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Noventiq Signs Strategic Collaboration Agreement with AWS to Accelerate Cloud Adoption and use of AI Worldwide

India, India, 20 June 2024 — Noventiq, a global leader in digital transformation and cybersecurity solutions and services provider, today announced it has signed a Strategic Collaboration Agreement (SCA) with Amazon Web Services (AWS) to provide businesses worldwide with scalable, secure, and innovative cloud solutions, including machine learning and generative artificial intelligence (AI) services, to drive growth and efficiency.

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Under the SCA, Noventiq will accelerate the digital transformation of enterprises, SMBs, public sector, and startups in key sectors like financial services, manufacturing, media and entertainment, and retail across the globe. Noventiq aims to migrate more than 1,000 customers from on-premises infrastructure to the world’s most comprehensive and broadly adopted cloud by 2027 to enable customers to capitalise on new age cloud technologies like AI.

This goal includes delivering large transformation projects, like the project Noventiq did for Profectus Capital, a financial institution that caters to small-and medium-sized businesses (SMBs). With Noventiq and AWS, Profectus developed a data lake on AWS that uses AWS Glue, Amazon S3, and Amazon Redshift. As a result, Profectus now has an instant, 360-degree view of insights across multiple systems to help streamline the decision-making process around loan sanction. A clear example of the project’s outcomes is Profectus’s ability to utilize a data lake to harness unstructured data for lead generation. The company’s sales team processed approximately one million annual school reports available in the public domain as PDFs. Using Amazon Textract to extract key information, they successfully identified schools in need of loans.

With AWS, Noventiq will open a new global AWS Cloud Center of Excellence (CCoE) in India to drive innovation and technology best practices. The global CCoE will be responsible for a wide range of functions, including governance, oversight, and coordination of all cloud initiatives, integrating sales and marketing efforts into practices, and driving accountability for results. The CCoE will operate across several realms including research, evangelizing new solutions, applying strategic initiatives, leading market engagement, and mentoring within the organization.

As part of its global expansion to the Middle East and Europe, Noventiq is also expanding its AWS operations with five local AWS CCoEs and five Regional Delivery Centers (RDCs) in the UK, the Netherlands, Germany, the UAE, and Saudi Arabia, on top of the previously launched centres in APAC and LATAM to grow the company’s local AWS delivery capabilities.

To ensure the success of the CCoEs and RDCs, Noventiq will launch comprehensive training and development programs to nurture future technology leaders and foster talent development, besides creating a robust system to recruit, train, and elevate junior talent. Noventiq will launch an AWS Center of Learning as part of the SCA, to attain 1,000 AWS Certifications in the next three to five years. These skills will help Noventiq’s consultants, engineers, architects, and developers in key business units become well versed in building solutions on AWS. Noventiq will also recruit 250 AWS specialists by 2027 for the CCoEs and RDCs to support the company’s growth trajectory and enhance its capabilities in delivering advanced cloud solutions.

Vinod Nair, president, Noventiq India, said, “Our strategic collaboration agreement with AWS marks a significant milestone in our global expansion. The opening of our Cloud Center of Excellence represents more than just a commitment to digital transformation – it is a testament to our dedication to fostering innovation and enabling cloud-based modernization for organizations worldwide. According to the IDC, the public cloud services market is expected to reach $17.8 billion by 2027 in India alone. This represents a huge opportunity for us, and working with AWS will help us empower organizations to leverage the full potential of AWS, ensuring that they are well-equipped to meet the challenges and opportunities of the digital era.”

Praveen Sridhar, head of Partner Business, AWS India and South Asia, said, “We are delighted to collaborate with Noventiq and fully support their initiative to launch a dedicated Cloud Center of Excellence to accelerate cloud adoption in India and globally. This shows our shared commitment to delivering unparalleled value to customers and enabling them to leverage the full potential of generative AI and the latest cloud capabilities on AWS. This collaboration not only enhances our joint capacity to adapt and grow with the evolving digital landscape, it also propels digital innovation into the future.”

