L&T, Microsoft sign pact to develop regulated sector-focused cloud offering
Larsen & Toubro (L&T) and Microsoft India on Monday announced signing of a pact 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 road maps to modernise their traditional data centres to potentially hybrid models and advance their digital transformation goals.
Under the memorandum of understanding (MoU), the two industry leaders will set up a joint governance group to define future platform designs, investments, and commercial/business models to service the regulated sectors' emerging technology requirements, according to a statement.
Senior leadership teams of both the organisations will be engaged collectively on this as the association evolves.
"India is at the cusp of enormous cloud adoption, as innovation, scale and agility .