Telefonica and Monitise are expanding their cloud relationship with a platform agreement.
The agreement will see Telefonica explore future projects based on the Monitise cloud platform, which was launched earlier in the year.
The cloud platform is designed to deliver digital services to customers and offer software-as-a-service products in addition to build your own, platform-as-a-service capabilities.
This deal will supersede the previous contract between the two companies which was announced in 2013.
According to Monitise, the development is a continuation of its transition to become a cloud business.
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