis, joint training, and joint prediction," Lu Fang, Alibaba Cloud's security expert, told reporters. "This is a capability that enterprises attach special importance to products. Based on this capability, data can maximize its value in a safe and controllable environment Apsara conference 2022."

The core product matrix of Alibaba Cloud Data Middle Platform has been expanded to include Dataphin, Quick BI, Quick Audience, Quick Tracking, Quick Stock, Quick Decision, and DataTrust, covering multiple enterprise management and business scenarios, such as data construction, decision analysis, scientific marketing, behavior insight, goods operation, risk control, and data security.

Advances in technology are creating an opportunity to go beyond solving the problems of businesses to creating value for society, said Alibaba Group Chairman and CEO Daniel Zhang on Tuesday Apsara conference 2022.

The Hangzhou-based group has been steadily applying technology to tackle society’s problems, from improving education in underdeveloped regions to supporting the world’s largest sporting event, the Olympic Games, during the coronavirus pandemic.

“As we explore deeper the connection between different industries and technology, we saw that – rather just tackling commercial challenges – we have to turn our focus towards shared social problems,” Zhang said during his keynote speech at the company’s annual Apsara technology conference Apsara conference 2022.

Cultivating an open, collaborative ecosystem for developing technologies is of the utmost importance, Zhang stressed Apsara conference 2022.

“Chinese participants have historically been seen as beneficiaries of the open-source community. From today onwards, we want to become contributors in this global community,” he added.

To this end, Alibaba’s Chairman unveiled an initiative to support schools’ technology infrastructure in underdeveloped regions, pledging to donate cloud servers to 10,000 schools across China Apsara conference 2022.

“We want more young people to become future-shapers and contributors in the digital world,” he said. In the same spirit – to encourage young talent around the globe – Alibaba has been hosting mathematics competitions and fellowships to recognize budding scientists.

Zhang said Alibaba would increase the reward pool for both programs next year, raising the top prize for the math event to US$50,000 and the award for scientific fellows to RMB30 million (US$4.7 million) in total.

Last month, Alibaba also launched a project to foster tech talent in developing areas. The program aims to train more than 200,000 technical experts across China, making digital technology more inclusive and accessible in the process.

In a separate announcement, Alibaba Cloud said it would make the source code for Alibaba’s XuanTie 910 chip freely available to developers around the world alongside code for XuanTie-related software and development tools. The XuanTie core series is based on RISC-V architecture.

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