Leading analytics provider takes cloud-first approach, migrates
enterprise analytics platform to AWS as part of digital transformation
journey
SEATTLE--(BUSINESS WIRE)--Aug. 14, 2017--
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company (NASDAQ:
AMZN), announced that FICO (NYSE: FICO) has selected AWS as its cloud
provider. FICO has migrated several core applications, including
myFICO.com and its flagship analytics platform, the Decision Management
Suite (DMS), to AWS, and will migrate additional applications over the
next three years. Going cloud-first with AWS will give teams across FICO
access to the most comprehensive set of cloud capabilities, proven
security and compliance, and unmatched operational expertise, allowing
them to deliver high-volume analytics software and tools to enterprises
around the globe, including 95 percent of the largest financial
institutions in the US.
FICO began its migration to AWS with DMS, a platform for
operationalizing real-time analytics and decisions. DMS is also the
foundation for all of FICO’s solutions, which drive business
transformation through predictive analytics, business rules management,
and optimization to institutions and consumers around the world. When
FICO decided to offer DMS as a SaaS solution, it turned to AWS for its
proven security, PCI compliance, and breadth and depth of cloud
capabilities, including serverless computing, containers, analytics, and
machine learning. AWS enables FICO to deploy new applications more
quickly, while reducing costs, and keeping financial data secure.
“When we started to plan for our digital transformation, time to value,
velocity, scalability, cost control and security were our top
priorities. AWS’s experience with other companies in highly regulated
industries, combined with its industry leading technology, made AWS the
obvious choice for FICO,” said Jeet Kaul, VP Engineering at FICO.
“Today, we’re taking a cloud-first approach to development with AWS as
our cloud infrastructure provider. This will allow us to get out of the
business of building data centers, so we can continue our 60-plus-year
history of pioneering data and analytics software to help businesses
improve the precision, consistency, and agility of their complex
decisions.”
“Cloud has become the new normal for even the most highly regulated,
data-sensitive organizations like FICO,” said Mike Clayville, Vice
President, Worldwide Commercial Sales at AWS. “FICO has long been a
leader in applying analytics and algorithms to help enterprises – from
financial institutions and telecommunications firms to automakers,
retailers and manufacturers – use data to make better decisions. By
taking advantage of the cloud with the most proven security, and the
broadest and deepest functionality – including a wide range of analytics
and machine learning technologies – FICO will be able to accelerate its
pace of innovation to help its customers get more insights from their
data and turn that knowledge into action at scale and in real-time.”
FICO joins a growing list of innovative financial institutions running
on AWS, including Capital One, NASDAQ, Liberty Mutual Insurance, Thomson
Reuters, Pacific Life Insurance, DBS Bank, and FINRA.
About Amazon Web Services
For 11 years, Amazon Web Services has been the world’s most
comprehensive and broadly adopted cloud platform. AWS offers over 90
fully featured services for compute, storage, networking, database,
analytics, application services, deployment, management, developer,
mobile, Internet of Things (IoT), Artificial Intelligence (AI),
security, hybrid, and enterprise applications, from 44 Availability
Zones (AZs) across 16 geographic regions in the U.S., Australia, Brazil,
Canada, China, Germany, India, Ireland, Japan, Korea, Singapore, and the
UK. AWS services are trusted by millions of active customers around the
world – including the fastest growing startups, largest enterprises, and
leading government agencies – to power their infrastructure, make them
more agile, and lower costs. To learn more about AWS, visit https://aws.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather than
competitor focus, passion for invention, commitment to operational
excellence, and long-term thinking. Customer reviews, 1-Click shopping,
personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle
Direct Publishing, Kindle, Fire tablets, Fire TV, Amazon Echo, and Alexa
are some of the products and services pioneered by Amazon. For more
information, visit www.amazon.com/about
and follow @AmazonNews.
About FICO
FICO (NYSE: FICO) powers decisions that help people and businesses
around the world prosper. Founded in 1956 and based in Silicon Valley,
the company is a pioneer in the use of predictive analytics and data
science to improve operational decisions. FICO holds more than 170 US
and foreign patents on technologies that increase profitability,
customer satisfaction and growth for businesses in financial services,
telecommunications, health care, retail and many other industries. Using
FICO solutions, businesses in more than 100 countries do everything from
protecting 2.6 billion payment cards from fraud, to helping people get
credit, to ensuring that millions of airplanes and rental cars are in
the right place at the right time. Learn more at http://www.fico.com.
Join the conversation at https://twitter.com/fico
& http://www.fico.com/en/blogs/.
FICO is a registered trademark of Fair Isaac Corporation in the US and
other countries.

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Source: Amazon Web Services, Inc.
Amazon.com, Inc.
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