Indian Economy News

L&T, Microsoft sign pact to develop regulated sector-focused cloud offering

  • IBEF
  • February 8, 2022

On Monday, Larsen & Toubro (L&T) and Microsoft India announced the signing of a partnership agreement to establish a regulated sector-focused cloud offering that will provide customers with best-in-class cloud computing and infrastructure services.

In accordance with the upcoming regulations, L&T and Microsoft will collaborate with a select group of significant clients in regulated industries to design architectures and road maps for modernising their traditional data centres and advancing their digital transformation goals. They will set up a collaborative governance group to help with the same, which will involve senior leadership of both companies as well.

According to current regulations, the agreement will focus on engaging clients in the Indian jurisdiction, with the possibility of expanding the cooperation to other jurisdictions in the future, if both firms agree.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.

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