Fujitsu And AWS Deepen Global Partnership To Accelerate Legacy Applications Modernization On The Cloud
Portfolio Pulse from Benzinga Newsdesk
Fujitsu Limited and Amazon Web Services (AWS), a subsidiary of Amazon.com, Inc. (NASDAQ:AMZN), have announced an expanded partnership to accelerate the modernization of legacy applications by launching a Modernization Acceleration Joint Initiative. This initiative, starting April 1, aims to assist customers in various industries such as finance, retail, and automotive, by providing assessment, migration, and modernization services for legacy mission-critical applications from on-premise mainframes and UNIX servers to AWS Cloud.
March 18, 2024 | 8:04 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Amazon.com, Inc. (NASDAQ:AMZN) through its AWS subsidiary, expands partnership with Fujitsu to accelerate legacy application modernization, potentially boosting AWS's market share and revenue in cloud services.
The expanded partnership between AWS and Fujitsu to modernize legacy applications signifies a strategic move to capture a larger market share in the cloud services sector. By targeting key industries such as finance, retail, and automotive, AWS is likely to see an increase in demand for its cloud services, which could positively impact Amazon's revenue and market position in the short term. The initiative's focus on mission-critical applications also underscores the potential for significant customer reliance on AWS, further solidifying its competitive edge.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 90