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Technology: LTIMindtree-CAST AI to help companies save cost of cloud migration

Fiinews by Fiinews
August 31, 2023
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Collaboration assisting customers in deriving value from cloud investments

The strategic collaboration between LTIMindtree [NSE: LTIM, BSE: 540005] and Florida-based CAST AI will help companies save, on average, over 60% on cloud costs as they modernize legacy applications for cloud migration.

The partnership, announced on 28 Aug 2023, brings together LTIMindtree’s Infinity platform, with CAST AI’s cloud cost optimization platform to provide enterprises with a complete view of their cloud portfolio.

“This combined offering will empower organizations to optimize Kubernetes management and costs in a single or multi-cloud environments, without any manual intervention. It will also help free up the customers’ time from routine tasks by automating 100% of their cloud-native infrastructure, resulting in increased stability and reduced costs,” said LTIMindtree.

“This partnership with CAST AI has enabled us to offer discrete services to our customers aligned with their business goals and objectives,” said Nachiket Deshpande, Whole-Time Director, and Chief Operating Officer, LTIMindtree.

“Through this collaboration, we are assisting our customers in deriving value from their cloud investments through enhanced end-to-end observability & cost optimization, along with freeing up their budget for modernization,” said Deshpande.

The collaboration will strengthen the value proposition and help the organizations align their cloud usage strategies and achieve continuous cost savings.

LTIMindtree is a global technology consulting and digital solutions company that enables enterprises across industries to reimagine business models, accelerate innovation, and maximize growth by harnessing digital technologies. As a digital transformation partner to more than 700 clients, LTIMindtree brings extensive domain and technology expertise to help drive superior competitive differentiation, customer experiences, and business outcomes in a converging world.

CAST AI is an all-in-one cloud-native automation platform that reduces customer cloud bills by over 60% on average. Powered by AI, CAST AI provides cloud cost automation for real-life containerized applications running on AWS, GCP, and Azure. Fiinews.com

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