Mphasis, a prominent Information Technology (IT) solutions provider specializing in cloud and cognitive services, has unveiled a groundbreaking partnership with CoreStack, a global multi-cloud governance provider. This strategic alliance is set to usher in an era of unparalleled financial management and observability, aimed at enhancing operational efficiency and actionable insights for customers.

Empowering Enterprise Transformation

CoreStack assumes a pivotal role within Mphasis’ Cloud Business Solutions (CBS) and Agile IT Operations portfolio. A central objective of CBS and Agile IT Operations is to facilitate transparency, enabling enterprises to optimize their CloudOps, FinOps, and SecOps operations comprehensively. By harnessing the power of CoreStack’s platform, Mphasis will integrate its Operational Frameworks strategy, ensuring the consistent application of well-architected approaches across hybrid multi-cloud environments. This includes enterprise-level policy and controls monitoring, instrumentation and alerting, and comprehensive tagging—all through a single management interface.

Redefining Financial Management and Observability

Srikumar Ramanathan, Chief Solutions Officer at Mphasis, expressed enthusiasm about the partnership: “We are excited to join forces with CoreStack to bring to our clients an unparalleled solution that will redefine financial management and observability. With CoreStack’s state-of-the-art platform and Mphasis’ extensive experience in deploying, migrating key workloads, and reliably delivering hybrid multi-cloud operations and processes, we will offer a comprehensive phased approach to further augment and optimize our CloudOps, FinOps, and SecOps services. This will enable our clients to achieve unparalleled financial and operational efficiencies while ensuring complete transparency and tracking capabilities.”

Suren Singh, Chief Sales and Partnerships Officer at CoreStack, echoed the sentiment, stating, “We are proud to partner with Mphasis, a recognized leader in IT services, to bring this transformative solution to the market.”

Empowering Enterprises with NextGen Cloud Governance

CoreStack brings to the table a suite of multi-cloud, NextGen Cloud Governance modules, leveraging artificial intelligence (AI) to deliver continuous and autonomous governance for FinOps, SecOps, and CloudOps, all through a unified dashboard. This NextGen Cloud Governance empowers enterprises to mitigate risk, accelerate delivery, optimize performance, and innovate at an accelerated pace. Additionally, CoreStack offers assessments based on the Well-Architected Framework and custom frameworks, streamlining the evaluation, improvement, and maintenance of cloud workloads across all environments.

A Path to Structured Optimization

This transformative solution from Mphasis and CoreStack will empower medium to large enterprises across different stages of hybrid cloud and platform adoption. It will establish a structured and mature model for optimizing IT and business processes, procurement and sourcing, as well as workload and operation scalability and modernization. In an ever-evolving digital landscape, this partnership sets the stage for unparalleled value delivery to customers.

  CoreStack, Mphasis, Srikumar Ramanathan, Suren Singh