Mid-tier information technology services firm Birlasoft has partnered with software giant Microsoft to drive its customers’ cloud-led digital transformation journeys.
The cloud alliance will allow the Pune-based company to leverage Microsoft's cloud platform and boost its digital offering, according to a statement. The announcement saw the shares of CK Birla group company rising 14% on Tuesday at the Bombay Stock Exchange.
Birlasoft said it can now support the digital transformation needs of its enterprise clients from infrastructure to business applications.
The company will scale its current Microsoft cloud business to $100 million by focusing on delivering end-to-end services on Microsoft Azure, Microsoft 365, and Microsoft Dynamics 365, to its clients, according to the statement. Both companies will also jointly develop industry solutions and enable customers to adopt Microsoft cloud technologies and services.
According to Birlasoft, the speed of digitalisation will decide whether organisations can successfully tide over the Covid-19 pandemic crisis.
"We want our customers to harness the full power of digital by combining enterprise applications with the most modern platforms, software and digitalisation processes. With this partnership, now our customers can expect an even broader range of solutions, delivered faster, which will accelerate the execution of their digital transformation strategies," said Dharmender Kapoor, CEO and managing director of Birlasoft.
The company currently has over 10,000 employees.
Birlasoft said that it helps customers in manufacturing to accelerate their Industry 4.0 adoption. In the BFSI (banking, financial services and insurance) vertical, it helps companies to leverage open APIs (application programming interface) and automate both front-office and back-office transformation.
In the energy and utilities vertical, Birlasoft said that it enables customers to enhance field collaboration and real-time service, optimise operations and improve asset performance while in the healthcare and life sciences vertical, it helps users to automate drug discovery and pharmacovigilance processes.
Birlasoft had reported a 18% year-on-year growth in June quarter revenue while generating a total contract value of $180 million during the period.
In July this year, Birlasoft partnered with Innoveo, a technology software provider to strengthen its domain and digital capabilities.
Late last year, Birlasoft signed a $240 million deal with medical device manufacturer Invacare for its digital transformation initiative.