Yahoo! India on 5 July 2012 signed an agreement with Indian Institute of Technology (IIT) Madras to support its faculty and students in Cloud Computing Research. The project costs around 50 lakh rupees. The lab will be available for cloud computing courses and doctoral candidates. The students will be able to start to work in lab from next semester.
As per Yahoo Vice-President Hari Vasudev, Indian product offering generates over 200 terabytes of data in a week. Such big data research performed at the R&D lab would likely to help Yahoo in analysing data, which is later be used to improve its various products like Yahoo Home Page, Yahoo Slides. So the agreement is helpful for yahoo as well as for IIT-Madras.
Cloud Computing is the release of computing and storage capacity as a service to different community of end-recipients. It gives services with a user data, software and computation over a network.
Recently in November 2011, Yahoo! India launched a free online video service. By this, Yahoo! video will give the real matter across various sorts like news, entertainment, lifestyle and movies.
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