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Exam Code: ACA-Cloud1 ACA Cloud Computing Certification test benefits November 2023 by Killexams.com team | ||||||||
ACA-Cloud1 ACA Cloud Computing Certification Exam Alibaba Cloud Certification Associate (ACA - Alibaba Cloud Certification Associate) is a certification designed for personnel who can use Alibaba Cloud Computing products. It covers all of Alibaba Cloud's core products from computing, storage, networking to security. Exam Overview Certification:ACA Cloud Computing Certification Duration:90 minutes Test type:Registration online and take the test at offline test center Available Languages:English Attention:Please note if you want to take the same certification test again, you must have at least 14 days gap between the 2 exams. Alibaba Cloud Certification Associate (ACA - Alibaba Cloud Certification Associate) is a certification technical designed for personnel who can use Alibaba Cloud Computing products. It covers Alibaba Cloud's core products including computing, storage, networking and security. This certification assesses the certificate holders' possession of the following capabilities: ● Has general knowledge of IT, Cloud Computing and Network Security. ● Is able to develop general solutions and enterprise best practices based on Alibaba Cloud's products and business needs. ● Has knowledge in the use and operation of Alibaba Cloud's ECS, Server Load Balancers, OSS, VPC, Auto Scaling, CDN, Alibaba Cloud Security and CloudMonitor products. Alibaba Cloud-related knowledge: ● Familiar with the concepts of Alibaba Cloud Computing related products, including ECS, Server Load Balancers, Auto Scaling, OSS, Alibaba Cloud Security services and CloudMonitor (the same below). ● Aware of main application scenarios of Alibaba Cloud Computing-related products and how they shall be used together. ● Familiar with operations of Alibaba Cloud Computing-related products, including activating, creating, configuring, starting and stopping and deleting a service instance. ● Familiar with features of Alibaba Cloud Computing-related products and key product implementation principles. ● Able to discover and resolve common issues emerged during the use of Alibaba Cloud Computing-related products. ECS 30% Server Load Balancer 20% Object Storage Service (OSS) 15% Relation Database (RDS) 10% Auto Scaling 10% Alibaba Cloud Security Service and Cloud Monitor 10% General knowledge about Cloud Computing 5% ECS: ✓ Familiar with ECS-related concepts, including regions and zones, instances, disks, snapshots, images, networks, and security groups. ✓ Has knowledge about the advantages, billing policies, application scenarios, APIs and SDKs of ECS. ✓ Able to deploy applications based on ECS products. ✓ Familiar with the usage and operations of ECS instances, disks, security groups, snapshots, images and tags. ● Auto Scaling: ✓ Familiar with the basic concepts related to Auto Scaling, including scaling groups, scaling configuration, scaling rules, scaling activities, scaling trigger tasks, scaling mode and freezing time. ✓ Familiar with Auto Scaling features, product advantages and common application scenarios. ● Server Load Balancer: ✓ Familiar with Server Load Balancer-related basic concepts and features, including the Server Load Balancer definition, implementation principles, supported protocols, session persistence, health checks, backend server weights, certificates, and forwarding policies. ✓ Familiar with Server Load Balancers product advantages and its application scenarios. ✓ Has knowledge about usage, operation and maintenance of Server Load Balancers, including Server Load Balancer configuration, maintenance, precautions, and problem identification and handling. ● OSS: ✓ Familiar with the OSS-related concepts, including regions, buckets, objects, anti-leech, and object lifecycle management. ✓ Has knowledge about the advantages, application scenarios and billing models of OSS products. ✓ Has knowledge about the management, use and operations of OSS buckets and objects. ● RDS: ✓ Familiar with the RDS-related concepts and the database type supported, include MySQL, SQL Server, PostgreSQL and PPAS. ✓ Has knowledge about the advantages, application scenarios and billing models of RDS products. ✓ Has knowledge about the management, use and operations of RDS instance, such as connecting to RDS, read only and backup, etc. ● Alibaba Cloud Security services and CloudMonitor: ✓ Has basic security awareness and security basics of using Cloud services. ✓ Has knowledge about Alibaba Cloud Security series, such as Anti-DDoS Basic, Anti-DDoS Pro, Security Center and CloudMonitor. ● General knowledge about Cloud Computing: ✓ Practitioners in the cloud computing field are required to possess basic knowledge about the related concepts, technologies and cloud computing advantages, including the definition, features, advantages, service types, implementation technologies and deployment methods of cloud computing. | ||||||||
ACA Cloud Computing Certification Exam Alibaba Certification benefits | ||||||||
Other Alibaba examsACA-Cloud1 ACA Cloud Computing Certification ExamACA-CloudNative ACA Cloud Native Certification ACA-Developer ACA Developer Certification ACA-Sec1 ACA Cloud Security Associate ACP-Sec1 ACP Cloud Security Professional ACA-BIGDATA1 ACA Big Data Certification | ||||||||
