S&P World and AWS to Pioneer Subsequent Technology Expertise for World Markets

Corporations announce new multi-year strategic collaboration

NEW YORK, Feb. 8, 2023 /PRNewswire/ — S&P World (NYSE: SPGI) and Amazon Net Providers (AWS), an Amazon Inc. firm (NASDAQ: AMZN), at this time introduced a brand new multi-year strategic collaboration settlement. With AWS as its most well-liked cloud supplier, S&P World will improve its cloud infrastructure, speed up enterprise progress, engineer new improvements for key trade segments, and assist their prospects navigate quickly altering market situations.

Constructing on AWS and S&P World’s longtime relationship, the brand new strategic collaboration will lengthen the supply of superior, safe, cloud-based companies to greater than 100,000 of S&P World’s authorities and enterprise prospects in 43 international locations world wide—additional rising the 65% of software workloads it already runs on AWS. As a part of the collaboration, S&P World may also transfer its Capital IQ and remaining core knowledge platforms to AWS by 2025 and develop new capabilities that allow its prospects to judge danger and progress alternatives for his or her organizations.

The brand new settlement will develop S&P World’s use of world-class cloud infrastructure throughout its divisions, utilizing AWS to enhance knowledge and product availability and enhance effectivity and productiveness for its workers and prospects across the globe. S&P World offers firms the info and insights to assist them face more and more advanced challenges, extra quickly reply to market alternatives, and streamline enterprise operations. S&P World will carry collectively disparate knowledge units and merchandise to ship new superior analytics and insights throughout a spread of sectors, together with local weather, sustainability, vitality transition, and personal markets knowledge, serving to their prospects discover new, extra sustainable methods to do enterprise.

“This transformative collaboration with AWS exemplifies our give attention to increasing the potential of information and know-how, a key pillar in our technique to energy world markets,” mentioned Douglas L. Peterson, President and Chief Government Officer of S&P World. “Our distinctive knowledge, analytics, and insights together with AWS’ unmatched reliability, safety, and know-how will drive innovation throughout our companies and create worth for all of our mutual prospects.”

“Along with S&P World, we are going to ship new applied sciences that may assist prospects throughout all industries reap the benefits of superior market knowledge and innovate extra quickly,” mentioned Adam Selipsky, CEO of Amazon Net Providers, Inc. “Our mutual prospects are on the lookout for methods to proceed to invent, diversify, and develop as they face at this time’s difficult financial situations. “With the brand new applied sciences developed by our organizations, authorities and enterprise prospects from each market section now have the instruments to each innovate and navigate uncertainty.”

The collaboration will see S&P World work with AWS to develop cloud-based companies, utilizing a long time of complete market knowledge and insights. This can present prospects with fashionable and scalable know-how companies for knowledge discovery and buyer integration, using the most recent in knowledge science, analytics, and synthetic intelligence. Collectively, S&P World and AWS will ship new insights, danger assessments, and predictive modeling to our prospects sooner and with larger granularity.

As well as, the businesses are constructing on their earlier strategic initiatives, such because the collaboration with S&P World’s Enterprise Information Administration answer (EDM), and exploring new areas for collaboration on built-in go-to-market approaches, product improvement, channel distribution, and different potential business alternatives.

The collaboration reinforces S&P World’s efforts to optimize its knowledge and know-how property and infrastructure, a cornerstone of the brand new strategic framework launched throughout its 2022 Investor Day. S&P World has elevated its funding in technological innovation lately, establishing a number one function in synthetic intelligence analysis and product supply. By the appliance of its proprietary capabilities, together with these developed by Kensho, S&P World is offering next-generation analytics, synthetic intelligence, machine studying, and knowledge visualization programs to the company, monetary companies, and intelligence markets.

As part of their migration to the cloud, give attention to cloud-native improvement, and rising applied sciences, S&P World has skilled over 8,000 workers in 2022 and stays dedicated to investing in its folks and offering technical coaching to assist people to have a affluent profession in info know-how.

About S&P World
S&P World (NYSE: SPGI) gives important intelligence. We allow governments, companies and people with the correct knowledge, experience and linked know-how in order that they will make choices with conviction. From serving to our prospects assess new investments to guiding them by means of ESG and vitality transition throughout provide chains, we unlock new alternatives, resolve challenges and speed up progress for the world. We’re extensively wanted by lots of the world’s main organizations to supply credit score scores, benchmarks, analytics and workflow options within the world capital, commodity and automotive markets. With each one among our choices, we assist the world’s main organizations plan for tomorrow, at this time.

Contact

S&P World

Traders:

Mark Grant
Tel: + 1 347 640 1521
[email protected]

Media:

Ola Fadahunsi
Tel: +1 332 210 9935
[email protected]

Ahead-Wanting Statements: 

This press launch incorporates “forward-looking statements,” as outlined within the Personal Securities Litigation Reform Act of 1995.  These statements, together with statements about S&P World Inc. and its subsidiaries (the “Firm”), which specific administration’s present views regarding future occasions, tendencies, contingencies or outcomes, seem at numerous locations on this press launch and use phrases like “anticipate,” “assume,” “consider,” “proceed,” “estimate,” “count on,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “mission,” “technique,” “goal” and comparable phrases, and future or conditional tense verbs like “may,” “could,” “may,” “ought to,” “will” and “would.” For instance, administration could use forward-looking statements when addressing subjects equivalent to: the Firm’s settlement and relationship with AWS; expectations about its technological infrastructure; end result of contingencies; future actions by regulators; adjustments within the Firm’s enterprise methods and strategies of producing income; the event and efficiency of the Firm’s companies and merchandise; and the anticipated influence of future collaborations and investments.

 

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SOURCE S&P World