Kyndryl Introduces New Threat Insights Services for AWS

India, 6th June, 2024 – Kyndryl , the world’s largest IT infrastructure services provider, today announced the Kyndryl Threat Insights Managed Service is available using Amazon Security Lake. The service automatically centralizes an organization’s security data from across their Amazon Web Services (AWS) environments, to provide customers with greater visibility, driving enhanced identification, mitigation, and response of sophisticated cybersecurity risks.

The announcement builds on Kyndryl’s successful collaboration with AWS, under which the companies have co-invested and co-innovated to build differentiated, scalable security and resiliency offerings. The Kyndryl Threat Insights Managed Service uses Amazon Security Lake to centralize data and apply analysis, resulting in deep insights not possible with siloed, disparate security technologies. Integrated into Kyndryl Bridge, customers benefit from a consolidated view of security risks that could negatively impact their business.

Through the service, Kyndryl provides customers with options for:

Enhanced cyber resilience: Using an integrated approach coupling security and resiliency improves a customer’s ability to anticipate, protect, withstand, and recover from cyber incidents. Kyndryl Threat Insights Managed Service bolsters an organization’s ability to better anticipate and protect against cyber threats and business-critical operational disruptions.

Improved visibility and simplicity to mitigate cybersecurity risk: Mitigating risk is a key challenge as digital estates transform and grow in complexity to meet business objectives. Through the service, customers use a single pane view into their security and resiliency risks. This helps accelerate their decision-making capabilities for faster intelligence-driven threat detection and more effective and informed response.

Security operations, including artificial intelligence (AI) / machine learning (ML)-empowered analysis: Anomaly detection with threat intelligence enhancement, coupled with AI/ML-based analysis, allows the service to assess security data, provide insights and prioritize investigation. This results in actionable security insights that allow customers to benefit from an integrated approach for greater detection and automated response, which simultaneously enhances customers’ compliance initiatives.

“Security leaders understand that cyber incidents are inevitable, and they know it’s essential to have sufficient visibility to drive quick response,” said Michelle Weston, VP of Security & Resiliency, Kyndryl. “By joining Kyndryl’s deep cybersecurity expertise with the benefits of Amazon Security Lake, we can address the urgent need for an integrated approach to security and resilience, empowering our customers to not only anticipate and protect against threats, but also to quickly withstand and recover.”

Minfy Signs Multi-Year Strategic Collaboration Agreement With AWS To Support USD 500 million in Global Business Growth

HYDERABAD, India — March 28, 2024 Minfy, a premier Amazon Web Services (AWS) Partner and cloud native systems integrator based in India, today announced a Strategic Collaboration Agreement (SCA) with AWS that will deepen Minfy’s use of cloud services and artificial intelligence (AI). The SCA will support US$500 million in overall business growth through international expansion over the next four years.

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Under this multi-year agreement with AWS, Minfy will help enterprises across multiple industries worldwide leverage AI and cloud technologies to deliver new solutions, like the Swayam.ai generative AI app store. Swayam.ai serves healthcare, aerospace, logistics, manufacturing, and public sector customers worldwide with solutions including intelligent chatbots, sentiment analysis tools, and text-to-video conversion.

Minfy plans to further international expansion in the U.S., Australia, and in Southeast Asian countries like Malaysia and Philippines with AWS. This includes strengthening go to market plans, hiring local talent and building solutions that are relevant to customers. Having completed more than 500 AWS engagements to date, Minfy was recognized by The Financial Times in 2022 as one of Asia Pacific’s fastest-growing companies with a USD $100 million annualised revenue rate.

Under this agreement, Minfy’s digital solutions in healthcare, logistics, and manufacturing will help in transitioning workloads to AWS. Minfy’s solutions will enable enterprises to prioritize AI adoption, embrace cloud-driven transformation, and develop new digital capabilities to enhance their operations. Minfy is also accelerating its use of AWS’s cloud-enabled capabilities such as Amazon SageMaker and Amazon Bedrock to power the generative AI solutions on Swayam.ai. AWS and Minfy will be at the forefront of driving AI-led digital transformation together, using AWS’s advanced AI and machine learning (ML) capabilities like AWS Inferentia and AWS HealthLake to build new generative AI solutions, migrate workloads, develop intelligent applications, and enhance operational efficiency for Minfy’s customers. The collaboration will also allow Minfy to draw on AWS’s DevOps’ cloud capabilities to modernize their customers’ IT infrastructure, as well as use Amazon Elastic Kubernetes Service, Amazon Elastic Container Service, Amazon Aurora, and Amazon RedShift to better manage their customers’ cloud-based databases.

