Cloudaware and Apex Systems Announce Strategic Partnership to Deliver Next-Generation FinOps Solutions
MWN-AI** Summary
Cloudaware, a leading cloud governance and optimization platform, has partnered with Apex Systems, a global technology solutions firm, to launch a next-generation FinOps solution aimed at helping enterprises manage their cloud financial operations more effectively. This strategic collaboration seeks to address the challenges posed by "cloud sprawl" and unpredictable spending as organizations transition to complex multi-cloud environments.
By merging Apex Systems’ advisory and managed services with Cloudaware’s cloud management capabilities, the partnership focuses on facilitating better integration between finance, technology, and business teams. The joint solution offers several key features:
1. **Total Cost Visibility**: Provides real-time dashboards that aggregate data from various cloud environments, including AWS, Azure, Google Cloud, and private clouds, allowing organizations to see their total cloud spending at a glance.
2. **Automated Governance**: Employs proactive measures to identify wasted resources and implement automated remediation workflows, ensuring continuous optimization of cloud resources.
3. **Unit Economics Mastery**: Enhances tagging and allocation strategies to allow companies to track the true costs associated with individual products, features, and customers.
4. **Managed FinOps-as-a-Service**: For organizations that lack internal expertise, Apex Systems offers dedicated professionals to manage the Cloudaware platform, driving cultural changes and meeting cost-saving objectives.
Both companies expressed enthusiasm for the partnership, with Chris O’Hare from Apex commenting on the strength of their combined offerings and Mikhail Malamud from Cloudaware highlighting the robust capabilities that this alliance brings to the market. By leveraging each other’s strengths, they aim to empower clients in optimizing their cloud costs and advancing their cloud operational maturity.
MWN-AI** Analysis
The recent strategic partnership between Cloudaware and Apex Systems marks a significant advancement in the realm of financial operations (FinOps) for cloud management. This collaboration merges Apex Systems’ extensive advisory and managed services expertise with Cloudaware’s advanced cloud governance platform, ultimately addressing critical challenges in multi-cloud environments, including cloud sprawl and unpredictable spending. For investors and market observers, this partnership presents a compelling opportunity to assess both Cloudaware and Apex Systems as they pivot towards an increasingly integrated approach to cloud financial management.
From a market perspective, the partnership is timely. As organizations expand their cloud infrastructures, the demand for comprehensive FinOps solutions is expected to surge. By creating a unified framework that incentivizes collaboration between finance, technology, and business teams, both companies position themselves to capture a greater share of this rapidly growing market. Their joint offering of real-time dashboards for total cost visibility and automated governance tools sets a foundation for businesses aiming to optimize expenses and maximize operational efficiency.
Apex Systems’ reputation for delivering complex digital transformations, coupled with Cloudaware’s solid track record in cloud governance, enhances the perceived value of this partnership for current and potential clients. This means there could be expansive opportunities for revenue growth for both firms, which might appeal to investors seeking to enter the burgeoning cloud services market.
Moreover, with Apex Systems being part of the ASGN brand portfolio, which is trading on the NYSE under ASGN, investors might find this partnership an interesting angle to consider the broader implications for ASGN’s market position. If the partnership proves successful in driving FinOps maturity among enterprises, it could translate to increased market share and profitability, making both Cloudaware and Apex Systems worth keeping an eye on in the evolving tech landscape.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
Cloudaware, a premier cloud governance and optimization platform, and Apex Systems, a leading global technology solutions firm and one of six ASGN brands that will be unifying under the new Everforth brand (NYSE: ASGN), today announced a strategic partnership to launch a comprehensive, joint FinOps solution. This collaboration combines Apex Systems’ world-class advisory and managed services with Cloudaware’s robust cloud management platform to help enterprises master cloud financial management.
As organizations continue to scale their complex or multi-cloud environments, many struggle with "cloud sprawl" and unpredictable spending. The Apex-Cloudaware partnership addresses these challenges by providing a unified framework that merges deep technical expertise with automated, real-time data visibility.
Bridging the Gap Between Engineering and Finance
The joint solution is designed to break down silos between finance, technology, and business teams. By leveraging Cloudaware’s data-driven insights and Apex Systems’ implementation excellence, clients can expect:
- Total Cost Visibility: Real-time dashboards that provide a single pane of glass across AWS, Azure, Google Cloud, and private cloud environments.
- Automated Governance: Proactive identification of wasted resources and automated remediation workflows to ensure continuous optimization.
- Unit Economics Mastery: Advanced tagging and allocation strategies that allow businesses to track the true cost of every product, feature, and customer.
- Managed FinOps-as-a-Service: For organizations lacking internal resources, Apex Systems provides dedicated experts to manage the Cloudaware platform, drive cultural change, and guarantee cost-saving targets.
Executive Commentary
“We’re thrilled to partner with Cloudaware to bring our clients a stronger, more unified approach to FinOps,” said Chris O’Hare, SVP, Global Head of Cloud and Infrastructure at Apex Systems. “By combining Apex’s cloud advisory and managed services with Cloudaware’s realtime cloud governance platform, we’re giving organizations the clarity and control they need to manage multicloud environments with confidence. This partnership reinforces our commitment to helping customers optimize costs and modernize responsibly while accelerating their cloud maturity.”
"Apex Systems has an incredible track record of delivering complex digital transformations for the Fortune 500," said Mikhail Malamud, General Manager and Co-Founder at Cloudaware. "Integrating our platform’s deep discovery and auditing capabilities with Apex’s deep cloud and infrastructure expertise creates a powerhouse offering. Together, we are providing the roadmap and the engine for sustainable FinOps maturity."
About Cloudaware
Cloudaware is a leading provider of cloud governance and FinOps solutions. Their platform provides enterprises with the visibility, security, and financial management tools necessary to manage complex, multi-cloud infrastructures at scale. Cloudaware is trusted by global leaders in banking, healthcare, and technology. For more information, visit [ www.cloudaware.com ].
About Apex Systems
Apex Systems is a leading global technology solutions firm that incorporates industry insights and experience to deliver solutions that fulfill our clients’ digital visions. We offer a continuum of solutions, specializing in strategy, transformation, and managed services across application development, data, enterprise platforms, cloud and infrastructure, and cybersecurity. Through our ability to innovate alongside our customers, we build and deploy the right artificial intelligence solutions to realize business value and improve customer experiences. Our alliances with cutting-edge technology partners empower our customers by providing them with the latest advancements. Apex has a presence in over 70 markets across North America, Europe, and India. Apex is a part of the commercial segment of ASGN Incorporated (NYSE: ASGN). To learn more, visit www.apexsystems.com .
View source version on businesswire.com: https://www.businesswire.com/news/home/20260218770099/en/
Media Contact:
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FAQ**
How does the partnership between Cloudaware and Apex Systems specifically address the issue of "cloud sprawl" in enterprises while keeping in mind the objectives of ASGN Incorporated ASGN?
What key metrics will the total cost visibility dashboards provide for clients, and how do these metrics align with the goals set by ASGN Incorporated ASGN?
Can you elaborate on the automated governance features of the Cloudaware platform and how they contribute to financial optimization in the context of ASGN Incorporated ASGN’s mission?
How does the Managed FinOps-as-a-Service offering integrate with existing cloud infrastructures, and what role does ASGN Incorporated ASGN foresee in supporting clients through this transition?
**MWN-AI FAQ is based on asking OpenAI questions about ASGN Incorporated (NYSE: ASGN).
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