Grid Dynamics Introduces a GenAI-powered Data Migration Starter Kit to Accelerate Large-Scale Data Modernization Programs
March 27 2024 - 4:05PM
Business Wire
Key Takeaways:
- Grid Dynamics extends its Analytics Platform with an
LLM-powered starter kit for data migration, designed to accelerate
the transition from legacy data solutions to cloud-based
platforms.
- The new starter kit enables Grid Dynamics to streamline and
expedite large-scale data replatforming and modernization
initiatives, achieving significant time and cost savings over
conventional data migration methods.
- The new solution supports legacy data platform migration from
Teradata, Netezza, and Talend, among others, to AWS, Google Cloud,
and Azure—expanding the company’s solutions portfolio for
enterprise-scale clients undergoing business transformation.
Grid Dynamics Holdings, Inc. (NASDAQ: GDYN) (Grid Dynamics), a
leader in enterprise-level digital transformation services and
solutions, today unveils a GenAI-powered Data Migration Starter
Kit, a new component that enhances the capabilities of Grid
Dynamics’ Analytics Platform and enables its clients to achieve
faster, more cost-effective data modernization outcomes.
In many enterprises, large-scale data modernization programs
span several years and consume vast amounts of resources. The
timelines and costs are typically driven up by a large number of
data processing jobs and applications, convoluted and poorly
documented business logic, performance issues and bottlenecks, and
complex coordination across multiple organizations and vendors.
Traditional data migration methodologies and tools help to
facilitate the process and reduce migration costs, but still
require significant amounts of engineering effort and manual
operations. These challenges are particularly prominent for data
modernization programs that require deep redesign of the processing
pipelines, business logic, and data schemas.
The GenAI-powered Data Migration Starter Kit automatically
transforms business logic, target data schemas, and pipeline
orchestration logic based on the requirements specified by the
user. In particular, the starter kit automatically performs
advanced redesigns of the data schemas such as normalization and
denormalization. These capabilities greatly accelerate the delivery
of large-scale data modernization and replatforming projects
compared to traditional methods.
The GenAI-powered Data Migration Starter Kit supports a broad
range of migration and replatforming scenarios, including
on-premises-to-cloud and cloud-to-cloud. The starter kit provides
adapters for major cloud providers, Teradata, and Talend out of the
box, and is designed to efficiently develop custom adapters.
“The GenAI Data Migration Starter Kit enables our clients to
drastically reduce costs and timelines for data modernization
programs by automating operations that were not possible to
automate without LLMs,” said Ilya Katsov, Vice President of
Technology at Grid Dynamics. “This kit transforms our Analytics
Platform into an end-to-end solution for delivering large-scale
data modernization programs—from establishing platform services to
onboarding applied pipelines and business logic to integrating with
downstream data consumers.”
The GenAI Data Migration Starter Kit is the latest, innovative,
problem-solving solution from Grid Dynamics and supports the
company’s GigaCube growth strategy. Visit this page to learn more
about the GenAI-powered Data Migration Starter Kit, and visit this
page for more information about Grid Dynamics’ Analytics
Platform.
About Grid Dynamics
Grid Dynamics (NASDAQ: GDYN) is a leading provider of technology
consulting, platform and product engineering, AI, and advanced
analytics services. Fusing technical vision with business acumen,
we solve the most pressing technical challenges and enable positive
business outcomes for enterprise companies undergoing business
transformation. A key differentiator for Grid Dynamics is our 7+
years of experience and leadership in enterprise AI, supported by
profound expertise and ongoing investment in data, analytics,
application modernization, cloud & DevOps, and customer
experience. Founded in 2006, Grid Dynamics is headquartered in
Silicon Valley with offices across the Americas, Europe, and India.
Follow us on LinkedIn.
Forward-Looking Statements
This communication contains “forward-looking statements” within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934 that are not
historical facts, and involve risks and uncertainties that could
cause actual results of Grid Dynamics to differ materially from
those expected and projected. These forward-looking statements can
be identified by the use of forward-looking terminology, including
the words “believes,” “estimates,” “anticipates,” “expects,”
“intends,” “plans,” “may,” “will,” “potential,” “projects,”
“predicts,” “continue,” or “should,” or, in each case, their
negative or other variations or comparable terminology. These
forward-looking statements include, without limitation, quotations
and statements regarding our GenAI-powered Data Migration Starter
Kit, our product capabilities, and our company’s future growth
including with customers and GigaCube strategy.
These forward-looking statements involve significant risks and
uncertainties that could cause the actual results to differ
materially from the expected results. Most of these factors are
outside Grid Dynamics’ control and are difficult to predict.
Factors that may cause such differences include, but are not
limited to, any factors limiting our product capabilities, the
benefits of our products, and our company’s growth strategy.
Grid Dynamics cautions that the foregoing list of factors is not
exclusive. Grid Dynamics cautions readers not to place undue
reliance upon any forward-looking statements, which speak only as
of the date made. Grid Dynamics does not undertake or accept any
obligation or undertaking to release publicly any updates or
revisions to any forward-looking statements to reflect any change
in its expectations or any change in events, conditions or
circumstances on which any such statement is based. Further
information about factors that could materially affect Grid
Dynamics, including its results of operations and financial
condition, is set forth under the “Risk Factors” section of the
Company’s annual report on Form 10-K filed February 29, 2024, and
in other periodic filings Grid Dynamics makes with the SEC.
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Cary Savas +1 (650) 523 5000 csavas@griddynamics.com
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