Minfy will upskill its workforce over the next four years in core AWS competencies across areas like healthcare, data analytics, and ML as it deepens the use of cloud and AI technologies with AWS. Across the organisation, Minfy aims to train its technical, sales, and business professionals with more than 1,000 AWS certifications and accreditations. As part of the SCA, Minfy will also establish a Cloud Centre of Excellence to better centralize knowledge, standardize solution adoption, scale specialized advisory services, and improve solution access across Minfy’s global offices.

“We are thrilled to scale internationally and drive innovation using AI with AWS. This association signifies Minfy’s collaborative vision and leverages AWS’s leading innovation in cloud and AI to expand and redefine the range of offerings for our customers,” said Vikram Manchanda, CEO of Minfy Technologies. “Together, we aim to unlock new possibilities in AI and cloud, driving innovation and delivering exceptional value to our customers globally. Our commitment is not just to technological advancement, but to enable a future where data and generative artificial intelligence augments human effort and creativity.”

“With more than seven years of experience, Minfy has built strong cloud methodologies and practices, especially in large-scale and complex migrations, helping more than 400 AWS customers realize the benefits of cloud technologies and AI in their businesses,” said Vijay Jain, founder and director of Minfy. “We will make significant investments in the training and certification of our existing staff, hiring of AWS engineering talent, co-development of solutions in the Minfy-AWS Cloud Center of Excellence, and the acquisition of several AWS Competencies along with AWS Service Delivery designations. Minfy will draw on AWS’s support to enhance AWS Competencies in relevant areas like healthcare, government, data analytics, managed security services provision and machine learning.”

“Our collaboration with Minfy, leveraging AWS’s cloud and digital capabilities, has been highly beneficial for our business. The innovative solutions and strategic guidance from Minfy have not only streamlined our operations but also opened doors to new opportunities and growth,” said Sumesh Rahavendra, CTO and Digital Officer, POS Malaysia. “Minfy’s commitment to understanding our unique challenges and delivering tailored, cutting-edge solutions have truly transformed the way we use technology, setting a new benchmark for excellence in our industry.”

“AWS is committed to helping local partners like Minfy drive growth and expand internationally,” said Chris Casey, head, Partner Management, Asia Pacific and Japan, AWS. “Minfy’s expertise in cloud migrations, combined with AWS’s breadth of services, unlocks new solutions ranging from personalized patient care in healthcare to workplace safety and prevention in the manufacturing industry. We look forward to extending and deepening this collaboration with Minfy to address the critical real-world challenges faced by businesses today, and to accelerate innovation for our mutual customers locally, regionally, and globally.”

Max Life Accelerates Cloud Transformation with AWS

Today, Amazon Web Services (AWS), an Amazon.com company, announced that Max Life Insurance Co. Ltd. (Max Life) has selected AWS as its cloud provider to become a digital life insurance company. Using the breadth and depth of AWS Cloud capabilities, including storage, compute, and data analytics, Max Life automated the issuance of new insurance policies, enabling customers to buy insurance in as little as 30 minutes.  Max Life’s digital transformation has positively affected customer loyalty and agent productivity. Agent productivity has increased by 40%. In addition, growing Max Life’s cloud footprint from 18% to 40% has helped improve the company’s infrastructure resiliency, which can now easily support business spikes, such as during new insurance product launches. With AWS, Max Life customers get a swifter, frictionless insurance experience with digital services, like online premium payment options.

