HANGZHOU, China, Sept 17 (Bernama) -- Alibaba Group Holding Limited (NYSE: BABA and HKEX: 9988, “Alibaba” or “Alibaba Group”) today revealed its New Manufacturing model for the first time with the unveiling of Xunxi Digital Factory (“Xunxi”).
Powered by Alibaba’s cloud computing infrastructure and IoT, the Hangzhou-based factory offers SMEs a digitalized end-to-end manufacturing supply chain that allows for fully-customized, demand-driven production. This gives smaller businesses and manufacturers in particular the ability to benefit from the digitalization of China’s over RMB30 trillion (over USD4 trillion) manufacturing market1 through being able to respond better and quicker to customers’ changing needs.
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