CloudFrame Inc.

CloudFrame Inc. secures new round of funding to accelerate legacy modernization innovation and growth. CloudFrame Inc., a pioneering company specializing in mainframe application modernization solutions, further strengthens its market position by announcing a new round of funding led by EPAM Systems. This investment underscores CloudFrame’s commitment to delivering innovative solutions to our customers. CloudFrame products accelerate the movement of mainframe workloads to the cloud by leveraging application transformation and migration strategies that incorporate the capabilities of Generative AI to speed and scale migrations for the enterprise.  Learn more at www.cloudframe.com.

CloudFrame partnered with GFT on an exciting digital transformation project for a leading global credit card provider. Our CloudFrame solution seamlessly dovetailed into GFT's Legacy Application Modernization methodology, exemplifying a true partner value proposition where 1 + 1 equaled more than 2. Together, we helped the client migrate from an expensive COBOL system to a more efficient, future-proof solution. This transformation was a case book example of “Batch Cost Optimization” delivering reduced processing costs, ensured 100% functional equivalence, and enhanced overall system reliability.

Did you miss our monthly newsletter? Don't worry, we've got you covered! Here's an excerpt of our interview with COO Hans B. Otharsson, where he shares his thoughts on what it means to reinvent the modernization wheel. Q. What does "reinventing the wheel" mean to you in this context? How does CloudFrame differ from others in its approach to shifting perspective? What sets CloudFrame apart is our acknowledgment that the driving force behind these transformations has shifted from purely technical concerns to broader business imperatives. Today, enterprises are motivated by factors such as cost savings, resource optimization, and agility in responding to market dynamics and customer needs. Our approach to legacy software transformation is guided by a holistic understanding of the WHY behind the initiative. We recognize that the success of a transformation project hinges not only on technical execution but also on its ability to enhance the enterprise's positioning for customer satisfaction, operational efficiency, and adaptation to evolving market trends. Q. You have several years of industry experience. In your opinion, what modernization trends are here to stay? Which ones seem less likely to stick around? One constant in modernization endeavors is the presence of challenges such as Unknown Unknowns, Resistance to Change, and Resource Constraints. These perennial hurdles remind us that navigating the complexities of modernization requires careful planning, adaptability, and perseverance. Another enduring trend is the misconception that modernization is akin to using a Google Translate application—an oversimplification that fails to acknowledge the intricacies and nuances involved in the process. However, amidst these enduring trends, there are also emerging technologies and paradigms that hold promise for transforming modernization efforts. One such trend is the increasing utilization and availability of Artificial Intelligence (AI). Like any new technology, AI requires continued maturation, experimentation, and real-world experience to unlock its transformative power fully. Furthermore, the evolving landscape of customer demands, and the relentless evolution of cloud technologies are driving significant shifts in modernization strategies. The cloud's flexibility, scalability, and array of services offer unprecedented opportunities for innovation and agility, reshaping how enterprises approach modernization efforts and adapt to changing market dynamics. As industry professionals, it's essential for us to remain agile, informed, and open to embracing these transformative trends to drive successful modernization outcomes. To learn more about CloudFrame, click https://lnkd.in/eJ8jZ2yG or email us at [email protected]

I am thrilled to share the news. EPAM Systems invests in CloudFrame Inc.’s Intelligent COBOL Transformation Platform and enhances strategic partnership: https://epamsys.co/4bjpq4j Excited about the endless possibilities this collaboration brings and looking forward to delivering unparalleled value to our clients.    #Cloud #AI #GenerativeAI

Today’s investment marks yet another important milestone in our commitment to helping our clients embark on their #cloud transformation journey, while minimizing risks and maximizing efficiency. We are excited about the endless possibilities this collaboration brings and look forward to delivering unparalleled value to our clients. Our partnership aims to accelerate #AI enterprise migration and modernization efforts and to help our clients realize the promise of modern architectures.   Our Mainframe Modernization team will utilize CloudFrame Inc. products to accelerate the movement of mainframe workloads to the cloud by leveraging application transformation and migration strategies that can incorporate the benefits of using the CloudFrame transformation software and combining the capabilities of #GenerativeAI to speed and scale migrations for the enterprise. Read more: https://epamsys.co/3WF2vM2 -- Discover how EPAM helps customers solve cloud complexity from the inside out: https://epamsys.co/4bB3voW   #Cloud #CloudNative #AI #AItransformation

Today marks a significant milestone for the CloudFrame team as we secure new funding! This achievement is a testament to CloudFrame’s unwavering dedication to reinventing legacy modernization. I am incredibly proud of what we have accomplished together as a team and excited for the CloudFrame journey ahead . We will continue to push boundaries, inspire others, and strive for even greater success. #CelebratingAchievement #TeamWorkMakesTheDreamWork #MainframeModernization  #https://lnkd.in/ehmiz5mF #EPAM

Amazing Congrats CF Team!

CloudFrame secured new funding from our strategic partner EPAM Systems! I am grateful for the opportunity to be directly involved in managing, building and strengthening this partnership here at CloudFrame with Pedro Becquer. I am always learning something new from Deric Lubin and enjoy greatly working with Jonathan Cabelly and Robert McNelis, thank you! Together we are bringing the best in COBOL application modernization space to customers across the globe. Let's continue to push boundaries, inspire others, and strive for even greater success. #CelebratingAchievement #TeamWorkMakesTheDreamWork #MainframeModernization #cloudframe #epam #technologypartnership

Today marks a significant milestone for the CloudFrame team as we secure new funding! This achievement is a testament to CloudFrame’s unwavering dedication to reinventing legacy modernization. I am incredibly proud of what we have accomplished together and excited for the journey ahead. Let's continue to push boundaries, inspire others, and strive for even greater success. #CelebratingAchievement #TeamWorkMakesTheDreamWork #MainframeModernization 

Today, we celebrate a remarkable pivot for the CloudFrame team as we secure fresh funding! This accomplishment underscores CloudFrame’s steadfast commitment to revolutionizing legacy modernization. I am immensely gratified by our collective achievements and thrilled about the path that lies before us. Let’s persist in challenging limits, motivating others, and aiming for heightened triumphs. #MarkingSuccess #UnitedWeAchieve #LegacyTransformation