Raytheon Technologies collaborates with Microsoft to accelerate key business priorities through cloud adoption – Yahoo Finance
Cloud-based approach optimizes business operations and delivers new forms of customer value
REDMOND, Wash., Nov. 3, 2022 /PRNewswire/ — Raytheon Technologies is deepening its collaboration with Microsoft Corp. (Nasdaq: MSFT) to equip the aerospace and defense company’s employees with cloud-based tools, technologies, and platforms to enhance collaboration, optimize operations and unlock intelligent insights that drive greater value for customers.
The effort includes co-development of capabilities, as well as Raytheon Technologies’ use of existing or modified versions of popular Microsoft solutions such as Microsoft Teams. It is part of the company’s strategy to optimize operations and give employees access to standardized digital tools globally.
“At Raytheon Technologies, our employees and customers are at the heart of everything we do,” said Vince Campisi, Raytheon Technologies’ chief digital officer and senior vice president for Enterprise Services. “Strategic partnerships such as this one act as an accelerant toward our goal of leveraging the power of digital transformation to support business growth, drive operational excellence, and equip our employees with the tools they need to be productive wherever they work.”
Using the cloud to drive collaboration, efficiency and speed to market
Moving to Microsoft 365 has helped Raytheon Technologies reduce its landscape of mail and communication platforms by more than 90%, making it easier for employees to work effectively in a variety of settings including on-site and remote workplaces in 40 countries. The extensible capabilities of Microsoft 365 will help Raytheon Technologies address it’s unique needs as a large, international company in a highly regulated industry.
The collaboration will support Raytheon Technologies’ ongoing efforts to reduce the footprint of its data centers by 60%, resulting in faster speed-to-market for products, continuous automation for applications, and greater efficiency, data security and scalability overall.
Creating data-driven insights to deliver new forms of customer value
Raytheon Technologies is leveraging Microsoft Azure to enhance data-driven insights to deliver new forms of customer value through predictive analytics, helping customers stay ahead of potential challenges before they arise.
“The cloud is a huge enabler for Raytheon Technologies’ strategy to drive innovation and growth combined with operational excellence,” said Deb Cupp, president, Microsoft US. “We are excited to partner with them on the move to Azure and Microsoft 365 for seamless, secure collaboration; integrated data platform insights; data center consolidation; and faster time to market for products and services. Through our joint operating model, we remain committed to helping Raytheon execute their digital transformation.”
About Raytheon Technologies
Raytheon Technologies Corporation is an aerospace and defense company that provides advanced systems and services for commercial, military and government customers worldwide. With four industry-leading businesses ― Collins Aerospace, Pratt & Whitney, Raytheon Intelligence & Space and Raytheon Missiles & Defense ― the company delivers solutions that push the boundaries in avionics, cybersecurity, directed energy, electric propulsion, hypersonics, and quantum physics. The company, formed in 2020 through the combination of Raytheon Company and the United Technologies Corporation aerospace businesses, is headquartered in Arlington, Virginia.
Media Contact:
Chris Johnson
202-384-2474
chris.johnson@rtx.com
View original content:https://www.prnewswire.com/news-releases/raytheon-technologies-collaborates-with-microsoft-to-accelerate-key-business-priorities-through-cloud-adoption-301667690.html
SOURCE Raytheon Technologies
Related Quotes
Google has avoided the bloodletting of much of its Big Tech brethren, but a slumping ad market and macroeconomic conditions give it no other choice but to tighten its belt.
Concerns surrounding the growth of big tech do not apply to George Soros. The Federal Reserve's decision to aggressively raise interest rates to fight inflation, which is at a 40-year high, threatens to push the economy into a recession, many analysts say. This inflation, which is particularly impacting consumers, is a huge problem for the technology sector, because tech products and services are the first to suffer from spending cuts.