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ACA-Cloud1 Dumps ACA-Cloud1 Braindumps ACA-Cloud1 Real Questions ACA-Cloud1 Practice Test ACA-Cloud1 dumps free Alibaba ACA-Cloud1 ACA Cloud Computing Certification Exam http://killexams.com/pass4sure/exam-detail/ACA-Cloud1 Question: 41 ___________________ is a ready-to-use service that seamlessly integrates with Elastic Compute Service (ECS) to manage varying traffic levels without manual intervention. A. Server Load Balancer B. OSS C. RDS D. VPC Answer: A Question: 42 When using Alibaba Cloud SLB, you can set different weights for backend ECS instances. The higher the weight of a backend ECS instance, the more load will be assigned to it. If an SLB instance has 5 ECS instances in the backend server pool, all of which are healthy. Among these 5 ECS instances, the weight of ecs_inst1 is set to 100. Which of the following statements is correct? A. We do not know the weight settings of the remaining 4 ECS instances, so we cannot tell what would happen. B. 100% of loads will be assigned to ecs_inst1, and the rest 4 ECS instances will stay idle. C. Based on SLBs working mechanism, approximately 20% of loads will be assigned to ecs_inst1. D. Based on request level parameters of external requests, all requests with a request level parameter of 100 will be transferred to ecs_inst1. Answer: A Question: 43 When we talk about the Elastic feature for ECS product, we are not talking about _____________. A. Elastic Computing B. Elastic Storage C. Elastic Network D. Elastic Administration Answer: D Question: 44 Your website has high volume of traffic and sudden spikes for a very short time. In this scenario, ______________ can manage traffic peak efficiently and maintain a consistent user experience. A. Server Load Balancer B. Auto Scaling C. RDS D. VPC Answer: B Reference: https://www.alibabacloud.com/blog/designing-a-cloud-based-architecture-for-internet-of-vehicles-iov-series- ii_594263 Question: 45 What is the full name of ECS? A. Elastic Compute Service B. Elastic Computing Server C. Elastic Cost Server D. Elastic Communication Server Answer: A Question: 46 Alibaba Cloud does not support Intranet communication between products that are not in the same region, which does not mean ______________? A. ECS instances in different regions cannot communicate with each other on the intranet. B. ECS instances and other products in different regions, such as ApsaraDB for RDS and OSS instances, cannot communicate with each other on the intranet. C. Server Load Balancer cannot be deployed for ECS instances in various regions. D. Server Load Balancer can be deployed for ECS instances in various regions. Answer: B Reference: https://www.alibabacloud.com/help/doc-detail/40654.htm Question: 47 If you are running an online ticket booking service with relatively fixed traffic, then which kind of charging mode is more suitable for you? A. Pay-As-You-Go B. Prepaid C. Paypal-pay D. bitcoin-pay Answer: A Question: 48 Using a cloud computing service is simple and straightforward. One can choose the instance with desired specification, finish payment and then use it right away. Moreover, the underlying physical machines are managed by cloud service providers and transparent to users. A. TRUE B. FALSE Answer: A Question: 49 A/An _________________ is a copy of data on a disk at a certain point in time. A. image B. snapshot C. template D. EIP Answer: B Question: 50 Multiple lower-configuration I/O-optimized ECS instances can be used with ___________ to deliver a high-availability architecture. A. Server Load Balancer B. RDS C. Auto Scaling D. OSS Answer: A For More exams visit https://killexams.com/vendors-exam-list Kill your test at First Attempt....Guaranteed! | ||||||||
The medical device sector must meet stringent regulatory requirements plus convince potential customers that they make reliable, safe products. Having a strong commitment to quality can help customers achieve both those aims and others. Parts of the ISO 13485 process involve identifying and documenting processes. For example, company representatives must find all processes that have even a minor connection to manufacturing. Next, they must create written procedures to establish which elements could introduce risks to the product. Those threats could range from contaminated equipment to poorly trained personnel. After bringing attention to the risks, company representatives must name and describe measures to mitigate the potential issues. ISO 13485 does not spell out the specific measures for device manufacturers to take. However, the certification gets people in the mindset that quality happens at every stage of manufacturing and that ongoing efforts enable maintaining high standards. Reducing the Likelihood of Longstanding IssuesAnother component of ISO 13485 requires ongoing managerial reviews to determine whether previously implemented controls work as expected or if further tweaks would get better results. Unfortunately, some leaders see these evaluations as box-checking exercises and feel under excessive pressure to get them done. However, gathering relevant data and creating processes to keep that information up-to-date and accessible can make it easier to carry out thorough, non-rushed reviews related to ISO 13485. For example, looking at customer feedback, audit results, new regulatory requirements, and any details of corrective actions taken so far can help decision-makers verify whether quality controls related to ISO 13485 have the desired effects. Additionally, these periodic reviews Strengthen the chances of catching issues that could lead to faulty products or operational efficiencies. They encourage better visibility that limits the likelihood of an unaddressed issue causing long-term problems. Increasing Marketplace CompetitivenessThe most accurate version of ISO 13485 requires that certified companies insist that any subcontractors conform to the standard, too. That means the commitment to quality extends beyond a particular organization. Many potential customers appreciate that, knowing that working with any new company poses challenges. ISO 13485 reduces many of them with its emphasis on quality. Also, since ISO 13485 is an internationally recognized standard, it can help in cases where company leaders want to expand into other countries and boost their chances of success. Certification assists organizational leaders in conveying that they take quality seriously. It’s vital to convince stakeholders of efforts to prioritize quality since