The CoE aims to help global clients address challenges such as escalating costs, Al readiness, cloud governance, and architecture modernization . By leveraging the strengths of both Cognizant and IBM, the CoE helps clients operate more efficiently and innovate quickly and responsibly.
The CoE aims to modernize mainframe applications to increase agility and innovation through code modernization. This involves leveraging IBM's watsonx Code Assistant for Z to support the adoption of a hybrid cloud strategy and maximize the value of mainframe investments.
The initiative aims to provide visibility and accountability over cloud costs, optimize usage, and implement real-time production adjustments to eliminate waste in multi-cloud environments. This helps organizations manage cloud expenses more effectively and ensures efficient resource utilization.
The initiative also includes implementing AI governance to ensure AI systems are fair, transparent, and compliant with quality standards.
This collaboration leverages IBM's FinOps software and Cognizant's cloud and developer platforms to help clients transition to modern architectures and streamline cloud management operations.
Alongside the CoE, Cognizant launched extensions of its Cognizant Skygrade™ and Flowsource™ platforms. These extensions are designed to integrate with IBM's Apptio, Turbonomic, watsonx.governance, and watsonx Code Assistant for Z. This integration brings together Cognizant's deep engineering capabilities with IBM's powerful tools to help clients transition to modern architectures and streamline cloud management operations.
For an uninitiated, FinOps (short for Financial Operations) is an operational framework and cultural practice that aims to maximize the business value of cloud computing while enabling financial accountability and data-driven decision-making. FinOps is sometimes referred to as Cloud Financial Management, Cloud Cost Management, or Cloud Optimization. The goal is to get the most value out of cloud investments, driving efficient growth and innovation.
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