Latest news with #Basis
Yahoo
18-07-2025
- Business
- Yahoo
Amazon.com (AMZN) Leverages AWS for Generative AI Growth in Healthcare and Retail
experienced a remarkable price increase of nearly 30% last quarter, supported by recent collaborations and technological advancements. Key events include the strategic collaboration between Basis and Amazon Web Services (AWS) to enhance generative AI technologies, and the addition of Amazon to various Russell Value Benchmark indices, signaling strong market credibility. These developments, alongside robust corporate earnings, provided a favorable context within a market that remained generally optimistic amid record-high indices and strong economic data. These factors helped Amazon maintain its upward trajectory in line with market dynamics, contributing to the company's substantial price movement. Buy, Hold or Sell View our complete analysis and fair value estimate and you decide. Find companies with promising cash flow potential yet trading below their fair value. The recent collaboration between Basis and Amazon Web Services (AWS) in generative AI and Amazon's addition to the Russell Value Benchmark indices could have significant implications for Amazon's operational narrative. These developments might further enhance AWS's capabilities, possibly accelerating revenue growth in Amazon's cloud service segment. The inclusion in benchmark indices might bolster investor confidence, potentially driving shareholder value. Over the past three years, Amazon's total return, including dividends, appreciated by 79.64%. This lends context to the potential impact of recent corporate maneuvers on Amazon's financial trajectory. Over the past year, Amazon exceeded the US Market, which returned 14.1%, and matched the US Multiline Retail industry return of 22%. This relative performance could reflect investor endorsement of Amazon's strategic efforts and market positioning. The current share price of US$223.88 sits below the consensus price target of US$246.71, indicating a potential space for growth in alignment with forecasted earnings improvements. Analysts expect earnings growth, aided by supply chain efficiencies and AWS advancements, although the exact impact of new deals and technological progress on future revenue and earnings forecasts remains contingent on broader economic conditions and market demands. Review our growth performance report to gain insights into future. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AMZN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
17-07-2025
- Business
- Yahoo
Amazon.com (AMZN) Partners With AWS To Enhance AI Offerings And Customer Solutions
In recent developments, made headlines as its collaboration with AWS brought significant AI-focused initiatives to the fore, including partnerships with Basis and an expansion into AI Agents through Treasure Data. This aligns with the company's impressive 29% share price increase last quarter, amidst an economic backdrop where major stock indexes reached near all-time highs and tech stocks performed well. The overall market's robust performance, coupled with Amazon's strategic collaborations, likely bolstered the company's returns, reinforcing its stature in the rapidly evolving AI and technology sectors. Buy, Hold or Sell View our complete analysis and fair value estimate and you decide. Trump's oil boom is here — pipelines are primed to profit. Discover the 22 US stocks riding the wave. recent collaboration with AWS and its AI initiatives could further enhance its operational efficiency and revenue streams. The company's focus on AI, seen in partnerships and expansions into AI Agents, aligns with its strategy to bolster AWS and advertising services. These advancements, paired with the company's fulfilled market expectations, strengthen Amazon's competitive edge in technology. The ongoing AI investments support projections of substantial revenue growth, which currently stands at US$650.31 billion, with earnings of US$65.94 billion. Given these developments, revenue and earnings forecasts could see potential upward adjustments, enhancing the firm's long-term valuation. Over the past three years, Amazon's total shareholder return, including dividends, was 81.80%, indicating robust performance despite the competitive retail landscape. For a one-year context, Amazon matched the US Multiline Retail industry's return of 19.2%, although it exceeded the broad US market's return of 12.4%. This consistency highlights Amazon's resilience and capability to meet industry benchmarks. Currently trading at US$223.19, the stock is close to the analyst consensus price target of US$246.26, reflecting a 0.10 share price discount. Should Amazon effectively capitalize on its AI strategies and navigate market challenges, it might well align with analysts' optimistic future estimates. Upon reviewing our latest valuation report, share price might be too pessimistic. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AMZN. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
17-07-2025
- Business
- Business Wire
Basis Signs Strategic Collaboration Agreement with AWS to Accelerate Generative AI Innovation for Customers
