Experian is advancing its technological infrastructure by accelerating its migration to Amazon Web Services (AWS), as part of a 10-year strategic agreement focused on the development of generative artificial intelligence (AI) capabilities. The partnership aims to enhance Experian's performance and reliability by transitioning from mainframe computers and on-premises servers to AWS's cloud infrastructure.

The migration is set to centralize Experian's technology platforms in the cloud, enabling the company to derive deeper insights and predictive capabilities. This strategic shift is expected to improve operational efficiency and data handling security, as well as reduce data processing time by 60%. Additionally, Experian has reported improvements in product launch timelines, reducing them from months to weeks.

AWS's cloud infrastructure will support Experian in analyzing credit data in real-time, a significant enhancement for the global data and technology company. Experian is listed on the London Stock Exchange and headquartered in Dublin, Ireland.

Managing Director of Worldwide Financial Services at AWS, Scott Mullins, said: "AWS is delighted to partner with Experian to unlock opportunities that drive innovation, increase agility, and accelerate their modernization."

Chief Technology Officer at Experian, Rodrigo Rodrigues, said: "Our initial migrations gave us enhanced performance, security, and reliability, making it an easy choice to take that a step farther and embrace a cloud-first strategy.

"Having our data readily available in the cloud sets us up to invest in new capabilities like generative AI and advance products and solutions for our clients with proven security."

Experian plans to develop over 100 generative AI use-cases in collaboration with AWS. This initiative is part of the company's broader strategy to leverage cloud technology for innovation and enhanced customer service.

"By moving to AWS, we've reduced our data processing time by 60%, improved our ability to launch new products from months to weeks, and can now analyze credit data in real-time to better serve our customers," said Rodrigues.