Warren Buffett — the Oracle of Omaha — is widely regarded as one of the greatest investors of all time. Berkshire Hathaway Inc. (NYSE: BRK-A) has returned tens of thousands of percent over the years and consistently outperforms the market. Buffett purchased the company for just $8.3 million in 1965, and it’s now valued at nearly $700 billion, roughly a 10 million percent return. But one of Buffett’s top all-time picks and longest-held positions is one you might not expect. Berkshire Hathaway fir
Patience can pay off handsomely when you're invested in companies with clearly defined competitive advantages.
Hundreds of workers have rioted at Foxconn's flagship iPhone plant in China, smashing equipment and clashing with hazmat-clad police over pay and living conditions.
Microsoft (MSFT) faces a new threat on its Activision Blizzard deal from The U.S. Federal Trade Commission.
Microsoft's proposed $69 billion takeover of Activision Blizzard could reportedly be blocked by an FTC lawsuit.
According to Adobe, if you’re trying to find the best deals for electronics online, you’ll need to shop on Turkey Day itself.
TikTok is hit or miss for accurate advice on finance topics. Although the "#finance" hashtag has amassed over 989 million views, there is just as much bad advice as there is good. But one user shared a tip that went … Continue reading → The post TikTok Exposed a Major Mistake You May be Making in Your Roth IRA appeared first on SmartAsset Blog.
Staked ETH withdrawals made the cut – but the timeline for when that will happen still isn't any clearer.
Cannabis company Curaleaf Holdings Inc. is eliminating "several positions" as it follows through on cost-control plans it shared with analysts recently. The company did not provide a specific number of job cuts. "Every responsible business is making tough choices right now, and as the cannabis industry evolves and faces unique challenges, we know there will continue to be ups and downs," a company spokesperson told MarketWatch in a statement. "Curaleaf has made the difficult decision to eliminat
Officers will be able to use robots to kill people if they have no other option, according to rules
From Salesforce and Beyond Meat to Snap, Lyft, and Robinhood, big names across a number of sectors have announced major layoffs in October and November
Tech companies are cutting costs and programs, but that could hurt them in the long run.
Microsoft is likely to face an EU antitrust investigation as regulators intensify their scrutiny into its practices in a case triggered by Salesforce.com's workspace messaging app Slack, people familiar with the matter said on Thursday. Last year, Slack complained to the European Commission, saying that Microsoft has unfairly integrated its workplace chat and video app Teams into its Office product. Microsoft introduced Teams in 2017, seeking a slice of the fast-growing and lucrative workplace collaboration market.
The company has informally enlisted former finance minister Alexei Kudrin to win Putin's approval, in principle, for the restructuring plan, according to the report. If Putin gives his final assent at their meeting later in the day, Kudrin is expected to leave his current role of heading the Audit Chamber, a government accountability body, for a leading position at Yandex, the report said. The changes would lead to Yandex's Dutch holding company exiting the Russian market by selling its entire business apart from the international divisions of four key units, it said.
Martello Technologies Group Inc., ("Martello" or the "Company") (TSXV: MTLO), a provider of software that optimizes the Microsoft Modern Workplace environment, a segment of the broader market for digital experience monitoring (DEM) today released financial results for the quarter ended September 30, 2022. Martello software provides businesses with actionable insights on the performance and user experience of cloud services such as video conferencing and voice calls, with a focus on Microsoft Tea
In this article, we will look at the 12 best robotics stocks to buy according to hedge funds. If you want to explore more robotics stocks popular among hedge funds, you can also read 5 Best Robotics Stocks to Buy. The robotics sector is closely connected with numerous other sectors like agriculture, aviation, construction, defense, […]
Half of retirement savers have changed their investment behavior since 2020. Here's why many are enlisting the help of financial advisors.
In this piece, we will take a look at the ten biggest diamond companies in the world. For more companies, head on over to 5 Biggest Diamond Companies in the World. Diamonds are among the most precious and rarest minerals on Earth. Their rarity is due to the fact that it takes thousands of years for […]