Tencent Cloud stories
Tencent Cloud and SDMC have signed an MoU to develop and market cloud-based OTT video streaming globally, merging Tencent's tech with SDMC's OTT expertise.
Tencent Cloud enhances its unified communications lineup with VooV Meeting, offering free 300-participant HD video conferencing globally during COVID-19.
Tencent Cloud has acquired the Multi-Tier Cloud Security Standard, boosting its capability to provide top-level security for enterprise cloud users worldwide.
Despite the disruption caused by COVID-19, cloud infrastructure services spending reached US$3.9 billion for the first quarter of 2020, according to Canalys.
China's cloud giants—Alibaba Cloud, Tencent Cloud, and Baidu AI Cloud—quickly expanded services to fight COVID-19, boosting the cloud market by nearly 67%.