Genpact Limited (NYSE: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 (NYSE:BOUT) and Elevation Series Trust SRH U.S. Quality ETF (NYSE:SRHQ).
Price Action: G shares are up 2.96% at $47.00 premarket at the last check Wednesday.
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