LOS ANGELES--(BUSINESS WIRE)--Basis, a leading technology agency specializing in full-stack software solutions and expert consulting, has signed a strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to advance customers' adoption of Generative AI (GenAI) technologies. The SCA is a multi-year collaboration that includes investment and operational support from AWS, aimed at accelerating the deployment of GenAI solutions for Basis clients. This agreement allows Basis to allocate strategic investment for customer GenAI initiatives, such as customer Proof-of-Concepts (PoCs), enhance internal marketing efforts, and utilize AWS resources to explore and develop new offerings. "We are incredibly honored to be collaborating with AWS on this SCA," said Landon Meserve, AWS Alliance Lead at Basis. "This reflects our deep commitment to innovation, customer success, and delivering tailored AI solutions that move businesses forward. Our collaboration with AWS enables us to further empower organizations to embrace GenAI digital transformation with confidence and speed." 'Partners like Basis play a crucial role in helping customers successfully implement generative AI solutions that address real business challenges at the right cost, and with security in mind,' said Rima Olinger, Managing Director, North America Partners, AWS. 'With Amazon Bedrock, organizations can safely harness generative AI with enterprise-grade security while maintaining complete control of their data. This strategic collaboration agreement represents our commitment to providing customers with both secure, scalable infrastructure and the expert guidance they need to accelerate their AI transformation journeys with confidence.' This SCA builds on the work Basis is already doing to help customers, including OneLine Health and Reklaim move from OpenAI to Amazon Bedrock for secure, scalable GenAI workflows: Basis worked with OneLine Health to migrate its AI Physicians Copilot, an end-to-end clinical documentation automation platform, enhancing its medical conversation transcription, summarization, and structured data extraction capabilities. Basis will continue to build with AWS services, like Amazon Bedrock, Amazon SageMaker, as well as large language models including Amazon Nova, to help clients transition and scale their AI workloads with secure and cost-effective solutions. Reklaim, a leader in the luxury resale space, worked with Basis to migrate product identification and classification workflows to Amazon Bedrock to meet production scale requirements, as well as improve security and price-performance. 'Switching from OpenAI to Amazon Bedrock was a pivotal moment for OneLine Health. With Basis guiding the migration, we gained a platform that delivers enterprise-grade security, cost-efficiency, and the flexibility to integrate new large language models as they become available. This has empowered us to scale our Clinical Reasoning AI more rapidly and securely across diverse care environments. The partnership has enabled us to automate clinical documentation and decision support with greater precision and reliability, reducing physician burnout and improving patient care outcomes across the board.' — Dr. Karan Gill, Founder and CEO of OneLine Health. This SCA further strengthens Basis' collaboration with AWS and reinforces Basis' position as a trusted technology partner for companies navigating the evolving GenAI landscape. About Basis 'True Partnership Results in Success.' Basis is a premier technology agency delivering end-to-end, full-stack software solutions and expert consulting guidance. Since 2013, we have partnered with businesses, from startups to Fortune 500 companies, such as HBO and CooperSurgical, to deploy innovative technologies that drive growth and scalability. As an AWS Advanced Partner, Basis assists organizations with the implementation of cutting-edge AWS technologies, including cloud migrations, generative AI, advanced analytics, application development, and DevOps. For more information, visit the Basis website.
RNZ News
06-07-2025
- Business
- RNZ News
Kiwi company launches power saving panel
Photo: Supplied by Basis A New Zealand start-up is selling smart panels it says could help households save on their power bill by more than $1000 a year. Once installed homeowners get insight over how they're using electricity, the ability to automate appliances and advanced electrical safety features. Basis chief executive and co-founder Danny Purcell told Nine to Noon it'll allow households to know how expensive it is to run the dishwasher each time, or how much a shower costs. "At its base level, it measures electricity use 20,000 times a second and what it does with that information is it transfers it into different use cases," Purcell said. "So you might want to understand what happened with a fault in an appliance ... so say your lights have switched off because you used your toaster and you want to know why, all the way up to how much does my hot water system cost me last month or last week or yesterday." If you were to blow a fuse you'd get an alert on an app to tell you there was an electrical fault. Purcell said in the future it will be able to tell you exactly what caused the fault too. "Then in the back end, if you enable it then your electrician will be able to view those fault codes, they'll be able to help diagnose the faults in your property properly." When Purcell installed one of the smart panels in his own home within two weeks it was able to learn exactly how much he spent on hot water. "I then set a routine to manage the hot water cylinders on this on and off period and I'll probably save somewhere between $1100 and $1400 a year. "A core part of the offering on the app side is that we integrate all of these different electricity retail plans for you so we take away all of the mental load of trying to figure out what is the cheaper retail plan to go to based on the unique way that me or my family use electricity." It is about shifting the time you use things like hot water and heaters, he said. "Saving money is often confused with energy efficiency and using less electricity but they're not the same. So the way that you save money with electricity is by using it at cheaper periods of time." Upon launch the company had 7500 panels on order. The panel fully replaces the traditional fuse box in a house and while it costs more up front to buy, Purcell said it will allow people to save in the long-term. Its goal is to make energy effortless and affordable for everyone, he said.
NZ Herald
30-06-2025
- Business
- NZ Herald
Kiwi start-up Basis launches smart panel to cut energy bills by $1200
Kiwi start-up Basis is set to roll out a new kind of electrical switchboard which it says will revolutionise and transform home energy management. The company has secured over 7500 contracted orders, worth $25 million, for what it calls its 'smart panel'. Basis says it is certifying 85 electricians nationwide
