Financial technology leader accelerates
artificial intelligence efforts leveraging the cloud with the
broadest and deepest functionality
Today, Amazon Web Services, Inc. (AWS), an Amazon.com company
(NASDAQ: AMZN), announced that Intuit Inc. (NASDAQ: INTU) selected
AWS as its standard for machine learning and artificial
intelligence workloads. With more than 150 patents pending and 40
artificial intelligence and machine learning features within its
products today, Intuit expanded its use of AWS to further expedite
deployment of its artificial intelligence and machine learning
capabilities at scale for its customers. In addition, Intuit will
run its companywide data lake on AWS. Intuit began its artificial
intelligence journey over 10 years ago and continues to advance its
product experiences, anti-fraud and security, and customer care
practices to impact its 46 million customers worldwide.
“We started our journey to AWS in 2013, and AWS has been
essential to our transformation in the cloud. We extended our
relationship with AWS to enhance our flagship products and
services, including QuickBooks, Mint, and TurboTax, and accelerate
our efforts to apply artificial intelligence within our business.
For example, we will be leveraging AWS Lex technology in a variety
of our work, including future versions of QuickBooks Assistant. As
trusted stewards of our customers’ data, the extension of our
relationship with AWS furthers our mission to power prosperity for
our customers,” said H. Tayloe Stansbury, Executive Vice President
and Chief Technology Officer at Intuit.
“Every company in the world has to keep transforming their
customer experience and business to remain competitive, and
Intuit’s cloud-first approach sets them up to continually drive
innovation,” said Mike Clayville, Vice President, Worldwide
Commercial Sales at AWS. “Intuit is an early all-in customer and
has chosen to extend their use of AWS to include our leading
machine learning capabilities that work hand-in-hand with the AWS
storage, security, and analytics services they already use and are
familiar with. We look forward to working with Intuit as they
continue to incorporate the use of machine learning to deliver even
more value to their customers.”
About Amazon Web Services
For 11 years, Amazon Web Services has been the world’s most
comprehensive and broadly adopted cloud platform. AWS offers over
90 fully featured services for compute, storage, networking,
database, analytics, application services, deployment, management,
developer, mobile, Internet of Things (IoT), Artificial
Intelligence (AI), security, hybrid and enterprise applications,
from 44 Availability Zones (AZs) across 16 geographic regions in
the U.S., Australia, Brazil, Canada, China, Germany, India,
Ireland, Japan, Korea, Singapore, and the UK. AWS services are
trusted by millions of active customers around the world —
including the fastest growing startups, largest enterprises, and
leading government agencies — to power their infrastructure, make
them more agile, and lower costs. To learn more about AWS, visit
https://aws.amazon.com.
About Amazon
Amazon is guided by four principles: customer obsession rather
than competitor focus, passion for invention, commitment to
operational excellence, and long-term thinking. Customer reviews,
1-Click shopping, personalized recommendations, Prime, Fulfillment
by Amazon, AWS, Kindle Direct Publishing, Kindle, Fire tablets,
Fire TV, Amazon Echo, and Alexa are some of the products and
services pioneered by Amazon. For more information, visit
www.amazon.com/about and follow @AmazonNews.
About Intuit
Intuit Inc. is committed to powering prosperity around the world
for consumers, small businesses and the self-employed through its
ecosystem of innovative financial management solutions.
Its flagship products and services
include QuickBooks® and TurboTax®, which make it
easier to manage small businesses and tax preparation and
filing. QuickBooks Self-Employed provides freelancers and
independent contractors with an easy and affordable way to manage
their finances and save money at tax time, while Mint delivers
financial tools and insights to help people make smart choices
about their money.
Intuit's ProConnect brand
portfolio includes ProConnect Tax Online, ProSeries®
and Lacerte®, the company's leading tax preparation offerings
for professional accountants.
Founded in 1983, Intuit serves 46 million customers in North
America, Europe, Australia, Brazil and India, with revenue of $5.2
billion in its fiscal year 2017. The company has approximately
8,200 employees with major offices in the United
States, Canada, the United
Kingdom, India, Israel, Australia and other locations.
More information can be found at www.intuit.com.
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