NIIT Technologies Collaborates With Microsoft to Drive Cloud-led Transformation

MUMBAI, India, Feb 21, 2019

Delivering real-world business impact at the intersect of deep industry expertise and cloud

MUMBAI, India, Feb 21, 2019 /PRNewswire/ -- NIIT Technologies Limited (NSE: NIITTECH), a leading global IT solutions organization, today announced a global collaboration with Microsoft, to accelerate the cloudification of its enterprise clients. In collaboration with Microsoft, NIIT Technologies will focus on the comprehensive cloud needs of enterprises – from infrastructure to business applications.

Building on the current collaboration, NIIT Technologies and Microsoft have concluded a strategic Cloud Solution Provider agreement (CSP) that enables NIIT Technologies to directly manage the entire lifecycle for its enterprise customers including commercials & support and deliver integrated end-to-end solutions as a managed service on Azure. Together, 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 lookingup products and services based on their preferences.

Commenting on the collaboration, Sudhir Singh, CEO at NIIT Technologies said, "We believe our collaboration with Microsoft can yield substantial and material benefits to our clients.  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."

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."