\nAmazon Web Services, Inc. (AWS), an Amazon.com<\/a>, Inc. company (NASDAQ: AMZN), today announced that Abdul Latif Jameel<\/a>, a nearly 80-year-old internationally diversified business, has selected AWS as its preferred cloud provider to power its digital transformation and drive innovation across its core sectors\u2014mobility, energy, health, and financial services. In addition to its agreement with AWS, Fotowatio Renewable Ventures (FRV)<\/a>, part of Abdul Latif Jameel Global Energy and Environment Holding Company Limited (\u201cAbdul Latif Jameel Energy<\/a>\u201d), will provide clean energy capacity to power Amazon\u2019s operations.<\/p>\n
\nAbdul Latif Jameel is building a companywide analytics, machine learning, and generative artificial intelligence (generative AI) program, powered by AWS, to rapidly develop and introduce new applications across a wide range of industries. Abdul Latif Jameel will use AWS services such as Amazon Simple Storage Service (Amazon S3)<\/a> and AWS Lake Formation<\/a> to ingest, catalog, and secure financial data, making it available to all of its business units to help drive customer enhancements and process improvements. Abdul Latif Jameel will also use Amazon Bedrock<\/a>, a service that makes foundational models available via an API, to develop generative AI applications that will help car manufacturers offer digital showroom experiences for customers and enhance in-car experiences, while reducing development costs.<\/p>\n \nAs part of its focus on environmental responsibility, Abdul Latif Jameel is making progress on its decarbonization goals by migrating its on-premises information technology (IT) workloads to AWS, further reducing its carbon footprint.<\/p>\n \nIn a second agreement with Amazon, Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy<\/a>, will provide renewable energy from five solar projects in Spain to power Amazon\u2019s operations. With one plant already operational and the remaining four projects due for completion in 2024, the solar farms are expected to generate more than 1.5 terawatt-hours (TWh) of clean energy each year, which is enough to power the equivalent of more than 400,000 European homes.<\/p>\n \n\u201cAbdul Latif Jameel is undergoing a digital transformation that will help advance a long-term sustainable future,\u201d said Mo Chaara, chief information and digital officer at Abdul Latif Jameel. \u201cDigitally transforming its most essential business systems and processes on AWS will enable Abdul Latif Jameel to place the customer at the center of its strategy, which will increase synergies, optimize costs, and drive product innovation.\u201d<\/p>\n \n\u201cFRV aims to drive innovation and develop solutions that can make renewable energy accessible to everyone,\u201d said Fernando Salinas, managing director of FRV Iberia. \u201cThis strategic collaboration with Amazon will enable us to continue contributing to the decarbonization of the electricity sector and its independence from fossil fuels to drive economic, social, and environmental advancements for future generations.\u201d<\/p>\n \n\u201cWe are excited to collaborate with Abdul Latif Jameel, a company dedicated to continuous improvement and positive change, to drive innovation that will help build a greener future,\u201d said Yasser Hassan, AWS managing director of commercial sector for Middle East, North Africa, and Turkey (MENAT). \u201cBy collaborating with Abdul Latif Jameel on its cloud-first strategy and advancing the use of renewable energy, we can drive significant progress toward our shared goals of reducing carbon emissions and creating a more digital and sustainable future.\u201d<\/p>\n About Amazon Web Services<\/b><\/p>\n \nSince 2006, Amazon Web Services has been the world\u2019s most comprehensive and broadly adopted cloud. AWS has been continually expanding its services to support virtually any workload, and it now has more than 240 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 102 Availability Zones within 32 geographic regions, with announced plans for 12 more Availability Zones and four more AWS Regions in Canada, Malaysia, New Zealand, and Thailand. Millions of customers\u2014including the fastest-growing startups, largest enterprises, and leading government agencies\u2014trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit aws.amazon.com<\/a>.<\/p>\n About Amazon<\/b><\/p>\n \nAmazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth\u2019s Most Customer-Centric Company, Earth\u2019s Best Employer, and Earth\u2019s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com\/about<\/a> and follow @AmazonNews<\/a>.