In a strategic move aimed at revolutionizing cloud cost optimization, LTIMindtree has forged a collaborative partnership with CAST AI, a prominent SaaS company renowned for its prowess in automated cost optimization for cloud-native applications hosted on Google Cloud, AWS, and Microsoft Azure platforms.
This groundbreaking collaboration seeks to combine the strengths of LTIMindtree's Infinity platform and CAST AI's cutting-edge cloud cost optimization technology.
The ultimate goal is to present enterprises with a holistic view of their expansive cloud portfolio, empowering them to achieve unparalleled cost efficiency and seamless modernization.
CAST AI's CEO and Co-founder, Yuri Frayman, elucidated the innovative approach, emphasizing that manual configuration of resources, virtual machine selection, and auto-scaling policy establishment can be cumbersome and often lead to higher costs.
CAST AI's automation addresses these concerns in real-time, leading to significant cloud cost reduction, with reported average savings exceeding 60 percent.
Through the collaboration, businesses gain the ability to optimize Kubernetes management and mitigate costs across single and multi-cloud environments. The process requires minimal to no manual intervention, making the migration journey smoother and more cost-effective.
Nachiket Deshpande, the WholeTime Director and Chief Operating Officer at LTIMindtree, highlighted the partnership's strategic significance. By harnessing the combined capabilities of LTIMindtree and CAST AI, businesses can extract enhanced value from their cloud investments.
The collaboration offers end-to-end observability and cost optimization, enabling companies to allocate their budgets effectively for modernization initiatives.
Beyond immediate cost reductions, the collaboration's long-term impact is poised to redefine cloud usage strategies for organizations. With the ability to consistently optimize cloud expenses, businesses can realign their cloud-related financial strategies and reap sustained cost savings.
In a digital landscape where cloud adoption is integral to business success, LTIMindtree and CAST AI's partnership offers an avant-garde solution to a complex challenge.