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The company monitors and provides broad and deep 360 degree visibility into key areas of a business, detecting irregularities to immediately provide relevant recommendations and resolve operational issues. CoreStack also provides a concise overall environment health score that allows its customers to regularly quantify their management and governance performance.
To better position itself in the market and innovate on a larger scale, the company works with industry leaders such as Microsoft Azure, AWS, Google Cloud and Oracle Cloud. These partnerships allow CoreStack to support all the infrastructures and services used by customers.
“In the hybrid cloud management market, CoreStack has approached cloud management differently than its competitors, with convergent tasks typically managed separately, under a platform that is easy to deploy and use with most common infrastructure and services. that corporate clients use,” said Karyn Award, head of industry at Frost & Sullivan. “By changing the management approach to focus on governance first, CoreStack gives customers much better visibility than other management vendors, with all infrastructure first configured and deployed using policies that facilitate ongoing management.”
During the first two years of the COVID-19 pandemic, several companies adopted digital transformation and cloud migration strategies to meet emerging customer needs and support hybrid working, and CoreStack capitalized on this scenario by designing a business strategy that captures unmet needs in the market. As a result, the business has grown significantly and achieved year-over-year revenue growth of over 300% in 2021.
Additionally, CoreStack’s approach to sustainability is remarkable. The company stands out from its competitors in the field of hybrid cloud management platforms by placing a strong emphasis on its environmental, social and governance (ESG) initiatives which strongly help companies rank higher in the indices sustainability by constantly making recommendations to improve their sustainability standards.
“CoreStack has developed a robust hybrid cloud management platform that not only addresses management but also governance. The company is also ahead of its competitors in measuring and managing sustainability,” Price noted. “Of all the vendors surveyed for the Frost & Sullivan hybrid cloud management platform radar, CoreStack is the first to have sustainability initiatives in the platform’s roadmap. Given that the indices ESG are exploding and companies that make meaningful progress in ESG initiatives are winning in today’s market, such progress is critical for market leaders.”
Each year, Frost & Sullivan presents this award to the company that has leveraged competitive intelligence to successfully execute a strategy that results in stronger market share, competitive brand positioning and customer satisfaction. .
The Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for outstanding achievement and superior performance in leadership, technology innovation, customer service and strategic product development. Industry analysts benchmark market players and measure performance through in-depth interviews, analysis, and in-depth secondary research to identify industry best practices.
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CoreStack is a NextGen cloud business accelerator that enables enterprises to predictably increase revenue, improve efficiency, and gain competitive advantage with AI-powered NextGen cloud governance on autopilot. CoreStack’s FinOps, SecOps and CloudOps solutions encompass, enhance and extend cloud native, enable reporting, recommendation, remediation and provide single governance across multiple clouds. With executive dashboards for comprehensive, real-time insights, CoreStack delivers transformative value such as a 40% increase in operational efficiency, a 50% decrease in cloud costs, and quality assurance and compliance. 100% security. CoreStack helps more than 300 global enterprises manage over $1 billion in annual cloud consumption. Frost & Sullivan, Gartner, and IDC have recognized CoreStack as an innovator and leader in cloud management. CoreStack is backed by strategic advisers, including the ex-CEO of Wipro and the ex-CIO of Microsoft. The company is a Microsoft Azure Gold Partner, Amazon AWS Advanced Technology Competency Partner, and Google Cloud Build Partner. To learn more, visit www.corestack.io
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SOURCE Frost & Sullivan