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Veritone Announces AI Services Now Available on AWS Marketplace

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Veritone (NASDAQ: VERI) has announced the availability of its Artificial Intelligence Solutions Group (AISG) offerings on the AWS Marketplace. This expansion allows organizations to access, purchase, and deploy Veritone's AI solutions directly within the AWS cloud environment.

The AISG offerings include Data/AI Enablement Workshops, AI Solution Development, Generative AI/Retrieval-Augmented Generation, Data Modernization, Data Analytics & Visualization, Database Migration & Optimization, and Database Governance. This move follows Veritone's three-year Strategic Collaboration Agreement with AWS and their achievement of AWS Advanced Tier Services Partner status within the AWS Partner Network.

Veritone (NASDAQ: VERI) ha annunciato la disponibilità delle sue offerte del Gruppo Soluzioni di Intelligenza Artificiale (AISG) nel AWS Marketplace. Questa espansione consente alle organizzazioni di accedere, acquistare e implementare direttamente le soluzioni di intelligenza artificiale di Veritone all'interno dell'ambiente cloud di AWS.

Le offerte dell'AISG includono Workshop di Abilitazione Dati/AI, Sviluppo di Soluzioni AI, AI Generativa/Generazione Aumentata da Recupero, Modernizzazione dei Dati, Analisi e Visualizzazione dei Dati, Migrazione e Ottimizzazione dei Database, e Governance dei Database. Questa mossa segue l'Accordo di Collaborazione Strategica di tre anni tra Veritone e AWS e il loro raggiungimento dello status di Partner di Servizi di Livello Avanzato all'interno della Rete di Partner AWS.

Veritone (NASDAQ: VERI) ha anunciado la disponibilidad de sus ofertas del Grupo de Soluciones de Inteligencia Artificial (AISG) en el AWS Marketplace. Esta expansión permite a las organizaciones acceder, comprar e implementar directamente las soluciones de IA de Veritone dentro del entorno de nube de AWS.

Las ofertas de AISG incluyen Talleres de Habilitación de Datos/IA, Desarrollo de Soluciones de IA, IA Generativa/Generación Aumentada por Recuperación, Modernización de Datos, Análisis y Visualización de Datos, Migración y Optimización de Bases de Datos, y Gobernanza de Bases de Datos. Este movimiento sigue al Acuerdo de Colaboración Estratégica de tres años entre Veritone y AWS y su logro de estatus de Socio de Servicios de Nivel Avanzado dentro de la Red de Socios de AWS.

Veritone (NASDAQ: VERI)AWS Marketplace에서 인공지능 솔루션 그룹(AISG) 제품의 가용성을 발표했습니다. 이번 확장은 조직들이 AWS 클라우드 환경에서 Veritone의 AI 솔루션을 직접 액세스하고 구매하며 배포할 수 있도록 합니다.

AISG 제품에는 데이터/AI 활성화 워크숍, AI 솔루션 개발, 생성 AI/증강 검색 생성, 데이터 현대화, 데이터 분석 및 시각화, 데이터베이스 마이그레이션 및 최적화, 데이터베이스 거버넌스가 포함됩니다. 이 움직임은 Veritone과 AWS 간의 3년 전략적 협력 계약 체결 이후 이루어진 것으로, AWS 파트너 네트워크 내에서 AWS 고급 서비스 파트너 상태를 달성한 것을 포함합니다.

Veritone (NASDAQ: VERI) a annoncé la disponibilité de ses offres du Groupe de Solutions d'Intelligence Artificielle (AISG) sur le AWS Marketplace. Cette expansion permet aux organisations d'accéder, d'acheter et de déployer les solutions d'IA de Veritone directement au sein de l'environnement cloud AWS.

Les offres de l'AISG comprennent des Ateliers de Capacitation Données/IA, le Développement de Solutions IA, l'IA Générative/ Génération Augmentée par Récupération, la Modernisation des Données, l'Analyse et la Visualisation des Données, la Migration et l'Optimisation de Base de Données, ainsi que la Gouvernance des Bases de Données. Ce mouvement fait suite à l'Accord de Collaboration Stratégique de trois ans entre Veritone et AWS et à l'obtention par cette dernière du statut de Partenaire de Services de Niveau Avancé au sein du Réseau de Partenaires AWS.

Veritone (NASDAQ: VERI) hat die Verfügbarkeit seiner Angebote der Gruppe Künstliche Intelligenz-Lösungen (AISG) im AWS Marketplace angekündigt. Diese Erweiterung ermöglicht es Organisationen, direkt innerhalb der AWS-Cloud-Umgebung auf die KI-Lösungen von Veritone zuzugreifen, diese zu erwerben und zu implementieren.

