Siemens and Alibaba Cloud, the cloud computing arm of Alibaba Group, signed a Memorandum of Understanding (MoU) to partner to foster the industrial Internet of Things (IoT) in China. The two companies will leverage each other's technology and industry resources to build a unique IoT solution to support Industrie 4.0, China's manufacturing upgrade and transformation, and other industrial Internet initiatives. Joe Kaeser, President and CEO of Siemens AG and Simon Hu, Senior Vice President of Alibaba Group and President of Alibaba Cloud signed the MoU in Berlin under the witness of German Chancellor Angela Merkel and Chinese Premier Li Keqiang during his official visit to Germany.
As part of Siemens digital offerings, MindSphere is Siemens' cloud-based, open IoT operating system that delivers a wide range of device and enterprise connectivity options, applications, advanced analytics, and closed-loop innovation with complete digital twin solutions. The implementation of MindSphere on Alibaba Cloud will provide services for companies in China Mainland to innovate with advanced industrial solutions.
Under the MoU, both companies will begin collaborating immediately and intend to make MindSphere on Alibaba Cloud available in 2019.