Indian customers increasingly interact with companies through digital channels, and they expect faster and more personalized services, like automated claims and disbursals. To meet this demand, Max Life uses AWS Lambda, a serverless compute service, and Amazon Elastic Compute Cloud (Amazon EC2), which provides secure, resizable compute capacity in the cloud, to automatically scale workflows to better support customers during peak periods. Using Amazon Simple Storage Service (Amazon S3), an object storage service, Max Life has built a data lake that centrally stores the company’s structured and unstructured data at scale. This lake helps Max Life to better research and develop new customer services, and it increases operational efficiencies, enabling improved customer interactions. AWS Glue, a serverless data integration service, consolidates and analyzes anonymized customer data stored in the lake to give Max Life a 360-degree customer view for delivering personalized customer experiences, like specific coverage at lower premiums.

Manu Lavanya, Director and Chief Operations Officer at Max Life said, “The life insurance industry is going through a significant digital transformation driven by the need for business to be extremely agile and flexible. By adopting AWS, Max Life has created a modern, future-ready digital infrastructure to support this transformation. AWS’s advanced cloud capabilities and the agility of the cloud enable us to experiment and innovate at a rapid pace to provide best-in-class customer experiences.”

“Max Life is using the broad suite of AWS services to make insurance more intelligent and customer-centric,” said Puneet Chandok, President of Commercial Business at AWS India and South Asia, AISPL. “By automating the insurance process for customers, Max Life is making insurance simple and easy to buy. With the scalability and agility of AWS, Max Life is taking insurance into a new generation of innovative products and services to improve the lives of customers across India.”

CurveUp now offers free AWS re/Start cloud skills training program in Sri Lanka

In order to address the widening skills gap in the cloud computing sphere and provide individuals the opportunity to build cloud skills, CurveUp, a leading technology consultancy and education provider, is collaborating with Amazon Web Services (AWS) to provide free cloud computing skills development and job training through the AWS re/Start program across Sri Lanka.

 

AWS re/Start is a 12-week training program that covers fundamental AWS Cloud skills as well as practical career skills, such as interviewing and resume writing, to help individuals prepare for entry-level cloud roles.

 

The IT sector in Sri Lanka employs 150,000 people, exhibiting tremendous interest in the sector. The internet penetration has covered more than 50% of entire the population and the post-Covid environment has further enabled online-based learning in Sri Lanka 2 . Together, CurveUp and AWS re/Start are helping to build an inclusive, diverse global pipeline of new cloud talent by engaging individuals who otherwise might not have had access to this career path.

 

The program helps prepare unemployed or underemployed individuals, including those without any IT experience or traditional higher education, who are seeking to launch new careers in the highly evolving technology sector. Mohammed Fawaz, Founder of CurveUp said, “Sri Lanka undoubtedly has immense potential when it comes to its diverse pool of talent and resources. We couldn’t be happier with this collaborative effort with AWS. Initiating the AWS re/Start program may open doors to many opportunities to people willing to develop their knowledge and skills in cloud, and we look forward to welcoming individuals from all walks of life.”

 

The program focuses on skills development, including for Linux, Python, networking and security, and relational databases, and will include scenario-based exercises, hands-on labs, and coursework. The program will be taught through an online learning platform by certified and experienced trainers. AWS re/Start is free to learners, and also covers the cost to take the AWS Certified Cloud Practitioner exam. This AWS Certification helps validate the cloud skills of the leaners with an industry-recognized credential.

 

Emmanuel Pillai, Head of AWS Training and Certification, Amazon Web Services Singapore Private Limited in ASEAN, said, “As a native Sri Lankan, I am proud to see the AWS re/Start launch in this country. AWS re/Start brings “net-new” talent into the workforce, establishing a win-win-win scenario for individuals to launch successful careers in cloud, organizations to increase their competitive edge with in-demand talent, and communities to thrive and grow. We are proud to work with CurveUp to build the diverse, robust cloud workforce of the future enabling organizations to accelerate their innovation with the AWS Cloud.”

 

Ultimately, AWS re/Start helps individuals prepare for entry-level cloud roles, such as cloud operations, site reliability, and infrastructure support. This collaboration with AWS re/Start allows CurveUp to nuture cloud talent in Sri Lanka and create a strong learning environment which benefits the industry at large. CurveUp can also identify and fulfil untapped talent and may provide them with job opportunities by connecting them with many large employers in the country.

 

The AWS re/Start program is part of Amazon’s efforts to help 29 million people globally grow their cloud computing skills for free by 2025.