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.
Singapore to remove One-Time Passwords from Bank Accounts
According to the Monetary Authority of Singapore, clients who utilise secur...
Is 375 million Airtel subscribers database breached?
When a hacker claims to have accessed and put up for sale a customer databa...
The government of India intends to construct a single portal f
A single portal will be launched by the Indian government to list all of it...
OpenAI offers GPT-4o, a faster model available to all users at
GPT-4o, a faster and more sophisticated AI model, is made available to all...
Icons Of India : Deepak Sharma
Deepak Sharma spearheads Schneider Electric India. He brings with him ...
Icons Of India : NIKHIL RATHI
Co-founder & CEO of Web Werks, a global leader in Data Centers and Clo...
ICONS OF INDIA : SACHIN BANSAL
Sachin Bansal is an Indian entrepreneur. He is best known as the found...
BEL - Bharat Electronics Limited
BEL is an Indian Government-owned aerospace and defence electronics co...
IFFCO - Indian Farmers Fertiliser Cooperative
IFFCO operates as a cooperative society owned and controlled by its fa...
NIC - National Informatics Centre
NIC serves as the primary IT solutions provider for the government of ...
Indian Tech Talent Excelling The Tech World - Dheeraj Pandey, CEO, DevRev
Dheeraj Pandey, Co-founder and CEO at DevRev , has a remarkable journe...
Indian Tech Talent Excelling The Tech World - Anirudh Devgan , President, Cadence Design
Anirudh Devgan, the Global President and CEO of Cadence Design Systems...
Indian Tech Talent Excelling The Tech World - Soni Jiandani, Co-Founder- Pensando Systems
Soni Jiandani, Co-Founder of Pensando Systems, is a tech visionary ren...