New York, Mar 6 (IANS): Microsoft on Monday announced that its hybrid-cloud solution "Azure Stack Technical Preview 3 (TP3)" is now available for Indian businesses which enables customers run Azure Cloud in on-premise environments with pay-as-you-use pricing.

"Azure Stack Technical Preview 3 (TP3)" is an extension of Microsoft Azure and brings the agility and fast-paced innovation of cloud computing on premise, the company said in statement.

As with Azure, there are no upfront licensing fees for using Azure services in Azure Stack and customers only pay when they use the services.

Services are transacted in the same way as they are in Azure, with the same invoices and subscriptions.

Services will be typically metered on the same units as Azure, but prices will be lower, since customers operate their own hardware and facilities.

With Azure Stack's consistent hybrid application development, people, processes and applications are transferable between Azure and Azure Stack.

Azure services are available on-premises. Infrastructure-as-a-Service (IaaS) and Platform-as-a-Service (PaaS) on-premises empowers organisations to have flexibility to choose the right combination of public, service provider and on-premises deployment models.