Larsen & Toubro, Microsoft to develop cloud offering for regulated sectors
Larsen & Toubro (L&T) has signed a memorandum of understanding (MoU) with Microsoft India for developing a regulated sector-focused cloud offering to help customers with cloud computing and infrastructure services.
The two parties, by keeping in mind the emerging regulations, expect to co-engage with a defined group of large customers in regulated sectors to build architectures and roadmaps for modernizing their conventional data centers to potentially hybrid models and advance their goals in digital transformation.
S.N. Subrahmanyan — CEO and MD of Larsen & Toubro said: “India is at the cusp of enormous cloud adoption, as innovation, scale and agility become critical determinants for enterprises grow and compete globally.
“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.”
Larsen & Toubro, Microsoft India partner to develop cloud offering for regulated sectors. Photo courtesy of Batmaniacs/Wikimedia Commons.
As per the MoU, Larsen & Toubro and Microsoft India will establish a joint governance group for defining future platform designs, commercial/business models, and investments to serve the emerging technology needs of regulated sectors. Senior leadership teams of both firms will be collectively engaged on this as the partnership evolves.
Under the present norms, the MoU will be focusing on engaging customers in the Indian jurisdiction, with the possibility to expand the partnership to other jurisdictions in the future, as agreed between the two parties.
Anant Maheshwari — President of Microsoft India said: “The government’s drive for ‘Digital India’ and the unprecedented digital momentum across the country has led to a recalibration of the cloud infrastructure requirements. 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.
“This partnership will enable development of a scalable cloud infrastructure model for these sectors to accelerate their digital innovation, in alignment with the data location and security needs of India.”