Mukesh Ambani, on the forty seventh Annual Normal Meet (AGM) of Reliance Industries Restricted, mentioned that Reliance is reworking right into a deep tech firm. This assertion is a significant indication of what Reliance goals to do subsequent. Within the lately concluded AGM, Reliance introduced that they are going to be providing 100GB of free cloud storage to shoppers. That is in direct competitors with the cloud choices from Google and Apple in India. Google expenses Rs 130 per thirty days for 100GB of cloud storage whereas Apple expenses Rs 75 for 50GB of storage.
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Since Jio is providing the storage without spending a dime, that may entice customers and that may harm the patron cloud enterprise of Google and Apple in India. Other than this, Jio’s Cloud goes to be extra useful for customers as it could be used to retailer name recordings and transcripts. To learn extra about this AI call-recording service, confer with the hyperlink under.
Whereas many customers would nonetheless favor to maintain their knowledge on Google’s or Apple’s cloud, the plenty would possibly favor Jio’s providing just because it’s free. Jio understands the beat of the Indian market deeply. Give free stuff, entice individuals, after which cost for it later. There’s nothing evil about it. It’s simply Jio’s means of attracting Indian shoppers to check out their companies.
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It will likely be attention-grabbing to see if customers might ultimately backup their WhatsApp chats in different platforms other than iCloud and Google One. It’s but to be seen what would be the impact of this free service from Jio, however it isn’t arduous to imagine that Google and Apple may be a bit uncomfortable with this improvement.
Jio may hook the enterprise clients right here and take away some clients of Amazon and Google. We’ll get a clearer image as issues unfold later.
