- CSG Systems International (CSGS, Financial) collaborates with Amazon Web Services (AWS) to accelerate cloud transformation in telecommunications and financial services.
- The new initiative promises up to 60% reduction in total cost of ownership for global enterprises.
- CSG and AWS will jointly present the benefits of their collaboration at the upcoming TM Forum DTW Ignite 2025 in Copenhagen.
In an effort to support rapid digital transformation within the telecommunications and financial services industries, CSG Systems International (NASDAQ: CSGS) has announced an expanded collaboration with Amazon Web Services (AWS). This strategic agreement aims to accelerate cloud migration, offering up to 60% reduction in total cost of ownership for enterprises.
The collaboration will leverage advanced cloud-native technologies, providing CSG customers access to innovative capabilities like AI, Agentic AI, and GenAI. These tools will assist businesses in scaling efficiently, optimizing investments, and delivering enhanced customer experiences.
"As industries increasingly prioritize cloud transformation, scalable and cost-efficient platforms become essential," commented Mayoor Mahendra, Vice President of Network Solutions at CSG. This partnership with AWS seeks to enhance CSG’s Converged Mediation solution by integrating it with AWS’s global infrastructure, enabling faster modernization and innovation for telecommunications and banking leaders.
Additionally, CSG and AWS have committed to co-investing in the expansion of cloud-native capabilities, focusing on technical enablement and platform innovation. Michael Singer, Director of North America Telecommunications at AWS, emphasized the shared vision of modernizing global enterprises and improving business outcomes through a cloud-native strategy, backed by GenAI.
The enhanced collaboration and its benefits will be showcased at the TM Forum DTW Ignite 2025 event in Copenhagen, where attendees can visit the CSG booth (#310) to learn more.