Walmart & Microsoft join hands, plan to take on rival Amazon

Date: 2018-07-18   Author: Pankaj Singh  Category: #news

Walmart & Microsoft join hands, plan to take on rival Amazon

Walmart confirmed that it has entered a five-year partnership with Microsoft for using its cloud services and concentrating on additional projects based on artificial intelligence, machine learning and data platforms. The announcement was made at Microsoft’s Inspire partner conference and indicates a strategic collaboration aimed at competing with the retail and technological synergy of online giant Amazon.

According to the deal, Walmart will be implementing Azure, which is Microsoft’s cloud computing service, and Microsoft 365 throughout the company. Industry reports suggest that Walmart is the biggest rival of Amazon in the retail sector, whereas Microsoft is its foremost rival in cloud services.

Sources implied that Satya Nadella, the CEO of Microsoft believes the rivalry of both the companies with Amazon is fundamental to the new partnership with Walmart. Nadella contemplated the question of how Walmart and Microsoft, organizations having depth and breadth and substantial investment power, could leverage their position and outrun their respective competition.

As per records, Microsoft is supposedly working to develop autonomous-checkout technology for cashier-less retail stores similar to rival Amazon’s Go. The Amazon Go store in Seattle, for instance, utilizes multiple cameras and sensors which apply computer vision algorithms for detecting the items a shopper is taking out of the store, then charges the amount automatically. Reportedly, Microsoft is planning to attach cameras to shopping carts for tracking the items. It is in talks with Walmart to deploy the technology and has even appointed a computer vision specialist from Amazon, sources mentioned.

Although the tech-partnership is expected to benefit both the companies in the long term, Walmart and Microsoft did not disclose too many details regarding the future aspects of the alliance. Experts surmise that this deal could prove to be a crucial step for Microsoft’s greater ambitions to use AI and encourage other retailers to employ its wide range of cloud-bases services.



About Author


Pankaj Singh linkdin-boxtwitter

Pankaj Singh

Pankaj Singh Develops content for Algosonline, Market Size Forecasters, and a couple of other platforms. A Post Graduate in Management by qualification, he worked as an underwriter in the UK insurance domain before deciding to switch his field of profession. With exp...

Read More

Post Recommendents

Metal Products Market Research Report Analysis, Industry Size and Growth 2025

Author: Ashwin Naphade

Key inclusions in Metal Products market: past & present development data, unbiased forecasts, segmentation studies, competitive landscape analysis, breakdown of industry value chain, and Covid-19 impact analysis.

.

...


Industrial Computed Tomography market to display lucrative growth trends over 2020-2025

Author: Ashwin Naphade

An analysis of Industrial Computed Tomography market has been provided in the latest report added by Market Study Report that primarily focuses on the market trends, demand spectrum, and future prospects of this industry over the forecast period. ...


Low Frequency Transformer Market Growth By Top Companies with Forecast 2025

Author: Ashwin Naphade

Low Frequency Transformer market report outline: major development trends, restraints, CAGR, remuneration forecast, product varieties and their application scope, competitive terrain, COVID-19 impact analysis.

.

Request...