Die Angebote der AISG umfassen Daten-/KI-Habilitationsworkshops, Entwicklung von KI-Lösungen, Generative KI/Erweiterte Retrieval-Generierung, Datenmodernisierung, Datenanalyse und -visualisierung, Datenbankmigration und -optimierung sowie Datenbankgovernance. Dieser Schritt folgt dem dreijährigen strategischen Kooperationsvertrag zwischen Veritone und AWS sowie deren Erreichung des Status eines AWS Advanced Tier Service Partners innerhalb des AWS Partner Netzwerks.

Positive
  • Strategic partnership expansion through AWS Marketplace integration
  • Achievement of AWS Advanced Tier Services Partner status
  • Three-year Strategic Collaboration Agreement with AWS secured
Negative
  • None.

Insights

The AWS Marketplace expansion represents a significant strategic move for Veritone, enhancing its market reach and accessibility. The comprehensive suite of AI services, including data modernization, generative AI and database governance, positions Veritone to capitalize on the growing enterprise AI adoption trend. The Advanced Tier Services Partner status with AWS adds credibility and demonstrates technical competency.

Integration with AWS's robust infrastructure and tools like IAM, KMS and CloudTrail strengthens Veritone's service offerings. The three-year Strategic Collaboration Agreement with AWS could drive significant revenue opportunities and technological synergies. However, the highly competitive AI services market and Veritone's relatively small market cap of $100.7M present challenges in scaling against larger competitors.

This marketplace expansion significantly improves Veritone's distribution capabilities and potential customer acquisition. The AWS Marketplace presence reduces friction in the enterprise sales cycle and could accelerate revenue growth. The comprehensive service portfolio addresses critical enterprise needs from AI enablement to data governance, positioning Veritone to capture a larger share of the rapidly growing enterprise AI market.

The strategic partnership with AWS provides a competitive advantage in reaching enterprise customers and validates Veritone's technical capabilities. However, investors should note that while this expansion enhances market access, the impact on revenue will depend on successful execution and market penetration in a highly competitive landscape.

Veritone expands reach in delivering enterprise AI solutions at scale

DENVER--(BUSINESS WIRE)--

Veritone, Inc. (NASDAQ: VERI), a leader in designing human-centered AI solutions, today announced that its Artificial Intelligence Solutions Group’s (AISG) offerings are now available on the AWS Marketplace, a curated digital storefront helping companies of all sizes find, try, buy, deploy and manage solutions from AWS Partners.

Veritone’s availability in AWS Marketplace allows organizations to adopt AI by seamlessly accessing, purchasing and deploying Veritone’s award-winning AI solutions directly within the AWS cloud environment. The value of Veritone solutions and services on AWS unlocks new opportunities for innovation, efficiency, scalability and performance for enterprise AI initiatives.

“Our mission at Veritone is to empower organizations with transformative AI solutions tailored to their unique business problems,” said Ryan Steelberg, president and chief executive officer, Veritone. “Expanding our AI Solutions Group’s offerings to the AWS Marketplace broadens our reach, enabling Veritone to deliver AI solution development services and immersive bootcamps to more organizations, unlocking new opportunities for growth and innovation.”

All available in AWS Marketplace, Veritone’s AISG offerings include:

