tech:

taffy

Sumitomo selects AWS to drive its digital transformation

Sumitomo, a trading and investment conglomerate with operations in 66 countries, is working with Amazon Web Services (AWS) for digital transformation, as part of a multi-year initiative.

Sumitomo will migrate 16 groupwide, mission-critical systems to the cloud, including sales and accounting, shifting to SAP S/4HANA on AWS. Sumitomo will also be utilizing AWS machine learning to develop applications that measure blue carbon, aiming to lower carbon footprints for organizations in Japan, the companies said in a statement.

Sumitomo is collaborating with SCSK, an AWS premier consulting partner and a Sumitomo company for the transformation iniatiatives.

The partnership between Sumitomo and AWS dates back to 2017.

[Image courtesy: Sumitomo]

Just in

Vercel raises $250M

San Francisco-based Vercel, a frontend cloud platform provider, has secured $250 million in Series E funding, bringing the company's valuation to $3.25 billion.

Worky raises $6M (Mexico)

Mexico City-based Worky, a provider of HR and payroll software solutions for Mexican companies, has closed a $6 million Series A financing round.

Amazon announces $1.31B investment in France

Amazon has announced a new investment of about $1.31 billion (€1.2 billion) in France, which the company says will lead to the creation of over 3,000 permanent jobs in the country.

Amazon Web Services CEO Adam Selipsky to step down — CNBC

Adam Selipsky, CEO of Amazon’s cloud computing business, will step down from his role next month. Matt Garman, senior vice president of sales and marketing at Amazon Web Services, will succeed Mr. Selipsky after he exits the company June 3, writes Annie Palmer. 

Palo Alto Networks, Accenture expand alliance to offer generative AI services

Palo Alto Networks and Accenture have announced the expansion of their strategic alliance to provide new offerings that combine Palo Alto Networks' Precision AI technology with Accenture's secure generative AI services.