medical devices directly affect people’s lives. Minimizing the chances of harm and increasing positive outcomes helps potential customers build trust in a company and decide it makes sense to work with or purchase from them. Helping Products Stay on the Market Without IssuesStatistics indicate that approximately 4,500 medical devices and drugs get taken off the market owing to recalls. Just as managerial reviews of ISO 13485 processes can prevent persistent issues, a certified company is less likely to experience problems that lead to getting products pulled from shelves. In addition to the lost profits that such events cause, recalls can permanently damage the public’s reputation, making many people perceive a troubled brand as unsafe. However, corrective and preventive actions get built into the ISO 13485 framework, helping company representatives identify and tackle problems faster than they otherwise might. It’s also advantageous that getting certified can help create and maintain a culture of personal responsibility within the organization. Once an employee understands that a single missed step or ignored protocol could cause quality issues that affect a whole organization, they’ll likely become more conscious of their behaviors and choices made while working. Plus, if a company does experience a recall, being ISO 13485-certified should make it easier to target where things went wrong and prevent future issues. Doing those things should bolster public trust and reassure people that a device manufacturer has its operations under control. ISO 13485 Certifications Strengthens Medical Device CompaniesThe medical device sector is a high-pressure industry where people praise innovation as long as it doesn’t sacrifice user safety. Moreover, manufacturers must respond to demand spikes, as instances like the surge in ventilator needs during the COVID-19 pandemic showed. Getting an ISO 13485 certification can help a company make positive, permanent quality and process improvements. Thus, representatives from certified companies often find that ISO 13485 contributes to organizational resilience. It’s not right for every organization, but the associated benefits make it well worth consideration. The ongoing skilled labor shortage affecting every sector of the manufacturing industry undoubtedly has your company seeking creative solutions to attract and retain talent. But doing so while remaining profitable amidst production delays, supply chain disruptions and the rising cost of both goods and services is challenging at best. Offering quality health benefits has the potential to reduce churn and make your business stand out in a competitive job market, but inflexible group health plans and rising premiums are stymieing many organizations’ efforts. In fact, only 3.8% of manufacturers say it’s affordable to provide health insurance to their employees. To counteract these pain points, some manufacturing leaders are embracing Individual Coverage Health Reimbursement Arrangements (ICHRAs). Understanding ICHRAsICHRAs are a relatively new addition to the benefits toolbox available to employers. These arrangements allow employers to contribute tax-free dollars to their employees’ individual health insurance premiums and eligible medical expenses. They offer a compliant, flexible and cost-effective alternative to traditional group health insurance plans. The main advantage of ICHRAs lies in their customization. Instead of providing a one-size-fits-all health insurance plan, companies can set up ICHRAs that align with their employees' diverse needs. Advantages of an ICHRAPersonalized Healthcare Benefits: ICHRAs allow manufacturing companies to offer a tailored approach to health benefits. Employees can choose their individual health insurance plans based on their specific needs, preferences and location. This level of customization enhances job satisfaction and demonstrates that your company values its employees' well-being, a crucial component to retaining the workers you already have. Cost Control: Most companies realize an average premium savings of 22% when they move from a fully insured or self-funded plan to an ICHRA. Moreover, the model offers pricing stability by transferring the claims risk of your employee population to the much larger – 30 million people and growing – individual market. You can forget about surprise renewal rate hikes and variable costs and instead count on predictable pricing. Accurately projecting one of your company’s biggest budget line items is a game-changer in an industry fraught with volatility in seemingly every other area. Unparalleled Customization: One of the top benefits of choosing an ICHRA is the flexibility that comes with separating employees by classification (think: salaried, hourly, etc.). Your business can choose to offer an ICHRA to its entire workforce, to offer it only to certain classes of employees, or to contribute different reimbursement amounts by employee class. This versatility has multiple advantages over a standard group plan, including helping employers prioritize their budget for health benefits and allowing companies to target their most highly valued employees with an increased level of benefits. Additionally, it can also incentivize manufacturers to offer health benefits to employee classes they may not have been able to in the past, like part-time or seasonal workers. Built-In Compliance: As of 2022, manufacturing’s turnover rate was 39%, per the Bureau of Labor Statistics. Replacing a skilled worker can cost a company up to 150% of the employee's annual salary, when you take into account recruitment, onboarding and training expenses. Beyond monetary costs, a high churn rate also creates the potential for Affordable Care Act (ACA) compliance penalties. When you switch to an ICHRA with a trusted administration partner, you can rest assured you will meet all Employer Mandate and affordability requirements, lessening the burden