UBS and Microsoft Expand Cloud Partnership

UBS and Microsoft Corp. announced an expansion of their partnership to accelerate UBS’s public cloud footprint over the next five years. According to a story in MarketsMedia news, UBS plans to have more than 50% of its applications, including critical workloads, running on Microsoft Azure, now UBS’s primary cloud platform. The partnership furthers UBS’s “cloud-first” strategy and the modernization of its global technology estate. Through this partnership, UBS will have access to a comprehensive cloud platform, trusted by more than 95% of Fortune 500 companies, with a rich set of productivity and collaboration tools, enabling the firm to increase the speed at which it can deliver and improve upon its digital experiences for clients and employees. At the same time, Azure will help advance UBS’s sustainability initiatives, drive operational efficiencies, and maintain its standards for compliance and security — providing strong foundations on which to scale UBS’s rate of cloud adoption. In addition, UBS will leverage Microsoft Power Platform — including Power Apps and Power Automate — which will provide employees with the ability to quickly build professional-grade applications, create automated workflows and connect disparate data sources.