Dubai: Meraas, a leading Dubai-based holding company, and AliCloud, Alibaba Group’s cloud computing subsidiary, are set to launch Yvolv, the joint venture set up between the two companies, at Gitex Technology Week 2015.
During the five day Gitex event that will run from October 18-22 at the Dubai World Trade Centre, Meraas and AliCloud will host VIPs and key decision makers at the Gitex Global Leaders’ Summit to introduce Yvolv’s products and services and share with attendees the ambitious growth plans of the enterprise.
The agreement to set up Yvolv, a new technology enterprise that offers state-of-the-art, customised solutions in cloud computing, digital consulting, system integration, entrepreneurship and training to private companies and government institutions in the MENA region, was signed in May 2015 between Abdulwahab Al Halabi, Group Chief Investment Officer of Meraas and Sicheng Yu, General Manager of AliCloud International at Alibaba headquarters in Hangzhou, China.
Headquartered in Dubai, Yvolv delivers scalable and flexible solutions in a secure and state-of-the-art set up. The company also provides bespoke customised products and functionalities in a first of its kind offering especially in cloud computing, which is unparalleled in this region. Yvolv will support potential clients in achieving stronger business results, help them respond rapidly to market changes, and transform their business and IT services.
