Cognizant Launches Global FinOps Center of Excellence, New Solutions Built with IBM Technology to Tackle Enterprise Modernization Challenges | PR Newswire [Video]

Collaboration debuts solutions that aim to enable enterprises to manage complexity, modernize legacy applications and innovate with enterprise-scale AI.

, /PRNewswire/ — Cognizant (NASDAQ: CTSH) and IBM announced the debut of a new FinOps¹ Center of Excellence (CoE), built on IBM’s leading FinOps software and Cognizant’s cloud and developer platforms. The global innovation center harnesses the strengths of Cognizant’s industry and technology expertise, combined with IBM solutions, to help global clients address challenges, including escalating costs, around AI readiness, cloud governance and architecture modernization.

Alongside the CoE announcement, Cognizant launched extensions of its Cognizant® Skygrade™ and Flowsource™ platforms that are designed to integrate with IBM Apptio, Turbonomic, watsonx.governance and watsonx Code Assistant for Z. The solutions bring together Cognizant’s deep engineering capabilities with IBM’s powerful tools to help enterprise clients transition to modern architectures and streamline cloud management operations.

“Modern businesses face significant challenges in managing complexity, operational risks, and cost overhead due to the pervasive impact of …