IHS Markit to Utilize AWS as Cloud Infrastructure Provider | Financial Buzz

IHS Markit to Utilize AWS as Cloud Infrastructure Provider

Amazon.com, Inc. (NASDAQ: AMZN) Amazon Web Services has been chosen by HIS Markit Ltd. (NYSE: INFO) to be its preferred cloud infrastructure provider as it moves most of its data processing infrastructure, end user applications and service including corporate platforms out of its data centers to AWS.  This move is to improve resiliency and accelerate innovation.  The company plans to migrates hundreds of additional applications within the next three years. 

“IHS Markit helps our customers across a variety of industries – across transportation, financial services, and energy and natural resources – to address strategic and operational challenges. Providing a comprehensive cloud based storage and processing platform across our vast range of data is an important next step in our digital transformation journey,” said Yaacov Mutnikas, Chief Technology Officer and Chief Data Scientist, IHS Markit. “Through the collaboration with AWS, we will be able to analyze global data faster, giving companies an integrated view into the global economy and sectors, and provide the next generation of innovative, customer-focused solutions.”

“With the rapid increase in the velocity and volume of data delivery requirements, it is important that our infrastructure provides scalability and resilience with a standardized security posture,” added Chad Moss, Chief Information Officer at IHS Markit. “Data security, integrity, and confidentiality across different jurisdictions are at the forefront of everything we do, and we will work with AWS to continue to deliver timely insights to clients in every corner of the world.”

“Across industries and around the globe, leading organizations rely on IHS Markit’s analysis and expertise to help them make decisions around improving efficiency, outpacing competitors, and driving growth,” said Mike Clayville, Vice President, Worldwide Commercial Sales at AWS. “The breadth and depth of AWS’s portfolio, including our machine learning and analytics services, will enable IHS Markit to gain greater insights from data and expand their global reach by serving more clients worldwide. We look forward to helping IHS Markit on their digital transformation journey in the cloud as they innovate new services to further their industry leadership.”