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Tata Communications Partners with Google Cloud; Shares Gain
Tata Communications has announced its alliance with Google Cloud to accelerate cloud adoption and transform Indian companies.
Tata Communications has announced its alliance with Google Cloud to accelerate cloud adoption and transform Indian companies.
Share price of Tata Communications surged over 10% at Rs 1,108 in morning trade. The stock ended higher by 5.56% at Rs 1050.90 on Tuesday.
With this alliance, Tata Communications has further extended its operated public cloud services portfolio to provide capabilities for Google Cloud.
Tata Communications posted a 428.2 per cent year-on-year (y-o-y) rise in consolidated profit after tax in the December period, led by strong growth in profitability and revenue from a data company.
The collaboration between Tata Communications and Google Cloud India will allow organizations to implement and access Google Cloud services through Tata Communications' IZOTM Managed Cloud, while providing ease of use and end-to-end services, including cloud infrastructure preparation, workload transformation and enduring operational support.
"The current demands on enterprises to manage and optimise their cloud solutions has never been more important, especially in the wake of COVID-19 and our increasing reliance on cloud infrastructure," says Rajesh Awasthi, Global Head of Cloud and Managed Hosting Services at Tata Communications.
"The true test of 2021 will be how organizations adopt a cloud first approach. Through our partnership with Tata Communications, we will be able to provide our customers with a unified, end-to-end experience that will remove the complexity in cloud management and help them transform at speed and scale", said Amitabh Jacob, Head of Partners and Alliances at Google Cloud India.
Tata Communications' cloud capabilities are enabled by 14 cloud nodes along with its Tier-1 network, which carries about 30% of the world's Internet routes.
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