Apex Systems Partners with Cloudaware to Launch Joint FinOps Solution
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1 day ago
0mins
Should l Buy ASGN?
Cloudaware and Apex Systems, a global technology solutions firm and one of six ASGN brands that will be unifying under the new Everforth brand (ASGN), announced a strategic partnership to launch a comprehensive, joint FinOps solution. "We're thrilled to partner with Cloudaware to bring our clients a stronger, more unified approach to FinOps. By combining Apex's cloud advisory and managed services with Cloudaware's realtime cloud governance platform, we're giving organizations the clarity and control they need to manage multicloud environments with confidence. This partnership reinforces our commitment to helping customers optimize costs and modernize responsibly while accelerating their cloud maturity," said Chris O'Hare, SVP, Global Head of Cloud and Infrastructure at Apex Systems.
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Analyst Views on ASGN
Wall Street analysts forecast ASGN stock price to rise
5 Analyst Rating
3 Buy
2 Hold
0 Sell
Moderate Buy
Current: 43.120
Low
54.00
Averages
60.25
High
65.00
Current: 43.120
Low
54.00
Averages
60.25
High
65.00
About ASGN
ASGN Incorporated is a provider of information technology (IT) services and solutions to the commercial and government sectors. The Company operates through two segments: Commercial and Federal Government. The Commercial segment provides a spectrum of IT services and solutions to Fortune 1000 and large mid-market clients. Growth in this segment is being driven by digital transformation and innovation requirements, including that of AI, workforce mobilization, and modern enterprise needs across five industry verticals: Financial Services, Consumer and Industrial, Technology, Media, and Telecom, Healthcare, and Business and Government Services. The Federal Government segment delivers advanced solutions in cloud and enterprise IT, cybersecurity, AI/ML, application, and digital transformation to agencies in both the public and private sectors. The segment provides services under time-and-materials, cost-reimbursable, and firm-fixed-price contracts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Extensive Industry Experience: Scott brings over 25 years of leadership experience, having served as CEO of IDEMIA, where he successfully drove organizational transformation and improved financial performance, which is anticipated to bring new growth momentum to ECS.
- Market Opportunities: As federal agencies increase investments in technology modernization, ECS is well-positioned to meet government IT demands, and Scott's addition is expected to further enhance the company's competitive edge in the market.
- Brand Transition Plan: ASGN plans to transition to Everforth in the first half of 2026, unifying its six brands, and Scott's leadership will aid in achieving this strategic goal while enhancing cross-brand collaboration capabilities.
See More
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- Real-Time Cost Visibility: The new solution offers real-time dashboards across AWS, Azure, Google Cloud, and private cloud environments, enabling enterprises to gain full visibility into cloud spending and mitigate the risks of 'cloud sprawl', thereby optimizing cost structures.
- Automated Governance Capabilities: By proactively identifying wasted resources and implementing automated remediation workflows, the solution ensures continuous optimization, assisting enterprises in efficiently managing complex multi-cloud environments and enhancing financial transparency.
- Managed FinOps Services: Apex Systems provides dedicated experts for organizations lacking internal resources to manage the Cloudaware platform, drive cultural change, and ensure cost-saving targets are met, further enhancing clients' cloud maturity.
See More
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- Robust Future Outlook: The company projects Q1 2026 revenues between $960 million and $980 million, with net income of $25.8 million to $29.4 million, demonstrating confidence in future growth, especially with ongoing investments in AI and digital engineering.
See More
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- Technology Certification: QSE has achieved Level 2 Certification under the CyberSecure Canada program and, through a strategic partnership with NUSA Networks, has rapidly accessed Indonesia's government and financial services sectors, further solidifying its technology application in critical infrastructure.
- Funding Support: The company recently completed a C$2.8 million financing round, ensuring operational funding against the backdrop of a projected global post-quantum cryptography market reaching $17.69 billion by 2034, demonstrating its strong market readiness.
- Product Innovation: QSE's qREK Software Development Kit enables the generation of quantum-resilient encryption keys, supporting AES, RSA, and NIST-recommended post-quantum algorithms, enhancing enterprise security under a zero-trust architecture, and is expected to drive further growth in the secure communications market.
See More
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- Strategic Partnership: Through a partnership with NUSA Networks and Porta Nusa, QSE gains rapid access to Indonesia's government and financial services sectors, leveraging NUSA's experience from over 150 major projects to accelerate the deployment of its technology in critical infrastructure, thereby enhancing its competitive edge.
- Product Innovation: The launch of QSE's qREK Software Development Kit enables the generation of quantum-resilient encryption keys compatible with AES, RSA, and NIST-recommended post-quantum algorithms, which is expected to bolster enterprise security communication capabilities under a zero-trust architecture, further solidifying its market position.
- Funding Support: QSE's recent C$2.8 million financing round ensures it is well-funded to execute its global expansion plans, especially as the global post-quantum cryptography market is projected to reach $17.69 billion by 2034, enhancing its operational readiness.
See More
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- Profitability Enhancement: ASGN anticipates adjusted EBITDA margins in the low 20 percent range for 2026, and the acquisition of Quinnox is expected to further enhance overall profitability, positively impacting adjusted EPS.
- Fourth Quarter Performance Forecast: ASGN reaffirmed its revenue guidance for Q4 2025 at $960 million to $980 million, with adjusted EBITDA also expected to be at the high end of the previously announced range of $102 million to $107 million, reflecting strong momentum in AI and consulting.
See More
