Molecular Data Inc. and UCloud Announce Collaboration to Further Drive Digital Transformation
March 26, 2021 at 07:00 am EDT
Share
Molecular Data Inc. announced that it has signed a cooperation agreement with UCloud Technology Co., Ltd. The two parties will integrate their respective high-quality resources and jointly launch industry solutions and service systems to help Digital and intelligent transformation; including upgrading of chemical, medical, new materials and other industries. This move to address the inadequacies faced in the various industries will also include deploying Blockchain
solutions accordingly. At present, the joint product team established by Molecular Data and UCloud has focused on the two key
directions. Firstly in the digitalization of leading enterprises in the industry and secondly, the upgrading of
the industry's cross-border transaction system.
UCloud Technology Co Ltd is a China-based company mainly engaged in providing third-party cloud computing services. The Company develops and provides basic resources such as computing, network, and storage, basic Internet technology architecture products built on these basic resources, as well as products such as big data and artificial intelligence products. The Company mainly provides services to users through three modes: public cloud, private cloud and hybrid cloud. The Company customers include Internet companies in interactive entertainment, mobile Internet and enterprise service fields, as well as companies in traditional industries such as finance, education institutions, new retail and smart manufacturing. The Company distributes its products within domestic market and to overseas markets.