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ESG Economic Validation - Analyzing the Economic Benefits of Intelligent Search using Amazon Kendra

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© 2022 TechTarget, Inc. All Rights Reserved. This ESG Economic Validation was commissioned by Amazon and is distributed under license from TechTarget. By Tony Palmer, Principal Validation Analyst October 2022 Executive Summary Finding critical information is getting harder every day for organizations of all sizes, due to ever-increasing data volumes, types, and locations. When using traditional search solutions, customers are faced with numerous challenges, such as inaccurate keyword searches, complex implementation, manual tuning, and ongoing maintenance. This results in lower employee productivity, negative customer experience, increased risk and liability, and organizations making decisions based on incomplete or outdated information. Amazon Kendra is an intelligent search service powered by machine learning (ML) that enables users to get accurate answers quickly using natural language processing and advanced search algorithms. ESG validated that Amazon Kendra helps organizations access the information they are looking for faster. Amazon Kendra's AI-powered search has increased employee productivity by 25%, saving time previously spent parsing through search results. Organizations used Amazon Kendra to reduce time to insights and innovation, improve customer experience, collaborate more effectively, and reduce risk and potential liability by finding the right compliance documentation. Our models predict that organizations using Amazon Kendra to build an enterprise search tool could lower their 5-year cost of ownership by up to 82%, as compared with traditional search solutions. Amazon Kendra can save organizations millions of dollars through increased employee productivity, risk and liability reduction, and improved decision-making. Enterprise Strategy Group | Getting to the bigger truth.™ ESG Economic Validation Analyzing the Economic Benefits of Intelligent Search using Amazon Kendra

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