NIIT Collaborates with Microsoft to accelerate 'cloudification' Globally

One of the leading global IT solutions organization in India NIIT Technologies Limited (NSE: NIITTECH) is entering into a global collaboration with Microsoft to accelerate the "cloudification" of its enterprise clients, report said.

"In collaboration with Microsoft, NIIT Technologies will focus on the comprehensive cloud needs of enterprises – from infrastructure to business applications," NIIT Technologies said in a statement.

Under the partnership, NIIT Technologies will directly manage the entire lifecycle for its enterprise customers, including commercials, and support and deliver integrated end-to-end solutions as a managed service on Microsoft's Azure cloud platform.

Both the parties, NIIT Technologies and Microsoft will develop and deliver a spectrum of technology solutions for customers globally across banking & financial services, travel & transportation, and insurance segments and also help them migrate to the Azure.

With the increasing cross border investment in the Banking & Financial sector, this collaboration will enhance real-time management of investor portfolio across geographies. Similarly, with the growing world travel, this collaboration will augment seamless financial transactions for people booking online, traveling abroad and for tour operators, contributing to enhancing service delivery and operational efficiency of organizations offering Travel & Transportation Services. For the Insurance sector, it will enhance real-time communication between field representatives, employees and customers, who may be in any part of the world, making claim processing faster. Furthermore, Artificial Intelligence (AI) integrated with the cloud infrastructure will assist users in looking up products and services based on their preferences.

"This symbiotic relationship brings together our deep domain vertical expertise along with our differentiated intellectual property built on emerging Microsoft technologies such as AI and Predictive Analytics to accelerate the digital ambition of our clients," NIIT Technologies CEO Sudhir Singh said.

Gavriella Schuster, Corporate Vice President, One Commercial Partner (OCP) at Microsoft Corp added, "We have been associated with NIIT Technologies since long, and we are delighted to be taking it further. Microsoft's focus is to not only integrate AI capabilities into its products and cloud services but also enable its partners leverage these AI capabilities to build AI powered solutions, which empower employees, engage customers, optimize operations and transform products."

This collaboration will offer innovative solutions, enabling enterprises to become more agile, improve reliability and reduce operating costs while transforming customer experiences. NIIT Technologies has closed deals with three large customers during the last quarter in US & UK.