Skip to content
Search AI Powered

Latest Stories

Reliance Jio announces partnership with Microsoft for cloud service in India

INDIA’S Reliance Jio Infocomm Limited (Jio), a subsidiary of Reliance Industries Limited (RIL) said today (12) it will launch pan India block-chain network for industries and has also partnered with Microsoft to distribute cloud services in the country.

The Indian business giant made the latest announcement at its annual general meeting (AGM) 2019 on Monday (12).


The 10-year commitment between Jio and the American multinational business combines mysql designer the expertise of both companies to offer solutions comprising connectivity, computing, storage solutions, and other technology services for Indian businesses.

The partnership will span the broad Reliance Industries ecosystem including its existing and new businesses.

In combining efforts, Jio and Microsoft aim to enhance the adoption of leading technologies such as data analytics, AI, cognitive services, blockchain, Internet of Things (IoT), and edge computing among small and medium enterprises to make them ready to compete and grow.

Mukesh Ambani, chairman and managing director of RIL said: “This is a unique and first-of-its-kind partnership that brings the capabilities of two large companies focused on creating significant value to Indian enterprises — small and large.

“By working together to develop innovative and affordable cloud-enabled digital solutions built around Jio’s world-class digital infrastructure and Microsoft’s Azure cloud platform, we will accelerate the digitization of the Indian economy and make Indian businesses globally competitive. This will be a showcase to the world to demonstrate tech-enabled value creation that is both exponential and inclusive.”

Jio will provide its internal workforce with cloud-based productivity and collaboration tools available with Microsoft 365 and will migrate its non-network applications to the Microsoft Azure cloud platform as part of the new agreement.

Jio’s connectivity infrastructure that aims to connect everyone, everything, everywhere will promote the adoption of the Microsoft Azure cloud platform within its growing ecosystem of startups, as part of Jio’s cloud-first strategy.

Jio will set up data centres in locations across India, consisting of next-generation compute, storage and networking capabilities, and Microsoft will deploy its Azure platform in these data centres to support Jio’s offerings.

The initial two data centres, which can house IT equipment consuming up to 7.5 MW of power, are being set up in the states of Gujarat and Maharashtra. These are targeted to be fully operational in 2020.

Jio will leverage the Microsoft Azure cloud platform to develop innovative cloud solutions focused on the needs of Indian businesses.

Jio will be executing on its vision of integrated speech and computer vision solutions for Indian customers by working together with Microsoft to develop solutions that support major Indian languages and dialects, which will promote the adoption of technology across all cross-sections of Indian society.

More For You

Godawan

Priced at £65, the whisky is now available across London.

Indian single malt whisky Godawan debuts in London

INDIAN single malt whisky Godawan, crafted in Rajasthan by Diageo India, has launched in London.

The whisky is named after the Great Indian Bustard.

Keep ReadingShow less
Foodspeed

Foodspeed is a major supplier to the hotel, restaurant, and catering industry in London, providing milk, dairy products, and ingredients to over 500 clients. (Photo: X/@FoodspeedLtd)

Foodspeed awarded royal warrant by King Charles

FOODSPEED has been granted a royal warrant by King Charles to supply fresh milk, dairy products, and provisions to the royal household.

The company has been serving the royal household for over 15 years and previously held a royal warrant from Queen Elizabeth since 2012.

Keep ReadingShow less
Rachel Reeves

Chancellor Rachel Reeves responded to the figures, acknowledging the scale of the challenge. (Photo: Getty Images)

Economy stagnates in third quarter, revised data shows

THE UK’s economy saw no growth in the third quarter, according to revised data released on Monday, marking a setback for the Labour government.

The Office for National Statistics (ONS) reported that gross domestic product (GDP) showed zero growth between July and September, down from the previously estimated 0.1 per cent growth.

Keep ReadingShow less
London Stock Exchange

The benchmark index dropped 0.3 per cent, while the mid-cap FTSE 250 rose 0.3 per cent after hitting a near one-month low earlier in the day. (Photo: Getty Images)

FTSE 100 logs worst weekly drop since October 2023

THE FTSE 100 fell to its lowest level since 13 November on Friday, logging its sharpest weekly decline since October 2023 amid a week dominated by central bank policy decisions.

The benchmark index dropped 0.3 per cent, while the mid-cap FTSE 250 rose 0.3 per cent after hitting a near one-month low earlier in the day.

Keep ReadingShow less
Boohoo shareholders block Mike Ashley’s bid to join board
Mahmud Kamani

Boohoo shareholders block Mike Ashley’s bid to join board

SHAREHOLDERS of online fast-fashion retailer Boohoo have firmly rejected billionaire Mike Ashley’s attempt to secure a seat on its board. The decision, made at a shareholder meeting on Friday (20), follows a series of heated exchanges between Boohoo and Ashley’s Frasers Group.

A decisive 64 per cent of votes were cast against allowing Ashley and his associate, Mike Lennon, to join Boohoo’s board. Excluding Frasers Group’s 28 per cent stake in Boohoo, nearly all remaining investors voted against the proposal, reported the Financial Times.

Keep ReadingShow less