With the agreement, Capgemini will market and deliver services on the Windows Azure platform, Microsoft's cloud platform, with a focus first on the UK, the Netherlands, the US, Canada, France, Belgium and Brazil.
There will also be targeted market offers across sectors including financial services, the public sector, energy and utilities.
The Windows Azure platform delivers cost-effective development and deployment options on a flexible platform that offers increased speed to market, according to the statement.
The joint plan will support businesses in developing cloud strategies, giving new alternatives to deal with legacy and M&A challenges.
Capgemini will also work with Microsoft as an ecosystem coordinator among software providers that have created solutions on the Windows Azure platform for specific markets.
Capgemini and Microsoft will jointly invest in sales, technical training and various marketing activities.
In Latin America, Capgemini has presence in Argentina, Brazil and Mexico.