on your HR team. Plan Portability: That ease of administration with an ICHRA also extends to employee termination. With an ICHRA, employees own their plan and can take it with them when they leave. This typically eliminates the desire for – and administrative burden of – COBRA, saving your HR team even more time. Seamless Transition: Transitioning to an ICHRA can be a smooth process when working with the right partner. Manufacturing companies can work with third-party administrators or health insurance brokers to set up and manage ICHRAs, making the process more accessible and less daunting. Look for a partner that offers a fully managed Open Enrollment, year-round customer support, custom integrations with your HRIS and payroll systems and a platform that is built for enrolling large groups. Manufacturing companies that have embraced ICHRAs have experienced reduced turnover rates, improved recruitment efforts and increased employee satisfaction. As the manufacturing sector continues to evolve, ICHRAs will likely play an increasingly vital role in helping companies navigate the challenges of workforce retention and stay competitive in a rapidly changing landscape. By leveraging ICHRAs, manufacturing leaders can build a workforce that is not only skilled, but also loyal and motivated, driving success in the industry for years to come. --- Adam Olson drives go-to-market functions and long-term strategy in his role as Vice President of Growth Management at SureCo, a health care and insurance technology company that specializes in ICHRA administration. Researchers from McGill University, Dartmouth College, and Universidad de Salamanca published a new Journal of Marketing study that explores the complex trade-offs in dual branding. The study, forthcoming in the Journal of Marketing, is titled “Dual Branding by National Brand Manufacturers: Drivers and Outcomes” and is authored by Yu Ma, Kusum L. Ailawadi, Mercedes Martos-Partal, and Óscar González-Benito. A 2023 report by the consumer research company Attest found that 89.4% of adults in the U.S. are currently either “very likely” or “somewhat likely” to shop around for the best deals on food and beverage products. In another 2023 survey from Attest, 71% of consumers said they were likely to switch food and beverage brands to save money and 80% believed brands conveniently cite inflation to justify price hikes. As a result, shoppers are moving away from large national brands toward private labels. According to a survey by The Food Industry Association, 40% of shoppers said they have purchased more private labels since 2020, with 30% of these shoppers citing higher grocery prices as the reason. Some national brand manufacturers also produce private labels, and with such growth, the practice is likely to become even more commonplace. However, it has been largely unexplored because the supply of private labels—and to whom they are supplied—is a well-kept secret. The study explores the complex trade-offs involved in dual branding, that is, the supply of private label products by manufacturers of national brands. The researchers identify private label suppliers to six of the largest grocery retailers in Spain across over 260 product categories and combine that information with purchase data from a national household panel. They then explore the factors that drive dual branding and what effect it has on the national brands of dual branders. Results show that more than 70% of private label suppliers to these retailers supply both national and private label brands. The research team says that “in the majority of cases, dual branders supply private labels in categories where they have their own national brands; however, almost a third of the time, their private label categories are closely related to, but not the same as, the categories in which they have national brands. For example, consider a private label in beauty creams and a national brand in body milk. Or a private label in toast sticks and a national brand in cookies.” How Does Supplying Private Labels Help (or Hurt) National Brand Manufacturers?Private label supply is not limited to fringe national brand manufacturers; the strongest driver of private label supply is manufacturers with a large national brand business. Manufacturers of premium and innovative national brands supply private labels, especially to a retailer whose private label is not heavily discounted. Also, the more a manufacturer depends on a retailer for its national brand revenue—and the more intense the competition it faces on that retailer’s shelf—the more likely it is to supply the retailer’s private label. In other words, manufacturers see private label supply as a way to exploit scale and try to gain influence with retailers to benefit their national brands. Does this quest for influence actually work out? The answer, according to the study, is “yes”—with qualifiers. First, when a manufacturer starts supplying private labels to a retailer, its national brands enjoy a significant increase in relative distribution depth at that retailer. More items belonging to the brand are stocked, increasing its visibility at the point of purchase. This boost is even more pronounced for manufacturers that previously experienced declining distribution depth and faced higher competitive intensity. In effect, supplying private labels benefits national brands. On the flip side, despite the increase in relative distribution depth, the researchers find no corresponding boost in the relative share of dual branders’ national brands at the retailer. As they explain, “this may seem odd, but it is important to remember that increasing distribution depth is under the control of the retailer, but an increase in sales is up to consumers.” In sum, while supplying private labels can be a strategic move, it is not a cure-all for struggling national brands. Shelf space is a valuable resource for grocery retailers, most of whose business is still in physical stores. No retailer will continue to expand shelf space for a brand that lacks sufficient consumer demand. Lessons for ManufacturersThe study offers two important lessons for manufacturers:
