Reduce Mainframe Costs with CloudFrame

Consider Cross-Compiling COBOL to Java to Reduce Costs by Craig Mullins Most organizations that rely on the mainframe for their mission-critical workload have a considerable amount of COBOL programs. COBOL was one of the first business-oriented programming languages having been first introduced in 1959. Designed for business and available when the IBM 360 became popular, COBOL is ubiquitous in most mainframe shops. Organizations that rely on COBOL need to make sure that they continue to support and manage these applications or risk interruptions to their business, such as those experienced by the COBOL applications that run the state unemployment systems when the COVID-19 pandemic caused a spike in unemployment applications. Although […]

Accenture Press Release Names CloudFrame

Accenture Press Release Names CloudFrame 11 Enterprise Tech Companies Showcase Inventive Products and Services at the 2019 FinTech Innovation Lab New York Demo Day Alumni companies of the New York Lab have raised a combined US$1 billion since participating NEW YORK; June 27, 2019 – Eleven emerging enterprise tech companies will present their technologies to dozens of top executives within the financial services, venture capital and technology industries today at the ninth annual FinTech Innovation Lab New York Demo Day. Livestream of the presentations can be viewed here. Founded in 2010 by Accenture (NYSE: ACN) and the Partnership Fund for New York City, the FinTech Innovation Lab New York provides early- and growth-stage fintech companies with […]

CloudFrame Secures $1.5 Million Seed Financing Led by New York Angels

CloudFrame Secures $1.5 Million Seed Financing Led by New York Angels NEW YORK (PRWEB) MAY 29, 2019 CloudFrame, a software company bridging the mainframe innovation gap with a step-by-step, low-risk approach to modernizing legacy technologies, today announced it completed $1.5 million in Seed financing. The New York Angels led the investment round with participation from existing and new investors. The investment will help the company aggressively expand its sales and marketing efforts as well as broaden and accelerate product development. Bruce Gallager of the New York Angels will join CloudFrame’s Board of Directors. New York Angels is one of the longest running active angel groups in New York City and has […]

CloudFrame Inc. Names Roseann Palmieri Executive Chairperson

CloudFrame Inc. Names Roseann Palmieri Executive Chairperson NEW YORK (PRWEB) MAY 03, 2019 CloudFrame today announced Roseann Palmieri as Executive Chairperson and member of its Board of Directors. Roseann is a highly respected advisor, senior executive, entrepreneur and data management expert with over 25 years of experience in the Financial Technology Industry. Roseann comes to CloudFrame after serving as an advisor to the company in her role as Managing Partner at Sand Hill East LLC. Sand Hill East is a strategic advisory firm working with early-stage startups to facilitate business acceleration and growth. Ms. Palmieri assumes her Executive Chairperson role following the public debut of CloudFrame at the Fintech Innovation Lab […]