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L&T & Microsoft ink partnership to develop regulated sector cloud offering

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Larsen & Toubro (L&T) and Microsoft India have signed a memorandum of understanding to develop a regulated industry-focused cloud offering to provide customers with best-in-class cloud computing and infrastructure services. Under emerging regulations, L&T and Microsoft will work together with select large customers in regulated domains to develop architectures and roadmaps to modernize their legacy data centers to enable a potential hybrid model and advance their digital transformation goals.

Under the MoU, the two industry leaders will form a joint governance group to define future platform designs, investments and business/business models to meet emerging technology needs in regulated industries. As the association grows, the senior leadership teams of both organizations will be involved in this effort.

SN Subrahmanyan, CEO and General Manager, Larsen & Toubro, said: “India is on the cusp of mass cloud adoption as innovation, scale and agility become key determinants for businesses to grow and compete on a global scale. Our partnership with Microsoft The collaboration aims to accelerate the transition to hybrid cloud for large customers in regulated sectors while maintaining the highest benchmarks in compliance, security and governance. As enablers of India’s digital transformation vision, we aim to support organisations to become digital natives and future-proof enterprise.”

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Under current norms, the MoU will focus on attracting customers from Indian jurisdictions, with the potential to expand this partnership to other jurisdictions in the future, as the two companies have agreed. In due course, L&T and Microsoft will consider possible partnership structures to continue working together to implement this MoU.

Anant Maheshwari, President of Microsoft India, shared: “The government’s push for ‘Digital India’ and unprecedented digital momentum across the country has led to a realignment of cloud infrastructure requirements. Microsoft is delighted to partner with L&T to support the public sector and other affected Regulated industries as they seek to accelerate digital services to benefit all regions of India. This partnership will develop a scalable cloud infrastructure model for these industries to accelerate their digital innovation, in line with India’s data location and security needs be consistent.”

Complete News Source : Construction Week

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