Accelerating Development Time on AWS by Upskilling More than 60% of the Workforce

Dara Schulenberg

Perfios, a leading provider of financial statement analysis software in India, has been on a rapid growth trajectory since its founding in 2008. The company has launched products in response to traditional loan origination evaluation processes, which are manual and error-prone, often leading to loan approval delays from financial institutions. Perfios provides an automated solution that streamlines loan origination so lenders can provide customers with loans faster.

The company runs its Perfios Data Aggregation and Analytics Platform on the Amazon Web Services (AWS) Cloud to drive growth and meet customer demand. Ramgopal Cillanki, senior vice president and head of Engineering at Perfios, says, “As a software as a service [SaaS] platform, scalability, security, and high availability are critical, and AWS meets our requirements.” As the company grew, it increasingly focused on speeding up its creation of new product lines for both business-to-business (B2B) and business-to-consumer (B2C) customers. “We wanted to deliver products faster but realized that we needed more trained talent. Otherwise, some of our initiatives might take several years to become successful,” Cillanki explains.

To support this goal, Perfios sought to shorten its product development timelines and engaged with AWS Training and Certification, which helps organizations build and validate their AWS skills, to provide comprehensive technical training.

Gaining Cloud Expertise with AWS Training and Certification

Hundreds of financial institutions in 18 countries use Perfios’s data platform, which relies on machine learning technology to extract, categorize, and analyze unstructured data to automate decision-making, customer onboarding, risk pricing, and fulfillment. The company categorizes more than 500 million transactions each month and supports over 1,700 data formats.

To drive faster development, Perfios wanted to help its developers close gaps in their AWS knowledge. “We knew we had to train our developers on serverless technologies, DevOps, and managed services to build the expertise we needed,” says Cillanki. The AWS Training and Certification team first helped Perfios complete the Learning Needs Analysis, an assessment tool to identify cloud and other technology skills gaps that the AWS team uses to design a customized learning plan. “This was a great way for us to find out where our teams stood in terms of technology expertise,” says Cillanki. “It helped us understand the current skill set and capabilities of individuals, their interest areas, and the depth of their knowledge.” Based on the analysis, AWS created a targeted training plan and led Perfios through a series of 11 technology tracks comprising 25 training sessions on topics including technology essentials, DevOps, containers, big data, and architecture.