Infosys joins hands with IBM to launch industry-specific cloud services for businesses

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Infosys joins hands with IBM to launch industry-specific cloud services for businesses

 

 

Indian IT services company Infosys has teamed up with tech giant IBM to help businesses go full bore with digital transformation through industry-specific cloud services.

 

Infosys will offer clients across sectors, including regulated industries such as financial services, insurance and healthcare, access to a portfolio of open source offerings on IBM's public cloud platform, the companies said in a statement.

 

Bengaluru-based Infosys will be the first so-called global system integrator to join IBM's new public cloud platform. IBM is looking to partner service providers such as Infosys to help bring its public cloud services to businesses in sectors such as financial services and insurance, among others. It has become imperative for businesses to invest in cloud computing as transactions and services are increasingly becoming digital.

 

The portfolio of open source offerings is housed under Red Hat, which IBM snapped up for $33 billion in July 2019 — its biggest acquisition — to boost it cloud strategy. Cloud business is one of the fastest growing verticals for IBM and contributed about $21.2 billion for the year-ended December 2019.

 

Explaining the rationale behind the collaboration, Bob Lord, Senior Vice President, Cognitive Applications and Ecosystems, IBM, said, “As businesses today continue to migrate critical workloads to the public cloud, they are demanding the highest levels of security and control to ensure their data is not compromised."

 

Source