Information Technology major IBM on Friday announced a multi-million dollar deal with Vodafone Idea for engagement in the telecom, cloud and artificial intelligence (AI) segments.
According to sources, the deal is worth $800 million and as per the deal, Vodafone Idea has given IBM a five-year technology outsourcing contract, which will supplement its targeted Rs 8,400 crore annual operational cost savings by 2021. Vodafone Idea and IBM, however, did not mention the deal amount.
“IBM announced signing a multi-million-dollar five-year agreement with Vodafone Idea Limited to deliver an enhanced customer experience to millions of connected consumers and businesses in India. In addition, this engagement will also contribute to Vodafone Idea’s merger synergy objectives by reducing its IT related costs,” a statement by IBM said.
The collaboration will provide Vodafone Idea with a hybrid cloud-based digital platform to enable more intimate engagement with its subscribers, enhancing business efficiency, agility and the scale along with simplification of its business processes, it said.
Almost 60 per cent of the Indian organisations plan to have all their data on Cloud in the next ten years, of which 99 per cent will use multiple hybrid Cloud within the next three years, says an IBM survey on Tuesday.
Hybrid Cloud is all set to emerge as the cutting-edge cloud technology for the next-generation business worldwide, the research, titled ‘Next generation hybrid cloud powers next generation business’, revealed.
“We foresee Indian organisations to witness extensive adoption of Cloud technologies in the next few years, with a majority of them using hybrid Cloud within three years itself,” said Vikas Arora, Vice President, Cloud & Cognitive Software & Services, IBM India/South Asia.
“If the next phase of cloud benefits is to be realized, a Hybrid cloud strategy is needed,” Arora said.
Hybrid cloud permits public clouds, private clouds, and on-premises IT to interoperate seamlessly across all three standardised technology interfaces: Linux, Open Container Initiative, and Kubernetes.
These enable businesses to innovate with scale and agility, improving responsiveness and constraining cost, despite growing complexity.
The research showed that almost 50 per cent of the respondents surveyed believe that more than 80 per cent of the organisations will adopt a ‘Cloud first’ strategy and more than 80 per cent of new apps will be built in the Cloud.
India is the second-fastest growing cloud services market in the Asia Pacific region. The public Cloud services market in India is soon expected to reach $4.1 billion.
The IBM study also revealed that despite the growth of Cloud over the past decade, for most organisations, only 20 pe rcent of workloads have made their way to the public Cloud – and these are not yet companies’ core mission-critical workloads.