Infineon Technologies AG and Alibaba Cloud Computing Company have signed a Memorandum of Understanding (MoU) for the joint promotion of Internet of Things (IoT) applications in the fields of smart life and smart industry. Infineon and Alibaba will thus facilitate the digital upgrade of Chinese enterprises and cities, said the company in a press release.
As an active promoter and practitioner of Industry 4.0, Infineon will rely on its own core technology and service advantages in the field of IoT to collaborate with Alibaba Cloud on its IoT operating system, AliOS Things, and provide technical services. Additionally, with the acceleration of the IoT application process, new requirements are also placed on system security.
As part of this collaboration, the two parties will further explore the planning, implementation and security standards of the IoT, enabling SMEs and individuals to deploy and access Alibaba Cloud in a low-cost, highly reliable manner. This will enable the participants to share in the development dividend of the IoT, while protecting them from losses caused by security risks. The two companies also plan to collaborate on e-commerce channels.
Based on this, both parties will make use of Alibaba Cloud’s integration capabilities and successful experiences in IoT and work together to create advanced and secure IoT solutions. This will help upgrade and transform the smart digitalization of SMEs, allowing them to manage the entire production process through digital means.