Mendix, an enterprise application developer, announced a go-to market relationship with Amazon Web Services (AWS) as well as a new collaboration between Siemens Digital Industries Software and AWS to promote digital transformation.
Three Mendix products will be offered in the AWS Marketplace today: the Mendix Low Code Platform, Intelligent Automation for Banking, and Intelligent Automation for Insurance. Vertical solutions for other companies will follow as well.
The low-code application templates allow developers and domain experts to create consistent, custom applications for industry-specific use cases. Examples include customer onboarding, loan/mortgage origination, portfolio management in banking, as well as quote and buy, underwriting, and claims management in insurance.
The solutions will combine these template applications with intelligent services from AWS, such as Amazon Comprehend, to understand unstructured text; Amazon Transcribe and Amazon Polly, to convert speech to text and vice versa; Amazon Lex, to build conversations; and Amazon Rekognition to identify objects, people, text and activities in images and videos. Customers can also embed these AWS Services into their own custom applications.
"Mendix's enterprise-grade, low-code application development supports businesses looking to adopt intelligent automation on AWS to strategically address cost reduction and opportunities to improve operational effectiveness," said Madhu Raman, worldwide head of Intelligent automation at AWS. "Customers in the Financial Services industry can now rapidly assemble real-world intelligent automation applications with Mendix on AWS."
AWS and Mendix have been in collaboration since 2015, and Mendix Cloud has run on AWS since 2016. Mendix was acquired by Siemens in 2018, and this go-to-market relationship has expanded on this strategic collaboration agreement between AWS and Siemens, which was initially announced in November 2021.
One company, Pennsylvania-based Erie Insurance (ERIE), has already begun leveraging the technology platforms provided by Mendix and AWS, allowing them to digitally transform their commercial sales. The consolidated experience for ERIE’s independent agent force resulted in reduced average time to quote from days to minutes and a double-digit increase in new business premium.
"The strong relationship between Mendix and AWS has been valuable for ERIE as we progress through the journey of digitizing our commercial offerings," said Timothy Shine, vice president of technology at ERIE. "We welcome this maturity step in the relationship between these two companies and look forward to embedding more intelligent AWS services into our Mendix estate to achieve even higher levels of agent productivity and customer satisfaction."
