Ping An opens cloud service to other firms

Ping An Technology, Ping An Group's Shenzhen-based high-tech arm, will start to expand its full-stack cloud service to companies outside the group, according to a senior company executive.

"By serving our own internal business for five years we have gained significant experience. So we think it is time for us to expand the cloud service to other companies and industries, because demand from the external ecosystem is very high," said Ericson Chan, CEO of Ping An Technology.

According to Chan, the Chinese cloud industry's growth rate is much faster than the global rate.