Maybank-Microsoft Partnership To Accelerate Digital Transformation

KUALA LUMPUR, Aug 5 (Bernama) -- Malayan Banking Bhd (Maybank) has entered into a five-year RM1.0 billion partnership with Microsoft to accelerate its digital transformation.

In a statement today, the partnership will see Maybank embracing the power of Microsoft’s collaboration suite, cloud, AI, and security capabilities to drive customer centricity, enhance operational agility, and foster a culture of continued innovation.

It will also include an upgrade of existing capabilities to Microsoft 365.

“At the heart of this partnership, Maybank will adopt Microsoft Azure as one of the main cloud platforms for some of its most strategic systems, functions and data workloads,” the statement said.

“This move provides Maybank with a scalable, resilient, and secure foundation, enabling real-time data analytics, faster deployment of new services, and significant operational efficiencies.

“To further amplify productivity and intelligence, Maybank will roll out Microsoft 365 Copilot across all its 44,000 employees to empower Maybank personnel with expansive artificial intelligence-powered capabilities,” it said.

 Beyond technological adoption, Maybank noted that the collaboration represents a strategic investment in its most valuable asset, its people.

The collaboration will explore the establishment of a centre of excellence for both companies to collaborate on developing cloud and AI-powered innovation, and nurture in-house talents in these areas.

-- BERNAMA