Alibaba Group Holding Ltd.’s (NYSE: BABA) data intelligence arm announced on Tuesday that it became the first public cloud provider in the world to acquire a Trusted Partner Network (TPN) certification.
In a statement today, Alibaba Cloud which was established in 2009, called the certification “significant” due to it satisfying content producers, which ensures its solutions, facilities, people and workflows are secure.
The TPN is a joint venture between two major entertainment organizations with the Motion Picture Association of America (MPAA) and the Content Delivery & Security Association (CDSA). The TPN was established to ensure content security, prevent leaks, breaches, and hacks of movies and TV shows before they are released.
“With such high value and sensitive assets to protect, production houses are naturally drawn to the solutions that offer the highest levels of security. Not only does the TPN certification recognize the effort that Alibaba Cloud has made to deliver industry leading levels of security, it also acknowledges the dependability, flexibility and scalability of our cloud-based platform, Yuanbin Zheng, Head of Security Compliance and Privacy at Alibaba Cloud Intelligence
He added, “Furthermore, as the first public cloud vendor to be accredited with the TPN certification, the accolade further reinforces Alibaba Cloud’s market-leading position as well as its solutions’ now proven ability to meet the needs of the entertainment industry.”
Based in Hangzhou, Alibaba Cloud serves as the largest provider of public cloud services in China, it cited data from Chinese market intelligence company, International Data Corp. According to data from global research company Gartner, Alibaba Cloud is among the top three globally in providing Infrastructure as a service. Operating in more than 200 countries and regions, Alibaba Cloud has over 1 million paying customers, according to its website.
In addition, Alibaba Cloud, which has been a sponsor for the Olympic Games, plans to make big changes to the event when its hosted in Beijing in 2022, as the Associated Press reported last week.
In New York, shares in Alibaba closed 2% lower to $221.49 apiece on Tuesday.