Gartner released, annual Challenger!

Entering the annual Challenger means: has become a large and mature manufacturer with high execution ability, and has the strength to become an industry leader as the company develops.

Gartner believes, "Enterprises are increasingly using sophisticated artificial intelligence techniques to solve complex problems. The artificial intelligence software market will grow from 14.4% in 2021 to 31.1% in 2025, significantly outpacing the overallThe growth rate of the software market." The market scale continues to expand, and the competition focus of global cloud vendors has gradually shifted from "cloud computing" to "AI services". Baidu Smart Cloud, which takes "integration of cloud and intelligence" as its core, has a first-mover advantage.

How powerful is the annual Challenger?

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Baidu's leading advantages in AI computing power, algorithms, open platforms, developer ecology, etc. are being transformed into the differentiated competitiveness of Baidu Intelligent Cloud's "integration of cloud and intelligence", enabling it to enter the fast lane of strong growth.

In the first quarter just past, Baidu's intelligent cloud business revenue increased by 45% year-on-year, continued the momentum of high-quality and rapid development, and promoted the year-on-year growth of non-advertising revenue35%, became a major highlight in Baidu's first quarter earnings report.

In the future, Baidu Smart Cloud will also

Insist on independent innovation and maintain rapid growth

Continue to integrate digital and intelligent capabilities

Transport to thousands of industries

For China's technological innovation and industrial intelligence

Contribute

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Source:

1. Gartner, Magic Quadrant for Cloud AI Developer Services, Author: Van Baker et al., Date: May 23, 2022

2. Gartner, Critical Capabilities for Cloud AI Developer Services, Author: Arun Batchu et al., Date: May 23, 2022

Disclaimer:

Gartner does not endorse any vendor, product or service in its research, and does not advise technology users to select only those vendors with the highest ratings or other designation.Gartner research reports contain the opinions of Gartner's research and advisory organization and should not be construed as statements of fact.With respect to this research report, Gartner disclaims all warranties, express or implied, including any warranties of merchantability or fitness for a particular purpose.

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