ITI launches cloud services for other public sector firms, banks, SMEs

ITI launches cloud services for other public sector firms, banks, SMEs

ITI Limited, a government-owned undertaking in telecommunications technology launched its cloud services and solutions platform for central and state government entities, banks, public sector undertakings, small and medium enterprises and start-ups in India.

Highlights:

• The cloud services of ITI data centre will enable PSU banks, central and state government undertakings, multinational corporations, corporates and large enterprises to have their data located within the country.
• ITI shares closed 4% up at Rs83.95 on the BSE.The benchmark BSE Sensex closed at 38,989.74, up 396.22 points or 1%.
• The newly launched cloud services include Infrastructure as a Service (IaaS), Platform as a Service (PaaS), Software as a Service (SaaS) and Storage as a Service (STaaS). The cloud facility is expected to achieve optimum utilization of the infrastructure and speed up the development and deployment of various ICT-IOT based applications for customers. It would also help government and non-government enterprises to procure ICT services on demand.
• TI signed an agreement with Connectivity IT Solutions Private Limited (CS) where ITI will host the cloud at its datacenter facility while CS will support with cloud infrastructure, research and development (R&D) capabilities and technical manpower.
• The new cloud service offered by ITI data centre are expected to provide end-to-end IT infrastructure including new-age cloud services to all its customers in the coming years.
• The ITI cloud initiative is one of the outcomes of the guidelines recommended by the government on setting up of IT infrastructure by government departments using cloud computing technology with a clause mandating that all data must be stored within the country.