27.6 C
Delhi
Sunday, July 5, 2020

Paytm to launch AI-powered cloud computing platform with Alibaba

Must read

Francesca Farago is too sexy in Too Hot to Handle Netflix

Netflix released 'Too Hot to Handle'-- a dating truth show amidst lockdown as well as certainly show came to be immediately prominent as it...

Apple to launch iPhone SE 2 next week: Price, Specs, Design

Apple will launch its most awaited mobile phone, the all-new Apple iPhone SE 2. SE 2 was earlier anticipated to be launched on March...

Researchers find flies having sex fossilised in 41 million old amber

A pair of long-legged flies fulfilled a Romeo-and-Juliet ending some 41 million years ago, when a falling drop of tree resin spoiled their tender...

Astronomers found elusive beast black hole 50,000 times the size on Sun, Watch Video

Astronomers have actually found the best proof for the wrongdoer of a planetary murder: a great void of an evasive class called "intermediate-mass," which...

Recently, a subsidiary(One97 Communications Limited) of digital payment leader, Paytm has announced that the company is going to launch Paytm AI Cloud for India. The firm also revealed that its AI cloud computing platform will be in partnership with global tech leader Alibaba. Besides this, One97 Communication will take on FreshWorks and Zoho Corp and will come up with an array of business-centric apps for organizations, sources revealed.

Paytm also announced that the about to launch AI-powered cloud computing platform will not only target developers, startups, and enterprises but will also come up with several business-centric apps in order to satisfy business needs of some organizations. The firm also stated that these apps will help business organizations to automate their workflow, integrate payments, and provide messaging and customer engagement tools without the hassle of managing hardware and software.

Amidst this Paytm also revealed in a statement that with the AI-powered cloud computing platform the firm will be able to store data of consumers in the servers that are located in India. Besides this, there is also a news that the digital company will also come up with enterprise-messaging solutions in partnership with DingTalk.

Speaking on the reasons behind the foray, Sujit Kumar Mishra, Vice President, Paytm, said, “Every new-age organization needs access to infrastructure to quickly sandbox their ideas, run through multiple experiments, and iterate hypothesis without worrying about managing their infrastructure. They need growth engines to acquire customers, engage one-on-one with customers and require AI to predict their business. With these, they also need better collaboration and workflow automation tools to become more productive and efficient.”

Sujit also added that the new platform will save time and money of business organizations which will ultimately help them to focus more on building products. The vice president also said that the company ensures the privacy of customers data that are stored locally and are not accessible by any third party or investors.

 

 

- Advertisement -

More articles

- Advertisement -

Latest article

Francesca Farago is too sexy in Too Hot to Handle Netflix

Netflix released 'Too Hot to Handle'-- a dating truth show amidst lockdown as well as certainly show came to be immediately prominent as it...

Apple to launch iPhone SE 2 next week: Price, Specs, Design

Apple will launch its most awaited mobile phone, the all-new Apple iPhone SE 2. SE 2 was earlier anticipated to be launched on March...

Researchers find flies having sex fossilised in 41 million old amber

A pair of long-legged flies fulfilled a Romeo-and-Juliet ending some 41 million years ago, when a falling drop of tree resin spoiled their tender...

Astronomers found elusive beast black hole 50,000 times the size on Sun, Watch Video

Astronomers have actually found the best proof for the wrongdoer of a planetary murder: a great void of an evasive class called "intermediate-mass," which...

UK Government’s’ Missteps in Handling the Covid 19 Crisis

Even as the World Health Organization has declared Europe as the new epicenter of the coronavirus pandemic, the UK government does not seem serious...