Engineering company Downer EDI has entered a strategic alliance with Microsoft to develop cloud-based solutions and services that will enhance their respective markets.
Under the alliance, Microsoft will invest resources and funding to boost time-to-market for Azure-based cloud services, while Downer will offer these solutions and services as part of its current portfolio of solutions and services in the mining, rail, transport, communications and utilities sectors.
The companies will mutually commit and invest in technology, solution development and go-to-market efforts.
Downer chief executive Grant Fenn said he believed the alliance will enhance the company’s offerings in both new and existing markets.
Microsoft Australia managing director Steven Worrall said the agreement will boost the pace at which Downer and Microsoft can innovate.
“We do not underestimate the value that this will unlock – our collaboration will deliver fresh perspectives and deep technical understanding to address the specific challenges and opportunities facing the industries we serve,” he said.
The alliance is set to bring a “continuous stream” of new cloud based solutions and services over the next 18 months.
The first round of offerings are set to be released in the second half of 2017.