IBM collaborates with Vodafone for a $550m cloud computing deal
By MYBRANDBOOK
IBM has entered into a joint venture with Vodafone to provide businesses with support for linking up cloud systems. This can support next-generation technology such as machine learning or 5G networks.
As per the deal, Vodafone will pay IBM $550m (£423.4m) under an eight-year contract enabling it to offer tools such as artificial intelligence to its networked businesses.
Two global executives will be moved to London to lead the venture, where it will be headquartered. It is expected to become operational in the first half of 2019.
It is expected that the joint venture will make it easier for businesses to link up their separate cloud systems, without having to completely redesign their network from start to finish. Vodafone said that an estimated 70 per cent of the world's organisations use up to 15 different cloud systems at any one time.
According to Vodafone, this strategic venture with IBM will allow them to focus on the strengths in fixed and mobile technologies, whilst leveraging IBM’s expertise in multi-cloud, AI and services. Through this new venture both IBM and Vodafone will accelerate growth and deepen engagement with customers while driving radical simplification and efficiency in their business.
Download masked Aadhaar to improve privacy
Download a masked Aadhaar from UIDAI to improve privacy. Select masking w...
Sterlite Technologies' Rs 145 crore claim against BSNL rejecte
An arbitrator has rejected broadband technology company Sterlite Technolog...
ID-REDACT® ensures full compliance with the DPDP Act for Indi
Data Safeguard India Pvt Ltd, a wholly-owned subsidiary of Data Safeguard ...
Happiest Minds brings in an innovative GenAI chatbot
Happiest Minds Technologies has announced the new GenAI chatbot - ‘hAPPI...
DRUVA SOFTWARE PVT. LTD.
BEETEL TELETECH LTD.
WIPRO LTD.
MICROTEK INTERNATIONAL PVT. LTD.
Technology Icons Of India 2023: Dilip Asbe
Dilip Asbe is the MD & CEO of National Payments Corporation of India (...
Technology Icons Of India 2023: Anant Maheshwari
As President of Microsoft India, he is responsible for Microsoft’s o...
Technology Icons Of India 2023: Lt Gen (Dr.) Rajesh Pant (Retd.)
LT Gen(Dr.) Rajesh Panth (Retd.), National cyber security coordination...
ITI Limited widening its focus area
ITI Limited is a public sector undertaking company, has manufacturing ...
STPI encouraging software exports from India
Software Technology Parks of India (STPI) is an S&T organization under...
Leading company into fertilizers in the country
NFL is a dynamic organization committed to serve the farming community...
B D SOFTWARE
BD Software is the distributor of IT security solutions in India. The ...
M. TECH SOLUTIONS (I) PVT. LTD.
M.Tech is a leading cyber security and network performance solutions ...
WPG C&C COMPUTERS & PERIPHERALS PVT. LTD.
WPG C&C Computers & Peripherals (India) was incorporated in 2008 and ...