Vodafone signs $1.5bn Microsoft deal for AI, cloud and IoT

Key Takeaways:

– Vodafone and Microsoft have entered into a 10-year strategic partnership.
– The partnership aims to offer scaled digital platforms to over 300 million businesses, public sector organizations, and consumers across Europe and Africa.
– Vodafone commits to a $1.5 billion investment in cloud and customer-focused AI services over the next decade.
– Microsoft intends to invest in Vodafone’s IoT connectivity platform.
– The alliance aims to accelerate digital transformation, improve customer experience, and develop digital and financial services for businesses.
– Vodafone plans to expand its platform to connect more devices, vehicles, and machines.
– Five key areas of collaboration have been identified, including supercharging Vodafone’s digital assistant with generative AI and modernizing Vodafone’s data centers on Microsoft Azure.
– The partnership also focuses on helping SMEs grow, with a particular emphasis on the African continent.

TechRadar:

Vodafone and Microsoft have lifted the covers off a new, 10-year strategic partnership that will see them jointly aim to offer scaled digital platforms to over 300 million businesses, public sector organizations, and consumers across Europe and Africa.

As part of the deal, Vodafone has committed to a $1.5 billion investment in cloud and customer-focused AI services over the next decade with Microsoft.

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AI Eclipse TLDR:

Vodafone and Microsoft have announced a new 10-year strategic partnership aimed at providing digital platforms to over 300 million businesses, public sector organizations, and consumers across Europe and Africa. As part of the deal, Vodafone will invest $1.5 billion in cloud and customer-focused AI services over the next decade with Microsoft. In return, Microsoft intends to invest in Vodafone’s IoT connectivity platform, which will become its own standalone business. The partnership aims to accelerate digital transformation for Vodafone’s business customers, improve customer experience, and revamp the company’s global data center cloud strategy. The collaboration will also focus on areas such as Vodafone’s digital assistant, IoT, and modernizing data centers. Additionally, the partnership aims to support SMEs, particularly in Africa, through programs focused on digital literacy, upskilling, and youth outreach.