“It’s more than just a cloud,” he says, “Like a smart city, like smart manufacturing, the industrial brain and the agriculture brain,
“For instance, with the City Brain we managed to reduce the traffic jam in Hangzhou, Suzhou, Shanghai, Guangzhou, Chongqing, Macau and Kuala Lumpur – which reduces travel time for commuters and reduces the congestion index for city life.”
Based on the time that it took to roll-out the Chinese-born project in places like Malaysia’s Kuala Lumpur, Min believes that the City Brain concept could be brought to other global destinations in around three months.
On top of the relatively short implementation time, Min adds that the cloud model can prove to be less expensive for governments than other high-tech urban solutions.
“It’s much cheaper than a hardware investment,” he says, “Because it’s a pure, soft-based solution – based on the data you already have. And by that, you will calculate how much calculation power you need.”
Alibaba has an estimated market value of more than $400 billion and Min, who attended GITEX ahead of the company reporting its quarterly results, responds to some analysts who say that the multinational’s investment spending could negatively impact its earnings.
“Any investment is an investment in the future,” he says, “So, if you are really focused on the short-term impact, then probably you wouldn’t hear too much about the future. I would say that if we invest more that means we will have a brighter future.”