As national brand manufacturers navigate the private label landscape, this research will help them decide whether they should get into this intensely competitive business. It will also help them build competitive intelligence into the private label decisions of their channel counterparts and competitors. Full article and author contact information available at: https://doi.org/10.1177/00222429231196575 About the Journal of Marketing The Journal of Marketing develops and disseminates knowledge about real-world marketing questions useful to scholars, educators, managers, policy makers, consumers, and other societal stakeholders around the world. Published by the American Marketing Association since its founding in 1936, JM has played a significant role in shaping the content and boundaries of the marketing discipline. Shrihari (Hari) Sridhar (Joe Foster ’56 Chair in Business Leadership, Professor of Marketing at Mays Business School, Texas A&M University) serves as the current Editor in Chief. About the American Marketing Association (AMA) As the largest chapter-based marketing association in the world, the AMA is trusted by marketing and sales professionals to help them discover what is coming next in the industry. The AMA has a community of local chapters in more than 70 cities and 350 college campuses throughout North America. The AMA is home to award-winning content, PCM® professional certification, premiere academic journals, and industry-leading training events and conferences. Disclaimer: AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert system. Jacques M. Jean is the founder & CEO at TechFides. He helps organizations build & execute world class IT strategies to optimize operations. Unless you worked in the supply chain space in 2019, most of us were only vaguely aware of what supply chains looked like and how all the moving parts we assumed were in those chains functioned and interacted. A little ripple upstream somewhere might make chicken wings or Sriracha or baby formula noticeably more expensive, or even difficult if not impossible to find even if the price is no issue. Bigger ripples upstream might make lumber or gasoline double in price, putting new homes and vehicles in driveways further out of sight for some people. When hiccups happen occasionally to the consumer products and services we frequent, they’re conversation pieces that we commiserate with family and friends over. The pain becomes more acute if a disruption impacts our own business and livelihood and we’re unable to meet customer needs and demands, especially in the manufacturing space. But what happens when a truly global supply chain disruption occurs, as we saw in 2020, and suddenly, there are hundreds of things in our daily lives that are unavailable or two or three times as expensive if they are? Or worse, the disruption impacts our business operations and production, and the customers whose trust we worked so hard to gain? We collectively sit up in our seats and become much more attuned to the fragility of supply chains, and we wonder “What should we have done differently? How could this be avoided when it happens again?” Complexity in domestic manufacturing, both in outputs and the hardware required to produce those outputs, coupled with the globalization and offshoring of many of the inputs and components that domestic manufacturers utilize, have changed the entire supply chain paradigm over the past 40-50 years. Cheaper raw materials and machined parts procured overseas are great…until they’re suddenly unavailable. One of the most notable shortages in accurate years is silicon chips, of which around 90% of the global supply is produced in Taiwan and China. Almost every piece of electronics we consume in the U.S. depends on the production and availability of these chips, and we all remember the images of tens of thousands of cars and trucks built in the U.S. sitting in lots, unable to be sold because the chips they require simply weren’t available. And it’s more than just an economic/production issue, it’s a major geopolitical strategic issue. The previous and current administrations are putting in the work to repatriate nearly half a trillion dollars of critical manufacturing in several sectors, including silicon chips, but we’ll continue to be heavily reliant on foreign production for the foreseeable future. Effective supply chain management provides notable benefits, including: • Risk mitigation. • Customer satisfaction. • Cost efficien. • Competitive advantage. • Diversification and flexibili. Technology provides an array of capabilities and tools for managing supply chains, allowing the people who manage those supply chains to make better real-time decisions based on risk, customer demand/pipelines, costs and much more. The caveat with any technology in any space, as always, is “when appropriately and strategically applied.” So how do you fortify your existing supply chain operational model with the tools, capabilities, processes and (perhaps the most important component) the people that can make your supply chain more resilient? Real-world supply chain experience and expertise combined with the dynamic capabilities of software automation can help your business establish this resilience and preparedness through concepts such as: Real-Time Visibility: Implementing advanced data analytics and IoT (Internet of Things) sensors allows manufacturers to gain real-time visibility into their supply chain. This data can be used to track inventory levels, monitor the condition of goods in transit and identify potential disruptions early. Cloud-Based Supply Chain Management: Cloud-based software solutions offer manufacturers the flexibility to access their supply chain data from