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Vodafone, Microsoft Forge Billion-Dollar 10-Year Partnership for AI, Cloud Services Across Europe, Africa

Jan 16, 2024 - techtimes.com
Vodafone has announced a 10-year, $1.5 billion partnership with Microsoft to deliver AI, digital, enterprise, and cloud services to over 300 million businesses and consumers in Europe and Africa. The investment will be used to replace physical data centers with scalable Azure cloud services and Microsoft will become an equity investor in Vodafone's Internet of Things (IoT) platform. The partnership aims to accelerate the digital transformation of businesses, particularly SMEs, and enhance customer experiences using Microsoft's generative AI technology.

The collaboration outlines five key areas of cooperation, including generative AI applications, scaling IoT infrastructure, accelerating digital services in Africa, fostering enterprise growth, and expediting Vodafone's cloud transformation. In Africa, Microsoft aims to scale Vodafone's M-Pesa mobile money platform, enhancing digital literacy and financial inclusion across the region. Vodafone's commitment to distributing Microsoft services aligns with its ambition to become Europe's leading platform for businesses, supporting approximately 24 million SMEs across Europe.

Key takeaways:

  • Vodafone and Microsoft have announced a 10-year partnership aimed at delivering AI, digital, enterprise, and cloud services to over 300 million businesses and consumers in Europe and Africa.
  • Vodafone is investing $1.5 billion over the next decade to enhance customer-focused AI, using Microsoft's Azure OpenAI and Copilot technologies, and Microsoft will become an equity investor in Vodafone's IoT platform.
  • The partnership will focus on five key areas: generative AI applications, scaling IoT infrastructure, accelerating digital services in Africa, fostering enterprise growth, and expediting Vodafone's cloud transformation.
  • Microsoft's investment in Vodafone's IoT platform and the plan to scale Vodafone's M-Pesa mobile money platform in Africa highlight the strategic importance of IoT assets and financial technology in the partnership.
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