Mobile operator Vodafone Group and Alphabet’s Google Cloud entered a strategic partnership to collectively develop information companies, Vodafone stated on Sunday.
About 1,000 staff in Britain, Spain, and the United States shall be to requested by each corporations to create Nucleus, a brand new cloud-based storage and analytics portal which is able to host Vodafone’s information.
Nucleus shall be able to processing round 50 terabytes of information a day throughout the cloud, Vodafone stated in an announcement.
“Both companies will drive the use of reliable and secure data analytics, insights, and learnings to support the introduction of new digital products and services for Vodafone customers simultaneously worldwide,” the assertion added.
Google didn’t reply to Reuters request for a remark.
The information was first reported by the Financial Times on Sunday.
As a part of the six-year settlement, each corporations may also develop a system known as ‘Dynamo’, which might extract and transport information throughout completely different nations the place the British-based telecom firm operates.
According to the FT report, the 2 corporations additionally wish to promote consultancy companies to different multinational companies seeking to transfer big quantities of information to the cloud sooner or later.
Google proprietor Alphabet in Q1 2021 reported report revenue for the second consecutive quarter and introduced a $50-billion (Rs. 3,72,780 crores) share buyback. Alphabet’s general quarterly gross sales rose 34 p.c to $55.3 billion (roughly Rs. 4,12,040 crores), above analysts’ estimate of 26 p.c development from a 12 months in the past and near the $56.9 billion (roughly Rs. 4,23,960 crores) it reported within the fourth quarter. Revenue benefited by an unspecified quantity from Google’s acquisition of smartwatch maker Fitbit in January.
© Thomson Reuters 2021
