Genpact and AWS Forge Strategic Partnership to Accelerate AI Adoption Across Industries

Genpact signs collaboration agreement with AWS to accelerate AI adoption (NYSE:G)

Genpact (NYSE:G) announced a multi-year collaboration agreement with Amazon Web Services (AWS) with plans to accelerate the adoption of AI. By simplifying access to cutting-edge data and AI technologies, Genpact and AWS are allowing a broad range of decision-makers to drive innovation within their organizations. Source: Press Release More on Genpact Genpact Limited (G) Q3 2024 Earnings Call Transcript Genpact Rising On AI Demand, New 3 + 1 Initiative, And Tailwinds Genpact Non-GAAP EPS of $0.85 beats by $0.05, revenue of $1.21B beats by $30M Genpact Q3 2024 Earnings Preview Seeking Alpha's Quant Rating on Genpact

Genpact Teams Up With Amazon Web Services To Accelerate AI Adoption Across Industries - Genpact (NYSE:G)

The collaboration aims to simplify access to AI, driving innovation and value across various industries. Genpact Limited G shares are trading higher premarket on Wednesday. The company disclosed a multi-year Strategic Collaboration Agreement with Amazon Web Services (AWS) to accelerate AI adoption and enable business leaders across various functions to leverage its transformative potential. Genpact and AWS are simplifying access to advanced data and AI technologies, empowering decision-makers such as CFOs, COOs, procurement, and operations leaders to foster innovation within their organizations. This collaboration highlights the combined strengths of Genpact and AWS in delivering flexibility and driving greater business value for customers across various industries. Murat Aksu, Global Leader for Partnerships, Genpact, said, "This Strategic Collaboration Agreement will break down traditional barriers to AI adoption, making it accessible to business leaders beyond the CIO's office, and help our clients accelerate value through AI-driven insights and solutions." Bob Guilmette, Chief Information Officer, Revol One Financial commented, "With AWS and Genpact's advanced technology expertise, we are streamlining operations, accelerating product launches, and enhancing digital customer experiences, positioning ourselves for sustainable growth and a competitive edge over legacy insurers." Last month, Genpact disclosed the extension of its partnership with Ferring Pharmaceuticals. The renewed multi-year agreement will advance the transformation of Ferring's finance, accounting, and procurement operations through the use of AI and other advanced technologies. Investors can gain exposure to Genpact via Innovator IBD Breakout Opportunities ETF BOUT and Elevation Series Trust SRH U.S. Quality ETF SRHQ. Price Action: G shares are up 2.96% at $47.00 premarket at the last check Wednesday. Read Next: If You Invested $1000 In Bitcoin When Nvidia's Jensen Huang Said Crypto Is 'Going To Be Here For A Long Time,' Here's How Much You'd Have Now Photo by Sundry Photography via Shutterstock. Market News and Data brought to you by Benzinga APIs

Genpact Signs Strategic Collaboration Agreement with AWS to Accelerate AI Adoption

Multi-year collaboration aims to expand artificial intelligence (AI) adoption, foster innovation, and enhance industry-specific solutions for diverse business leaders Genpact (NYSE: G), a global professional services and solutions firm delivering outcomes that shape the future, today announced a multi-year Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) with plans to accelerate the adoption of AI and empower business leaders across functions to harness its transformative potential. By simplifying access to cutting-edge data and AI technologies, Genpact and AWS are allowing a broad range of decision-makers -- from CFOs and COOs to procurement and operations leaders -- to drive innovation within their organizations. "Our collaboration with AWS is focused on bringing AI innovations directly to the forefront of decision-making across every line of business," said Murat Aksu, Global Leader for Partnerships, Genpact. "This Strategic Collaboration Agreement will break down traditional barriers to AI adoption, making it accessible to business leaders beyond the CIO's office, and help our clients accelerate value through AI-driven insights and solutions." While AI innovations were previously centralized within IT functions, this expanded collaboration ensures that advanced technologies can now be seamlessly integrated into all business lines. Genpact's collaboration with AWS democratizes AI capabilities, offering tailored solutions that meet the unique needs of multiple business areas, empowering them to solve complex challenges with agility and efficiency. "Thanks to the Genpact and AWS collaboration, we've been able to become a fully cloud-native fixed-annuity provider," said Bob Guilmette, Chief Information Officer, Revol One Financial. "With AWS and Genpact's advanced technology expertise, we are streamlining operations, accelerating product launches, and enhancing digital customer experiences, positioning ourselves for sustainable growth and a competitive edge over legacy insurers." As an AWS Premier Tier Services Partner, Genpact brings deep expertise in AI, data, and analytics. With nearly 1,000 certified AWS professionals, Genpact helps clients unlock the full potential of AWS services, including Amazon Connect and Amazon OpenSearch, to modernize operations and scale AI solutions. Genpact's numerous offerings in AWS Marketplace include: ContactUs.Ai: an end-to-end AI-powered customer experience solution Property Contents Claim solution: powered by generative AI, allows seamless digital experience and automation from inventory creation through settlement riskCanvas Discovery: empowers financial institutions with process improvement and automation, including generative AI integration for efficient financial crime prevention and compliance "We are expanding our collaboration with Genpact to drive AI transformation across industries," said Rima Olinger, Managing Director, North America Partners, AWS. "Genpact's industry expertise and advanced technology capabilities make them a valuable partner in helping organizations harness AI effectively, empowering business leaders to leverage data-driven insights and achieve their strategic objectives." This collaboration underscores the value of Genpact and AWS to provide flexibility and unlock greater business value for customers across industries. To learn how Genpact and AWS help enterprises across every industry and function, click here. About Genpact Genpact (NYSE: G) is a global professional services and solutions firm delivering outcomes that shape the future. Our 125,000+ people across 30+ countries are driven by our innate curiosity, entrepreneurial agility, and desire to create lasting value for clients. Powered by our purpose - the relentless pursuit of a world that works better for people - we serve and transform leading enterprises, including the Fortune Global 500, with our deep business and industry knowledge, digital operations services, and expertise in data, technology, and AI.