- Experian selects AWS as its preferred cloud provider to enhance performance and scalability.
- The partnership is part of a 10-year strategic agreement focusing on generative AI use-cases.
- Experian reports a 60% reduction in data processing time with this transition.
Experian, a global leader in data and technology, has announced a strategic partnership with Amazon Web Services (AWS), part of Amazon.com, Inc. (AMZN, Financial), to accelerate its migration to the cloud. This move aims to enhance performance, scalability, and security while leveraging AWS's analytics and AI capabilities to provide financial organizations with real-time intelligence.
By shifting from mainframe computers to AWS's cloud infrastructure, Experian plans to centralize its technology platforms and improve its predictive capabilities. This transformation is expected to drive operational efficiency and foster innovation, enabling Experian to offer more secure and scalable solutions to its clients. As part of this initiative, the company intends to develop over 100 generative AI use-cases, which will help streamline database migrations and optimize data transfer processes.
Rodrigo Rodrigues, Chief Technology Officer at Experian, highlighted the impact of this migration, stating that the move to AWS has resulted in a 60% reduction in data processing time and has significantly improved the company's ability to launch new products. This transition allows Experian to provide real-time credit data analysis, enhancing customer service capabilities.
The collaboration underscores both companies' commitment to creating transformative experiences in the digital landscape, fostering growth, trust, and innovation. With AWS's advanced threat detection and mitigation capabilities, Experian can ensure high levels of data protection and regulatory compliance, further solidifying its position as a leader in the industry.
