FICO, a leader in analytics software, has announced a strategic partnership with Amazon Web Services (AWS) aimed at accelerating digital transformation for businesses globally. This collaboration, which builds on their longstanding relationship, seeks to empower organizations with automated, AI-driven decision-making capabilities through the FICO Platform, now enhanced for better accessibility via AWS.
A key component of this partnership includes the availability of FICO’s Decision Modeler, the first solution featured in the AWS Marketplace, tailored to provide users with improved flexibility and accuracy in decision management. The integration with AWS Marketplace allows for simpler procurement processes and leverages AWS’s robust scalability and security, offering significant advantages to customers across varied industries.
In tandem with making its solutions more accessible, FICO plans to deepen its engagement with AWS partner programs to drive platform adoption among new clients. They will also engage in collaborative development at the AWS Generative AI Innovation Center, aiming to create innovative AI capabilities for the FICO Platform.
Scott Mullins, Managing Director of Worldwide Financial Services at AWS, remarked on the powerful tools provided by FICO for facilitating data-driven financial decisions and highlighted the partnership’s commitment to delivering meaningful business results through advanced analytics and AI.
FICO has a rich history in predictive analytics and data science, dating back to 1956, and continues to serve clients in over 80 countries, enhancing profitability and customer satisfaction across multiple sectors. The joint effort with AWS represents a hopeful advancement in the financial technology landscape, aiming to unlock greater business value through state-of-the-art analytics and technology.
This collaboration not only signifies technological innovation but also reflects the significant potential of AI in transforming decision-making processes across industries, paving the way for improved organizational efficiency and growth.