Data and Analytics (D&A) and AI – Review of AWS’ Product Launch at re:Invent 2024
Tech Launch Perspective
24 Dec 2024
by
Vishal Gupta, Abhigyan Malik, Abhiram Srivatsa
The Data and Analytics (D&A) and AI market continues to grow rapidly, fueled by expanding enterprise data and AI-ML advances. Organizations are turning toward D&A and AI solutions to drive digital transformation, enhance decision-making, and scale operational efficiency.
At re:Invent 2024, AWS showcased its commitment to advancing the D&A and AI ecosystem with impactful updates to its platforms and tools and introducing new generative AI foundational models. These enhancements emphasize scalability, multi-model flexibility, and enterprise readiness, addressing the complete AI life cycle, from data processing to model deployment, while maintaining a strong focus on security and governance.
In this report, we analyze AWS’ latest announcements from re:Invent 2024, identifying growth opportunities, enterprise challenges, and the company’s competitive positioning. The report further delves into AWS’ key offerings, major differentiators, and areas where additional refinements could enhance its value proposition.
Scope
All industries and geographies
The assessment is based on Everest Group’s participation in and monitoring of announcements made at the AWS re:Invent 2024 event
Contents
In this report, we:
Key themes driving and inhibiting enterprise demand for D&A and AI