April 24, 2019
The deal will combine Huawei’s cloud infrastructure with Infosys’ IT services that will assist customers move quickly to cloud
Cloud computing will play a critical role in the growth of Indian enterprises globally, as per an April 2019 report by the Nasscom
The global cloud computing market was valued at nearly US$190 billion at end 2018, to which India contributed US$2.5 billion
Infosys had recently launchd a joint venture with Hitachi Ltd, Panasonic Corp and Pasona Inc, enhancing its presence in Japan
Infosys Ltd, an Indian IT-BPM company, has entered into an agreement with Chinese technology products maker Huawei Technologies Co Ltd to jointly offer cloud, big data, and communication solutions, along with enterprise services. The companies said on April 23 that the partnership will combine Huawei’s cloud infrastructure with Infosys’ IT services that will assist enterprise customers transition quickly to the digital cloud. As part of the agreement, Infosys will join the Huawei Cloud Partner Network (HCPN) and the two companies will develop new cloud solutions leveraging Huawei Cloud and Infosys products and services. At end 2018, over 6,000 HCPN partners had developed 2,800 applications on Huawei Cloud that are available in 23 geographical regions across the globe.
Cloud computing will play a critical role in the growth of Indian enterprises globally, as per an April 2019 report by the National Association of Software and Services Companies (Nasscom). The apex body of the US$155 billion Indian IT-BPM industry sees strong opportunity in the new-gen technology as Indian firms emerge as not just consumers of cloud, but also suppliers of the technology globally. Cloud technology helps provide software, storage and computing capabilities to users from remote data centers over the internet. It has become mainstream with the growing presence of cloud providers in big data, analytics, internet of things and artificial intelligence. The global cloud market was valued at nearly US$190 billion at end 2018, to which India contributed US$2.5 billion.
While the global cloud market is estimated to expand at a CAGR of 16.5 per cent to reach US$345 billion by 2022, the sector in India is estimated to grow at a 30 per cent CAGR to touch US$7.2 billion by 2022. Huawei said that the partnership with Infosys will “ensure smooth project delivery, optimize operational costs, reduce transformational risks and create business value for clients. Infosys said that as part of this engagement, it will provide a suite of technologies hosted on Huawei Cloud such as workload migration solutions including SAP and other enterprise workloads. Earlier this month, Infosys had launchd a joint venture with Hitachi Ltd, Panasonic Corp and Pasona Inc, enhancing its presence in Japan. More than 200 Indian IT-BPM firms are currently working in over 80 countries.