  • Data / AI Enablement Workshops – Veritone's AI bootcamps and workshops are designed to help customers unlock the full potential of AI. Whether a customer is just starting their AI journey or looking to optimize their AI investments, Veritone experts help guide the process of understanding business objectives, identifying growth challenges and pinpointing the best opportunities to drive innovation using AI technologies.
  • AI Solution Development – Veritone’s AI Solution Development service guides customers through creating, implementing and optimizing tailored AI solutions powered by AWS’ comprehensive AI/ML stack. A comprehensive approach ensures development of impactful AI technologies, seamless integration into existing business processes and solutions that deliver tangible business value.
  • Generative AI / Retrieval-Augmented Generation – Veritone’s comprehensive generative AI services, integrated with AWS’ robust AI and machine learning stack, empower organizations to transform their vast repositories of data and content into actionable assets through custom, domain-specific large language models and knowledge graphs. Our sophisticated approach enables organizations to generate predictive, AI-driven content that significantly enhances audience engagement, transforms voluminous data into actionable insights and unlocks new revenue streams across multiple touchpoints.
  • Data Modernization - Veritone’s comprehensive Data Modernization service leverages AWS's leading cloud technologies to help organizations seamlessly transition from legacy systems to cutting-edge cloud-based architectures. Using Amazon S3 and S3 Glacier for intelligent storage, Amazon EFS for scalable file systems and AWS CloudTrail for enhanced visibility, Veritone unlocks new levels of agility and operational efficiency.
  • Data Analytics & Visualization - Veritone works with customers to build predictive models, clustering algorithms and classification models to solve specific business problems. By following these specific activities, organizations can effectively leverage data analytics and visualization to derive valuable insights, drive informed decision-making and optimize business performance.
  • Database Migration & Optimization - Veritone helps customers transform their most complex, disorganized and fragmented data into a unified, accurate, privacy-compliant and well-governed ecosystem. Our comprehensive approach using AWS’ migration toolkit helps mitigate risks while establishing a robust foundation for optimized database performance.
  • Database Governance - Veritone’s comprehensive Data Governance service helps companies prevent data breaches, avoid regulatory fines and establish a robust framework for managing and securing data assets. Leveraging advanced AWS services like AWS Identity and Access Management (IAM), AWS Key Management Service (KMS), and Amazon CloudTrail, Veritone develops a holistic approach to data governance that ensures your data's integrity, security and compliance.

In addition to the new AISG listings, Veritone’s Commercial and Public Sector offerings are also available in AWS Marketplace. Earlier in 2024, Veritone signed a three-year Strategic Collaboration Agreement with AWS to accelerate enterprise AI and generative AI solutions. Veritone also achieved AWS Advanced Tier Services Partner status within the AWS Partner Network (APN), which acknowledges Veritone’s proven technical expertise and demonstrated customer experience.

For more information on Veritone’s AISG services listings on the AWS Marketplace, visit: https://aws.amazon.com/marketplace/seller-profile?id=c0760e57-2249-46bc-b876-42af65bf15e3

For more information on Veritone as an AWS Partner, please visit: https://go.veritone.com/aws-partnership/p/1.

About Veritone

Veritone (NASDAQ: VERI) designs human-centered AI solutions. Serving customers in the talent acquisition, media, entertainment and public sector industries, Veritone’s software and services empower individuals at the world’s largest and most recognizable brands to run more efficiently, accelerate decision making and increase profitability. Veritone’s leading enterprise AI platform, aiWARE™, orchestrates an ever-growing ecosystem of machine learning models, transforming data sources into actionable intelligence. By blending human expertise with AI technology, Veritone advances human potential to help organizations solve problems and achieve more than ever before, enhancing lives everywhere. To learn more, visit Veritone.com.

Safe Harbor Statement

This news release contains forward-looking statements. Without limiting the generality of the foregoing, words such as “may,” “will,” “expect,” “believe,” “anticipate,” “intend,” “could,” “estimate” or “continue” or the negative or other variations thereof or comparable terminology are intended to identify forward-looking statements. In addition, any statements that refer to expectations, projections or other characterizations of future events or circumstances are forward-looking statements. Assumptions relating to the foregoing involve judgments and risks with respect to various matters which are difficult or impossible to predict accurately and many of which are beyond the control of Veritone. Certain of such judgments and risks are discussed in Veritone’s SEC filings. Although Veritone believes that the assumptions underlying the forward-looking statements are reasonable, any of the assumptions could prove inaccurate and, therefore, there can be no assurance that the results contemplated in forward-looking statements will be realized. In light of the significant uncertainties inherent in the forward-looking information included herein, the inclusion of such information should not be regarded as a representation by Veritone or any other person that their objectives or plans will be achieved. Veritone undertakes no obligation to revise the forward-looking statements contained herein to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

Media Contact:

Valerie Christopherson or Lora Metzner

Global Results Comms (GRC)

+1 949 608 0276

Veritone@globalresultspr.com

Sarah Rich

Veritone

srich@veritone.com

Source: Veritone, Inc.

FAQ

What services did Veritone (VERI) launch on AWS Marketplace in 2024?

Veritone launched seven key services including Data/AI Enablement Workshops, AI Solution Development, Generative AI services, Data Modernization, Data Analytics & Visualization, Database Migration & Optimization, and Database Governance.

What partnership status did Veritone (VERI) achieve with AWS?

Veritone achieved AWS Advanced Tier Services Partner status within the AWS Partner Network (APN), demonstrating their technical expertise and customer experience.

What is the duration of Veritone's (VERI) Strategic Collaboration Agreement with AWS?

Veritone signed a three-year Strategic Collaboration Agreement with AWS to accelerate enterprise AI and generative AI solutions.

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