Princeton, New Jersey – A new research report published by Information Services Group (ISG), a leading global technology research and advisory firm, named CloudFrame as a Rising Star in the report category of Mainframe Application Modernization Software. In the report, ISG states that the number and size of modernization projects will significantly increase in the next three years, offers modernization insights, and offers advice on how organizations can prepare for mission-critical mainframe modernization projects. The
Extensive Technology and Industry Experience Strengthens CloudFrame Executive Team CloudFrame has announced a new Chief Operating Officer: Hans B. Otharsson. Hans has been a trusted business advisor to numerous global organizations facing modernization needs and brings years of legacy application experience and success to the CloudFrame organization. CloudFrame CEO, Venkat Pillay, states, “We’re excited to have Hans join us as our Chief Operating Officer. Hans has decades of experience with legacy modernization and worked with
IBM’s third-quarter earnings report hit the streets on October 20th, and the reaction wasn’t positive. The media buzz concentrated on lower-than-expected revenue, casting a bright light on the “legacy” elements as the cause of the downward pull. The company dimmed that light and discussion, explaining that the disappointing financial resultswere more “slight pause” than a “disruption.” Emphasizing the impending November 3rd, 2021 spinoff of managed infrastructure services business Kyndryl, IBM downplayed the risk of missing
By Jason EnglishNews | May 24, 2021 SUFFOLK, VA — June 2, 2021: Intellyx, the first and only analyst firm dedicated to digital transformation, today announced that CloudFrame has joined the inaugural class of their 2021 Digital Innovator Award. As an industry analyst firm that focuses on enterprise digital transformation and the disruptive vendors that support it, Intellyx interacts with numerous innovators in the enterprise IT marketplace. To honor these vendors, Intellyx has established the Intellyx Digital Innovator Awards. Intellyx will
Enterprise Engineering, Inc. and CloudFrame Inc. announce partnership to automate Mainframe COBOL to Cloud Migrations NEW YORK, Aug. 25, 2020 (GLOBE NEWSWIRE) — Enterprise Engineering, Inc. (EEI), an industry leader and trusted advisor to the financial services industry, today announced a new joint marketing venture with CloudFrame, a premiere global mainframe modernization software products company. The partnership solidifies EEI’s unique position as a leading cloud migration integrator and implementor and boosts CloudFrame’s delivery presence across North America. Companies with millions of lines
CloudFrame Named as One of Five Top Insurtech Innovators
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
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
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
5 Companies to Watch at this Year’s Fintech Innovation Lab New York Article written by Allie Cooper for The Financial Revolutionist https://thefr.com/opinion/2019/4/22/5-companies-to-watch-at-this-years-fintech-innovation-lab-new-york
Join us May 19, 2022 at 1:00 Eastern for CloudFrame’s next virtual event. COBOL modernization projects can be high-risk and costly. Especially if applications are modernized using a green-field rewrite approach. These projects can involve small armies of developers deployed for the heavy lifting of code production as they attempt to reduce the risk of […]
Enterprises have long sought the Cure for COBOL, the cure for rising costs, the cure for risks associated with the loss of knowledgeable resources, the rise of technical debt, and loss of understanding the mission-critical business applications and processes. History provides examples of what not to do: • ignoring the problem • thinking Lift and […]
Our last post looked at the five significant benefits of Java and zIIPs, detailing how the combination can reduce cost, simplify support and maintenance, deliver the performance you need, and improve portability. But most enterprise mainframe applications are written in COBOL. Now, most organizations are not likely to embark on a full-fledged campaign to convert […]