Larsen & Toubro (L&T), an Indian multinational engaged in engineering, procurement and construction projects, hi-tech manufacturing and services in over 50 countries, and Microsoft India have signed a memorandum of understanding (MoU) related to cloud services.
The MoU is to develop a regulated sector-focused cloud offering to empower customers with 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 roadmaps to modernise their traditional data centres to potentially hybrid models and advance their digital transformation goals.
Under the MoU, the two companies 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. Senior leadership teams of both the organisations will be engaged collectively on this as the association evolves.
The MoU will focus on engaging customers in the Indian jurisdiction, with the potential to extend this partnership to other jurisdictions in the future, as agreed between the two companies.
Over the years, L&T says it has been at the forefront of using technology and innovation for sustainable growth. L&T offers concept-to commissioning services for setting up end-to-end data centre services, with hybrid, multi-cloud management and cyber security services, besides digital transformation and application integration services.
This agreement comes at an opportune moment for the partners. As we mentioned last week, recently announced Indian plans to classify data centres as infrastructure could speed up the data centre development process.