anywhere. These platforms provide real-time collaboration, allowing for faster decision making and adaptive responses to disruptions. Blockchain Technology: Blockchain can enhance transparency and traceability in the supply chain. Manufacturers can use blockchain to verify the authenticity of products, track the origin of raw materials and prevent counterfeiting. Predictive Analytics: Leveraging machine learning and predictive analytics, manufacturers can forecast potential disruptions and plan for contingencies. These technologies analyze historical data and real-time information to make accurate predictions. Supply Chain Orchestration: Supply chain orchestration tools help manufacturers optimize their supply chain operations by automating tasks, managing inventory more efficiently and improving demand forecasting. Supplier Relationship Management (SRM) Software: SRM software allows manufacturers to strengthen relationships with key suppliers, collaborate more effectively and ensure a stable supply of materials. Digital Twins: Digital twin technology creates a digital replica of the entire supply chain, enabling manufacturers to simulate and analyze various scenarios. This helps in identifying potential bottlenecks and optimizing processes. Cybersecurity Measures: Ensuring the security of digital supply chain data is paramount. Robust cybersecurity measures protect sensitive information from cyber threats and data breaches. Collaborative Platforms: Collaborative platforms enable manufacturers to communicate and share information with suppliers, logistics partners and customers, fostering transparency and adaptability. Training And Talent Development: Lastly, investing in employee training and talent development ensures that your team can effectively use IT solutions to enhance supply chain resilience. Supply chain resilience was essentially a competitive advantage in years past; today, it's an absolute necessity for manufacturers. IT solutions offer an entire spectrum of tools and technologies that can transform a traditional supply chain into a resilient and agile network. By enabling real-time visibility, predictive analytics and collaborative platforms, manufacturers can adapt to disruptions, reduce risks and continue to thrive in today's rapidly changing business environment. Forbes Technology Council is an invitation-only community for world-class CIOs, CTOs and technology executives. Do I qualify?
Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today announced the launch of Tongyi Qianwen 2.0, its latest large language model (LLM), along with new industry-specific models at its annual flagship tech event Apsara Conference. This release signifies another significant progress in Alibaba Cloud’s pursuit of cutting-edge AI innovation and its ongoing commitment to fuel digital transformation in businesses. In response to the surging demand for powerful infrastructure supporting generative AI development, Alibaba Cloud also unveiled an AI model training platform and a series of innovative cloud products. New initiatives to bolster the open-source AI model community and global AI startups were also unveiled during the Conference. These resources are designed to enable customers, partners, developers, startups, and the wider community to fully harness the potential of generative AI. “Currently, 80% of China’s technology companies and half of large model companies run on Alibaba Cloud. We aim to be the most open cloud in the era of AI. We hope that through this cloud, it will become easier and affordable for everyone to develop and use AI, so we can help, especially small and medium-sized enterprises, to turn AI into huge productivity,” said Joe Tsai, Chairman of Alibaba Group. Tongyi Qianwen 2.0: A Leap Forward in LLMs Tongyi Qianwen 2.0, a generic LLM with a few hundreds of billions of parameters, represents a substantial upgrade from its predecessor launched in April. The model successfully exceeds some leading LLMs in benchmarks across domains ranging from language understanding, arithmetic problem solving, to question-answering. With an expanded model size and improved alignment technique, Tongyi Qianwen 2.0 demonstrates remarkable capabilities in understanding complex instructions, copywriting, reasoning, memorizing, and preventing hallucinations. The model is now accessible to the public via its website and mobile applications, and available for developers through APIs. In benchmarks including MMLU(multi-task language understanding), GSM8K (arithmetic problem solving), ARC-C (question answering), BBH (multi-task language understanding) and Math (math word problem solving), Tongyi Qianwen 2.0 surpassed some leading large language models Industry-specific Models: AI for Enhanced Business Performance In addition, Alibaba Cloud also released new industry-specific models to help businesses unlock the transformative potential of generative AI across sectors for enhanced business performance. These sectors include customer support, legal counselling, healthcare, finance, documentation management, audio & video management, code development, and character creation. “Large language models hold immense potential to revolutionize industries. We’re committed to using cutting-edge technologies, including generative AI, to help our customers capture the growth momentum forward,” said Jingren Zhou, CTO of Alibaba Cloud. “To help businesses better reap the benefits of generative AI in a cost-effective way, we are launching a more powerful foundation model as well as industry-specific models to tackle domain-specific challenges. Through these initiatives, we hope that our proprietary models can deliver real values to our customers to Strengthen operation efficiency and stay competitive.” GenAI Service Platform: A Comprehensive AI Model Building Platform To cater to the burgeoning demand for generative AI, Alibaba Cloud introduced GenAI Service Platform, an all-in-one AI model building