RCS - Grid Dynamics Hldgs - Grid Dynamics Deepens Partnership with Microsoft

MicrosoftAnnouncement

10/10/2023 15:15

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20231010:nRSJ4819Pa&default-theme=true

RNS Number : 4819P  Grid Dynamics Holdings, Inc  10 October 2023

 

 

Grid Dynamics Deepens Partnership with Microsoft by Earning Coveted
Specialization in the Azure Migrate and Modernize (AMM) Program

Key Takeaways:

·      Grid Dynamics secures the sought-after Infra and Database
Migration to Microsoft Azure Specialization, deepening its status as a
Microsoft AI Cloud Partner and broadening its participation in Microsoft's AMM
program. This marks the third new Microsoft Specialization for Grid Dynamics
in the past six months.

·      Grid Dynamics strategically amplifies its value to clients with
its broader participation in AMM to support the migration of foundational
infrastructure and data workloads, as well as security, in cloud and hybrid
environments.

·      This significant advancement and new specialization reflects the
vibrant partnership between Grid Dynamics and Microsoft, fostering closer
collaboration on large-scale complex cloud infrastructure and database
migration programs for mutual customers.

SAN RAMON, CA / ACCESSWIRE / October 10, 2023 / Grid Dynamics
(https://pr.report/WUCIFfbt) Holdings, Inc. (NASDAQ:GDYN) (Grid Dynamics), a
leader in enterprise-level digital transformation (https://pr.report/P07YJLjB)
services and solutions, today proudly announced it has earned the Infra and
Database Migration to Microsoft Azure Specialization from Microsoft. This
specialization expands Grid Dynamics' participation in Microsoft's innovative
Azure Migrate and Modernize program, showcasing yet again the company's
exceptional technical capabilities. The program helps accelerate and simplify
clients' migration & modernization of cloud workloads and includes a range
of training, services, and financial support for transformation initiatives.
As a member of this exclusive program, Grid Dynamics enables its clients to
accelerate time to value on cloud transformation programs-freeing up
investment for more advanced & disruptive digital transformation projects
with Grid Dynamics.

 

 

 

Achieving the notable Infra & Database Migration on Azure Specialization
is a major achievement for Microsoft AI Cloud Partners, and reinforces Grid
Dynamics' expertise in the migration and modernization of clients' cloud
applications and workloads. The audit process leveraged historic project
successes from Grid Dynamics and the recently acquired NextSphere
Technologies. This accomplishment marks the third new Microsoft Specialization
for Grid Dynamics in the past six months and reflects a significant milestone
in the accelerating collaboration between Grid Dynamics and Microsoft,
particularly for larger-scale platform migration and modernization programs.

"We are thrilled to be recognized as a specialized partner in the Azure
Migrate and Modernize Program" said Rahul Bindlish, VP of Strategic Business
Development. "This distinction reaffirms our commitment to helping our
customers navigate the ever-evolving digital landscape. By accelerating
application modernization, we empower enterprises to not only survive but
thrive in today's challenging economic environment."

Microsoft's AMM has many other tangible go-to-market initiatives beyond
providing training, services, and financial support. This innovative program
also provides a framework for tighter collaboration with existing mutual
clients as well as a collaboration framework to pursue prospective clients.
Visit this page (https://pr.report/AXzpF0mM) to learn more about Grid
Dynamics' partnership with Microsoft.

About Grid Dynamics

Grid Dynamics (NASDAQ:GDYN) is a digital-native technology services provider
that accelerates growth and bolsters competitive advantage for Fortune 1000
companies. Grid Dynamics provides digital transformation consulting and
implementation services in omnichannel customer experience
(https://pr.report/Qpnw5hEG) , big data (https://pr.report/7URJx3PL) ,
analytics (https://pr.report/OgKCFUTD) , search (https://pr.report/4YXikWGp) ,
artificial intelligence (https://pr.report/gqUMWav-) , cloud & DevOps
(https://pr.report/sa1xLv8G) , and application modernization
(https://pr.report/WoLpGMU9) . Grid Dynamics achieves high speed-to-market,
quality, and efficiency by using technology accelerators, an agile delivery
culture, and its pool of global engineering talent. Founded in 2006, Grid
Dynamics is headquartered in Silicon Valley with offices across the US,
Mexico, Jamaica, the UK, Europe, and India. To learn more about Grid Dynamics,
please visit www.griddynamics.com (https://pr.report/mdY1I80L) . Follow us on
Facebook (https://pr.report/HW8ONgac) , Twitter (https://pr.report/WbqfoaJ5) ,
and LinkedIn (https://pr.report/1s6tC0BF) .

Forward-Looking Statements

This communication contains "forward-looking statements" within the meaning of
Section 27A of the Securities Act of 1933 and Section 21E of the Securities
Exchange Act of 1934 that are not historical facts, and involve risks and
uncertainties that could cause actual results of Grid Dynamics to differ
materially from those expected and projected. These forward-looking statements
can be identified by the use of forward-looking terminology, including the
words "believes," "estimates," "anticipates," "expects," "intends," "plans,"
"may," "will," "potential," "projects," "predicts," "continue," or "should,"
or, in each case, their negative or other variations or comparable
terminology. These forward-looking statements include, without limitation,
quotations and statements regarding the benefits of membership in Microsoft's
AMMP, product capabilities, and our company's future growth.

These forward-looking statements involve significant risks and uncertainties
that could cause the actual results to differ materially from the expected
results. Most of these factors are outside Grid Dynamics' control and are
difficult to predict. Factors that may cause such differences include, but are
not limited to, any factors limiting our AMMP and other product capabilities,
the benefits of our products, and our company's growth and growth strategy.

Grid Dynamics cautions that the foregoing list of factors is not exclusive.
Grid Dynamics cautions readers not to place undue reliance upon any
forward-looking statements, which speak only as of the date made. Grid
Dynamics does not undertake or accept any obligation or undertaking to release
publicly any updates or revisions to any forward-looking statements to reflect
any change in its expectations or any change in events, conditions or
circumstances on which any such statement is based. Further information about
factors that could materially affect Grid Dynamics, including its results of
operations and financial condition, is set forth under the "Risk Factors"
section of the Company's quarterly report on Form 10-Q filed August 3, 2023,
and in other periodic filings, Grid Dynamics makes with the SEC.

Media Contact:

Cary Savas

+1 (650) 523 5000
csavas@griddynamics.com (mailto:csavas@griddynamics.com)

SOURCE: Grid Dynamics

 

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAKZMGGLLLGFZM