LG CNS Co. -- LG's IT service subsidiary -- has said that it has agreed with US tech behemoth Microsoft Corp. to collaborate on the development of Cloud-based enterprise solutions.
LG CNS and Microsoft signed a memorandum of understanding (MoU) on the strategic partnership at the American company's Asian-Pacific regional headquarters in Singapore, which calls for the integration of their IT and cloud platforms for new enterprise solutions, Yonhap reported on Monday.
The companies plan to form a task force later this year to develop groupware solutions based on Microsoft's Cloud, Windows 10 and Office 365.
They will first target LG affiliates and other Korean companies and collaborate on marketing in other Asian nations, LG CNS said.
The companies also agreed to develop new technologies and solutions to meet the growing demand for digital transformation in various areas, including smart factories and smart cities, it said.
--IANS
ksc/pg/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
