Seagate and Baidu Sign Strategic Cooperation Agreement for Big Data Analysis
Seagate Technology plc., a world leader in storage solutions, today announced the signing of a strategic cooperation agreement with Baidu (NASDAQ: BIDU), the leading Chinese language internet search provider, covering the fields of information technology, big data analysis and advanced storage system development and implementation.
The pact renews an existing agreement between the two firms signed in September 2014, under which Baidu would give priority to Seagate when selecting storage products and solutions, and Seagate would give advanced access to products, services and support to Baidu, as well as assign a dedicated team of engineers to the company.
The cooperation between the two parties builds on this, with Seagate providing double the amount of technical cooperation, and closer links to Baidu for its business needs. With regard to new products, Baidu will be at the forefront of Internet users in China implementing Seagate's new storage products, and also the two sides will jointly develop customized systems to meet Baidu business needs. In addition, the procurement model for both companies will be further upgraded to save costs for each side.
The pact renews an existing agreement between the two firms signed in September 2014, under which Baidu would give priority to Seagate when selecting storage products and solutions, and Seagate would give advanced access to products, services and support to Baidu, as well as assign a dedicated team of engineers to the company.
The cooperation between the two parties builds on this, with Seagate providing double the amount of technical cooperation, and closer links to Baidu for its business needs. With regard to new products, Baidu will be at the forefront of Internet users in China implementing Seagate's new storage products, and also the two sides will jointly develop customized systems to meet Baidu business needs. In addition, the procurement model for both companies will be further upgraded to save costs for each side.