New Delhi: Reliance Industries Limited (RIL) on Thursday hosted its 44th annual general meeting (AGM). During the event, the company announced that Reliance Jio and Google Cloud are embarking on a comprehensive, long-term strategic relationship with a goal of powering 5G in enterprise and consumer segments nationwide. With the help of Google Cloud’s scalable infrastructure, the company aims at enabling its retail business to achieve better operational efficiency, modernize and scale for growth, and deliver better performance and experiences to customers.Also Read - Adani vs Ambani: Gautam Adani Group to Invest USD 20 Billion in Renewable Energy; Top Points
“Cloud solution is a key area where we are collaborating with Google. Jio will use Google Cloud’s cutting-edge technologies to power Jio’s 5G solutions and for powering the internal needs of key Reliance growth businesses like Reliance Retail, JioMart, JioSaavn and JioHealth.” said, Mukesh Ambani, Chairman and Managing Director, Reliance Industries Limited. Also Read - How Michiyo Tsujimura's Discovery Of Vitamin C in Green Tea Helped Popularise It As Health Drink
During the event, Reliance Jio also announced its JioPhone Next in collaboration with Google. The phone will go on sale from September 10 in India and will run an optimised version of Android, which has been jointly developed by Reliance Jio and Google. Also Read - Google Search Soon to Get Dark Theme on Desktop | Follow Step-by-Step Guide Here
Google CEO Sundar Pichai also talked about the partnership with Reliance on the 4G phone. This will be one of the most affordable 4G smartphones in the market. The price has not yet been announced. Pichai says the phone will have support for the latest Android updates, smart camera, and translation as well. It is designed for users who will be going online for the first time.
How Collaboration With Google Going To Help Jio:
- Google Cloud will provide a complete end-to-end cloud offering for fully automated lifecycle management of Jio’s 5G network and services to further Jio’s mission to digitize India with faster and better connectivity.
- Google Cloud’s deep expertise and innovation, combined with telco-specific capabilities for security, performance, and resilience, will help Jio’s 5G service to meet the demands of customers, thereby strengthening Jio’s position as one of the leading network and largest service providers in the country.
- Edge Cloud infrastructure from Google Cloud will provide an open, highly scalable and high performing platform for supporting Jio, which in turn empowers hundreds of millions of Jio subscribers that are expected to use the 5G service.
- Jio and Google Cloud will collaborate to bring a portfolio of 5G edge computing solutions to help industries address real business challenges. Jio will explore building new services across gaming, healthcare, education, and video entertainment sectors.
- These services will use Jio’s 5G network, software and Google Cloud’s innovations in AI/ML, data and analytics, and other cloud-native technologies—delivered by Jio and powered by Google Cloud.
- As part of the partnership, Reliance will also augment its compute workload for retail business taking advantage of Google’s AI/ML, eCommerce, and demand forecasting offerings.
- This will help Reliance to rapidly grow its new commerce business to leverage Google Cloud with increased reliability and performance, as well as scale up as needed to respond to customer demand.
- Jio will also adopt Google Cloud’s scalable, serverless data analytics platform to advance its data-led innovation strategy.
“We are delighted to announce a new 5G partnership with Reliance Jio to help Indian consumers connect to a faster and better internet and support businesses in their digital transformation and help Jio build new services in sectors like health. education and more. As part of this collaboration, Reliance will also shift its core retail businesses to Google Cloud infrastructure which will enable them to scale up and improve customer experience.” said Sundar Pichai, CEO, Google and Alphabet.