Tech
L&T Partners With Microsoft To Develop Regulated Sector Focused Cloud Computing
Microsoft Logo (Representative Image) (Photo by Drew Angerer/Getty Images)
Larsen and Toubro (L&T) and Microsoft India have announced the signing of a memorandum of understanding (MoU) to develop a regulated sector focused cloud offering to empower customers with the best-of-breed cloud computing and infrastructure services.
In line with emerging regulations, L&T and Microsoft will co-engage with a defined set of large customers in regulated sectors to develop architectures and roadmaps to modernize their traditional data centers to potentially hybrid models and advance their digital transformation goals,
"Under the MoU, the two firms will setup a joint governance group to define future platform designs, investments, and commercial and business models to service the regulated sectors’ emerging technology requirements. Senior leadership teams of both the organizations will be engaged collectively on this as the association evolves," L&T said in a statement on Monday (7 February).
“Our partnership with Microsoft aims to accelerate hybrid cloud transition for large customers in regulated sectors, while maintaining the highest benchmarks of compliance, security, and governance. As enablers of India’s digital transformation vision, our ambition is to support organizations in their journey to become digital natives and future ready businesses," said S N Subrahmanyan, CEO & MD of L&T.
As per the present norms, the MoU will focus on engaging customers in the Indian jurisdiction, with the potential to extend this partnership to other jurisdictions in the future, as agreed between the two companies, the statement said.
At an appropriate time, L&T and Microsoft will consider possible partnership structures to continue to collaborate for the performance of this MoU, it added.
Talking about the MoU, Anant Maheshwari, President, Microsoft India, said, “Microsoft is excited to collaborate with L&T to support the public sector and the other regulated industries as they seek to accelerate digital services to benefit all parts of India".
The agreement between the two firms will combine the unique strengths of both L&T and Microsoft to utilise digital services as a key lever for economic growth, the statement said.
Support Swarajya's 50 Ground Reports Project & Sponsor A Story
Every general election Swarajya does a 50 ground reports project.
Aimed only at serious readers and those who appreciate the nuances of political undercurrents, the project provides a sense of India's electoral landscape. As you know, these reports are produced after considerable investment of travel, time and effort on the ground.
This time too we've kicked off the project in style and have covered over 30 constituencies already. If you're someone who appreciates such work and have enjoyed our coverage please consider sponsoring a ground report for just Rs 2999 to Rs 19,999 - it goes a long way in helping us produce more quality reportage.
You can also back this project by becoming a subscriber for as little as Rs 999 - so do click on this links and choose a plan that suits you and back us.
Click below to contribute.
Latest