<\/p>\n About Abdul Latif Jameel<\/b><\/p>\n \nAbdul Latif Jameel is a nearly 80-year-old internationally diversified business that is shaping the future of its core sectors, mobility, energy, finance and healthcare. A powerful partner with strong networks and a commitment to continuous investment in people, business, technology, & community, it has an operational presence in around 30 countries on six continents. For more information, please visit alj.com<\/a>, or email media@alj.ae<\/a>.<\/p>\n About Abdul Latif Jameel Energy<\/b><\/p>\n \nAbdul Latif Jameel Energy was established in 2012, and is now a leading independent power producer, and a premier service provider in the renewable energy sector, with interests in 16 countries around the world with capabilities in renewable energy, including solar PV, wind, waste-to-energy and environmental solutions, including desalination, water and wastewater treatment. For more information, please visit: alj.com\/energy<\/a>.<\/p>\n About FRV<\/b><\/p>\n \nFRV, part of Abdul Latif Jameel Energy, is a leading global renewable energy development company. In line with its ambition to continue leading the global transition to a more sustainable energy future, FRV has evolved from being a developer to becoming an independent power producer.<\/p>\n \nThey aim to be the world’s leading green energy and infrastructure platform. To achieve this strategic vision, they have accelerated their growth through the return on activities, shareholder contributions and asset rotation through the sale of minority stakes. As a result, the company expects to invest more than $ 1.5 billion with the goal of doubling total installed capacity from 2 GW in 2021 to 4 GW in 2024. For more information, please visit: frv.com<\/a>.<\/p>\n \n\u00a9 Abdul Latif Jameel Company Limited. All rights in this site are fully reserved. Permission to use this site is granted strictly subject to the Terms of Use. The Abdul Latif Jameel name, and the Abdul Latif Jameel logotype and pentagon-shaped graphic are trademarks, or registered trademarks of Abdul Latif Jameel IPR Company Limited.<\/p>\n \nThe term \u201cAbdul Latif Jameel\u201d refers broadly to several distinct, separate and independent legal entities. Abdul Latif Jameel is not itself a corporate entity, association or conglomerate run by an overarching parent company but merely refers to a group of distinct and wholly separate legal entities that are collectively referred to as Abdul Latif Jameel. Abdul Latif Jameel is not a corporate group as defined in section 1161(5) of the Companies Act 2006.<\/p>\n \nThis document may contain forward-looking statements. Forward-looking statements are statements regarding matters other than historical fact, such as future results, events, activities, developments or circumstances or the beliefs, plans or expectations of Abdul Latif Jameel entities or their respective managements. Forward-looking statements often can be identified by the use of words such as \u2018expect\u2019, \u2018project\u2019, \u2018anticipate\u2019, \u2018plan\u2019, \u2018estimate\u2019, \u2018believe\u2019, \u2018predict\u2019, \u2018intend\u2019, \u2018potential\u2019, \u2018possible\u2019, \u2018probable\u2019, \u2018likely\u2019, \u2018forecast\u2019, \u2018guidance\u2019, \u2018outlook\u2019, \u2018goal\u2019, \u2018target\u2019, \u2018may\u2019, \u2018will\u2019, \u2018should\u2019 or \u2018could\u2019 or other similar terms or phrases. However, the absence of such words does not mean that a particular statement is not forward looking.<\/p>\n \nForward-looking statements are based on expectations and assumptions at the time of such statements and are subject to numerous risks and uncertainties, many of which are outside the control of Abdul Latif Jameel entities. Should any of such expectations or assumptions prove incorrect, or should any of such risks or uncertainties materialize, actual future results, events, activities, developments or circumstances may differ materially from those expressed in or implied by forward-looking statements. Further, any forward-looking statement speaks only as of the date on which it is made, and Abdul Latif Jameel do not assume, and hereby disclaims, any obligation to correct or update any forward-looking statement, whether as a result of new information, future events or otherwise.<\/p>\n \nAll forward-looking statements made by Abdul Latif Jameel, or by any person on behalf of any of them, whether communicated in writing, electronically or orally, are qualified in their entirety by the foregoing cautionary statements.<\/p>\n View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230918127784\/en\/<\/a><\/span><\/p>\n \nAmazon.com, Inc. KEYWORDS:<\/b> United States North America Washington<\/p>\n INDUSTRY KEYWORDS:<\/b> Software Networks Professional Services Internet Data Management Sustainability Alternative Energy Apps\/Applications Energy Technology Artificial Intelligence Environment Data Analytics<\/p>\n<\/p>\n
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