platform aimed at streamlining the model development and application building process. The platform offers a comprehensive suite of tools for data management, model deployment and valuation, and prompt engineering, making it easier for enterprises of all sectors to develop their enterprise-specific AI models. Innovative Cloud Products to Drive Generative AI Development To support the increasing computing and data processing needs required in generative AI development, Alibaba Cloud has launched a series of innovative cloud products across machine learning, container and database. ● To Strengthen efficiency of LLM models training and inference, Alibaba Cloud has upgraded its Platform for Artificial Intelligence (PAI), featuring enhanced computing power, network, storage, computing, container, model training and inference capabilities. AI and metaverse technology firm Futureverse has been training its text-to-music generation model on PAI leveraging its high performance and easy-to-scale capabilities to enhance effectiveness and efficiency. ● To expedite the process of building customized generative AI applications, Alibaba Cloud has enhanced its full range of database solutions – including cloud-native database PolarDB, cloud-native data warehouse AnalyticDB, and cloud-native multi-model database Lindorm – with its proprietary vector engine. It has also introduced LLM-powered database ecosystem tools, including the intelligent data analytics assistant Data Management Service (DMS) Data Copilot. ● To enable a more scalable and efficient cloud infrastructure for application development, Alibaba Cloud unveiled Alibaba Cloud Container Compute Service (ACS), a pioneering serverless solution that integrates container services with its cloud computing resources. ACS enables businesses and developers to deploy the resources of Kubernetes, a container-centric management software, in a more cost-effective and user-friendly way. Community Programs to Foster AI Development In a bid to support the broader AI community, Alibaba Cloud has pledged to contribute more to open-source communities, including ModelScope, the company-initiated AI community with over 100 million model downloads since its inception a year ago. The cloud pioneer plans to opensource its 72 billion-parameter version of Tongyi Qianwen later this year. Alibaba Cloud also announced the Alibaba Cloud Startup Catalyst Program, offering cloud computing resources, including cloud credit support of up to USD $120,000, free online learning memberships, and networking opportunities to promising global startups including AI companies. Comments![]() Vertigo3d Alibaba’s AI future - Zhipu In focusThe thesis of this article is straightforward. I will argue the market has mispriced Alibaba (NYSE:BABA) dramatically. As to be elaborated on in the remainder of this article, I see several key catalysts afoot, ranging from its AI potential to the macroscopic environment. Yet the stock is trading at a single-digit P/E, creating a highly skewed return profile. Let me start with its mispriced AI potential. As a major Internet company in China, BABA has been aggressively investing in AI technologies in accurate years. I both see this as the right strategy and also see BABA well positioned on this front. According to Statistica projections (see the chart below), the addressable market in Generative Artificial Intelligence (“GAI”) is projected to grow at a fast rate of 20%-plus in the years to come. Just like in the U.S., I expect the adaptation of GAI to impact many sectors, such as logistics, transportation, and finance. BABA is well poised to benefit on many fronts due to its leading position in e-commerce and digital finance, and I anticipate the accurate Zhipu investment to catalyze these benefits. ![]() Statistica For readers unfamiliar with the background, together with a few other Chinese tech firms, BABA recently invested 2.5B yuan ($342M) in a Chinese AI startup, Beijing Zhipu Huazhang Technology. Zhipu is a prominent player in China’s GAI circle. Its goal was to develop bilingual (or even multilingual) models for Asian regions/countries. The company has released several key products, with GLM-130B as the most notable one and one most comparable to ChatGPT in my view. It’s a bilingual pre-trained large language model (with 130 billion parameters). Just like ChatGPT, it's capable of dialogue, code generation, and Q&A exchanges – in both English and Chinese. Back to BABA, I anticipate the Zhipu investment to catalyze BABA’s push on the AI front for several reasons. First, Zhipu’s bilingual capability integrates well with BABA’s leading e-commerce position. For example, Zhipu's AI algorithms can analyze customer data to gain deeper insights into individual preferences and behavior. This information can be used to personalize product recommendations, marketing campaigns, and customer support interactions. Second, Zhipu’s bilingual capability also may lead to new revenue streams and a competitive advantage. For example, Zhipu's AI capabilities can be applied to BABA’s tremendous database of consumer transactions and identify products and services that can meet the evolving needs of customers – before competitors do. Finally, Zhipu's AI tools can analyze large amounts of data to identify patterns, trends, and anomalies that would be difficult to detect with traditional methods. This ability can have far-reaching impacts on many aspects key to BABA’s operation. For example, fraudulent detection relies heavily on pattern recognition and anomaly identification. And so are demand forecasting, inventory modeling, and logistics routing. Advancements on these fronts could all lead to reduced costs, improved efficiency, and more satisfied customers. BABA’s growth potential is mispricedYet, BABA's P/E ratio is at a large discount compared to either its Chinese or U.S. peers. BABA's P/E ratios are in the single digits: 9.5x for FY1 and 8.7x for FY2. As you can see from the following chart, JD is one of the peers that trade at similar multiples. Many other peers, either in China or in the U.S., trade at large valuation premiums. ![]() Seeking Alpha In my mind – and Ben Graham’s mind too - a P/E around the level of 8~9x is reserved for companies that are permanently stagnating. As detailed in my earlier article:
Yet in BABA’s case, it's simply absurd to assume stagnation. As seen in the chart below, consensus estimates project an annual growth rate averaging 5.1% for the next few years. I think these projections are conservative and did not factor in the scenario of high growth catalyzed by AI or acquisitions like Zhipu as mentioned above. ![]() Seeking Alpha Other catalystsBesides the Zhipu investment, I see a few other key catalysts afoot. The most important one is the easing of China's regulatory crackdown on tech firms like BABA. I see several signs for such easing as evidenced by several accurate developments. I feel that the tone from the regulators has shifted from intense scrutiny in the past 2~3 years to providing guidance for future development. More specifically, after a prolonged halt in accurate years, the Chinese stock exchanges have begun to approve new IPO applications, including those from tech companies. Last and most relevant to BABA, the fact that its business reorganization plan received a green light was an important sign. The restructuring is largely completed by now with the company restructured into six distinct operating units, each with its own specific CEO. And I expect the efforts to start bearing fruit immediately, particularly in the form of revenue growth and operating efficiencies. I look forward to seeing its earnings report in the September period to see if this is indeed the case. It will be the first quarter under the new structure. Risks and final thoughtsMany risks facing BABA are common to other Internet companies (like macroeconomics and regulations mentioned above). So, I won’t delve into these risks too much. Instead, I will point out a few risks that are more specific to BABA than other Chinese internet stocks. As the leader in e-commerce, I see BABA more exposed to U.S.-China trade tensions. These tensions could lead to tariffs, restrictions, or other disruptions that could harm BABA's business. I won’t be surprised that the AI front could become a part of the tension too. Also, the Alibaba Partnership is a corporate capital structure. With the Alibaba Partnership holding a controlling stake, the voting rights of other shareholders are more limited compared to other companies that follow a more traditional corporate structure. This structure could make it more difficult for minority shareholders to protect their interests. The voting rights of overseas shareholders might be even more limited (readers interested should learn more about the so-called VIE structure). All told, my final verdict is that the positives outweigh the negatives under current conditions. Thus, I rate the stock as a buy. To recap, the key consideration in my view is the large mispricing of its growth potential, especially those to be catalyzed by its investment on the AI front such as the accurate Zhipu investment. Yet, its current P/E reflects permanent stagnation in my mind, thus creating a highly asymmetric return profile. Editor's Note: This article discusses one or more securities that do not trade on a major U.S. exchange. Please be aware of the risks associated with these stocks. One of the West Midlands fastest growing manufacturers has capped a major personal development milestone this month with investment in training now totalling over £5m since 2003. PP Control & Automation (PP C&A), which works with 20 of the world’s leading machinery builders, has expanded its Bright Sparks University concept that champions diverse learning pathways, technical excellence, leadership and continuous improvement. It’s the latest in a long line of initiatives that the company employs to maximise the skills of its growing 230-strong workforce and has helped it increase sales to a record-breaking £30m by the end of this year. Malcolm Condon, HR people partner at PP C&A, believes a bigger challenge faces his company and the rest of the sector in trying to encourage more young people – from a grassroots level up – to choose a career in manufacturing. “Sowing the seeds when children are learning about different jobs must be one of the priorities, as we look to shift outdated perceptions of industry towards the modern-day sector, we all know and love. “This is something we are very passionate about at PP Control & Automation and already work with several schools to host factory visits, provide mentoring opportunities, work experience and STEM projects.” He continued: “The benefits are there for both sides and we are now seeing students we have worked with choose to come here because of our engagement at an earlier stage of their life.” PP Control & Automation is a member of the Manufacturing Assembly Network (MAN), a group of seven subcontract manufacturers and a specialist engineering design agency. The collective launched its MANifesto earlier this year as a direct response to a lack of a coherent government industrial strategy. One of the four key pillars is ‘people’ and how the sector looks to tackle the widespread skills and labour shortages it is facing. The eight companies all invest in apprentices and graduates, not to mention coming together to host the UK’s largest Design & Make Challenge that gives 80 Year 10 and Year 11 students the opportunity to test their STEM skills against each other. Mr Condon concluded: “We now want other manufacturers to tackle the skills crisis head on by doing more to help develop the next generation of engineers and are offering to share our proven ‘Design & Make blueprint’ we have created to support ‘engagement’. | ||||||||
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