Paytm Launches ‘AI Cloud for India’ with Servers Located Only in India
PayTm’s parent firm, One97 Communications Ltd., has partnered Alibaba to launch artificial intellingence-based cloud computing platform ‘Paytm AI Cloud for India’ for developers, startups and enterprises. The platform offers business-centric apps for organisations that need high-quality solutions for cloud computing, ready-to-use services to automate workflow, easy to integrate payments, among others.
The company said Paytm AI Cloud processes and stores all their consumer data locally in servers located only in India while conforming to the highest security and privacy standards.
Additionally, it also offers in-built CRM, Campaign Management and easy to integrate payment solutions. The platform has also built various tech solutions for the enterprises that includes an affordable, easy-to-access computing services, ready-to-use apps, pattern recognition tech, pre-trained models and predictive computation to businesses.
Logo of PayTM AI Cloud for India
For all this, PayTM has partnered with Alibaba, who is also its major investor, for this Cloud Computing Infrastructure, and will soon offer enterprise-messaging solutions in partnership with DingTalk.
Dingtalk is an enterprise communication and collaboration platform Developed by Alibaba Group. It was founded in 2014 and by 2018 it was one of the world’s largest professional communication and management mobile app in China with over 100 million users.
On this launch announcement, Sujit Kumar Mishra, Vice President, Paytm, said in official blog post,”Every new-age organisation needs to be AI-enabled. They need 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-to-one with them, and AI empowered systems to predict their business.”
“With these, they need better collaboration and workflow automation tools to become more productive & efficient. Paytm AI Cloud packages all these into one; saving organisations time, money & resources, so they are able to better focus on building products that change the world. At Paytm, we have always ensured the highest standards of customer data privacy and security. Our customers data is processed and stored locally in India with no access to any third party or investors,” said Mishra.
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