Home Business Business News Microsoft, Flipkart Join Hands: Azure Cloud Platform To Be The Future of Online Reatiling

Microsoft, Flipkart Join Hands: Azure Cloud Platform To Be The Future of Online Reatiling

In what is likely to revolutionize the e-tailing market in India, global tech giant has joined hands with home-grown e-commerce major Flipkart to provide cloud-based services for the future. At a Microsoft AI conference in Bengaluru today, Microsoft CEO Satya Nadella and Flipkart co-founder and CEO Binny Banal announced the strategic partnership. The Microsoft Azure platform will be used as the public cloud for the new venture. The Azure platform, which is cloud-based, will provide Indian consumers with the best possible online shopping experience.

Flipkart’s online retailing business will be bolstered by Microsoft’s cloud services

Flipkart will look to use Microsoft’s dominance in the cloud-based technology market to impact daily shopping, according to the two companies. Nadella went on record to state that in the past year, an estimated 2000 startups had started using Microsoft’s cloud and the partnership with Flipkart was the need of the hour. Microsoft’s cloud platform, AI capabilities and machine learning capabilities already present in Azure would be leveraged to provide hand-picked shopping options for existing and potential customers. The Azure, platform also incorporates the Cortana Intelligence Suite and Power BI, which is Microsoft’s proprietary interactive data visualization set of tools

Flipkart CEO Bansal also stated that the partnership would “make online shopping more relevant and enriching for customers,” as reported by India Today here. Bansal also revealed that Flipkart had a ten-year business plan which they were sticking to. The next goal for Flipkart, which boasts of a  100-million strong customer database, is acquiring 500 million customers.

Experts and industry analysts suggest that AI and machine learning is the future of e-tail.  Microsoft’s global footprint will also aid in Flipkart’s growth. Bansal elaborated further, citing the example of Myntra, a brand which Flipkart owns.  Flipkart employs an estimated 20,000-25,000 people who work in their supply chain. The strategic partnership will also aid in their work and make their decisions simpler to take.

The Microsoft Azure platform will start with computing infrastructure. Subsequently, advanced cloud technology and analytical tools will be added to Flipkart’s existing facilities. The Power BI suite of tools will also aid in making cloud-based operations safer and simpler to use. The Azure platform will also influence merchandising, advertising and customer service.

Load More Related Articles
Load More By Krishanu Chatterjee
Load More In Business News

Leave a Reply

Your email address will not be published. Required fields are marked *

Check Also

8 Important Income Tax Rules That Will Change From April; Save Taxes, Know How

Click Here To See Results …