On Monday, the 12th of August 2019, India’s multinational conglomerate company of billionaire entrepreneur Mukesh Ambani, Reliance Industries Ltd., issued a public statement saying that the company had inked a partnership deal with Microsoft’s cloud platform, Azure, suggesting a stringent move that might mead sheer leverages for Reliance’s telecommunication subsidiary, Jio telecoms, while posing a significant threat to other rival cloud service providers in India such as Amazon.com Inc.
alongside Alphabet Inc.’s Google LP. Apart from that, followed by the reveal of Microsoft-Reliance tie-up on cloud-based services in India, Reliance Chair, Mukesh Ambani had been quoted saying on Monday (August 12th) at the company’s annual shareholders’ meeting that under the terms of a 10-year alliance between Microsoft Azure and Reliance, Jio telecom would be building a number of data centers across the India, hosted on Microsoft Azure’s cloud platform.
Adding that India would now have a substantial scale of leverage to develop a swath of truly native solutions including speech recognition for major Indian languages, the richest man of Asia with a net worth of $46.2 billion by December 2018, Reliance Chairman, Mukesh Ambani said on Monday (August 12th), “We now have the capability to develop truly India-native solutions, including speech recognition and natural language understanding for all major Indian languages and dialects,” while raising an alarming bell for major cloud service providers in India, an analyst at tech consultancy, Counterpoint, Satyajit Sinha had been quoted saying, “Other cloud players like AWS and Google will have to come up with new, perhaps cheaper pricing models for India. ”