OREANDA-NEWS. March 20, 2017. Wanda Internet Technology Group and IBM (NYSE: IBM) have signed an agreement in Beijing today for Wanda to enter the public cloud business through the formation of a new company built on IBM’s Cloud Platform.

Through the new Wanda Cloud Company, Chinese businesses will have access toselect IBM cloud infrastructure and platform as a service (IaaS and PaaS) technologies. IBM's Cloud platform is built to drive business innovation by providing advanced technologies like Watson, blockchain and Internet of Things that companies can tap into to drive new value. Wanda Group Chairman Wang Jianlin and IBM Chairman, President and Chief Executive Officer Ginni Rometty attended the signing ceremony. 

Wanda will deploy leading-edge technologies through the IBM Cloud Platform nationwide through a network of cloud data centers. IBM will continue to innovate its platform to help ensure that Wanda can provide cloud services that will drive digital transformation across businesses in China. By deploying these cloud-based solutions, Chinese enterprises can help enhance efficiency, improve productivity and drive innovation. This agreement is designed to meet the growing demand for cloud computing and cognitive capabilities in the Chinese market and supports China’s "Internet+" strategy. 

IBM will introduce Watson services to China through this new partnership, starting with Watson Conversation services, which allows developers to add natural language interactions between apps and customers. Additional Watson services are planned in the future as part of the partnership, helping to continue to provide one of the most competitive cloud platforms in China.