wealthy

Download the Wealthy Appto enjoy efficient Trading and Investing!

Download App QR Code
google-playapp-store

Welcome to Wealthy

user
mobile
OR
google-playapp-store
Curated Investing
Curated Investing
Completely Digitalised
Completely Digitalised
Bank Grade Security
Bank Grade Security
Help Centers
Help Centers

Unbeatable brokerage with wealthy broking  

Get Started

Hot Pursuit

4 Jun '25|10:23 AM

R Systems edges higher on partnership with Mavvrik to control AI, cloud infra spend

'As enterprises fast-track AI initiatives, infrastructure costs are becoming more fragmented, unpredictable, and difficult to track and manage. Untracked usage, cost attribution gaps, shared services, and siloed billing data make it difficult to understand true cost drivers or measure returns on investment,' the company said in a statement.

The R Systems'Mavvrik partnership, it added, will enable organizations to shift from reactive tracking to proactive financial governance, ensuring better accountability and ROI measurement across AI, cloud, and hybrid environments.

'As enterprises accelerate AI adoption, they're not just managing higher infrastructure costs but also navigating a new layer of financial and operational complexity. Traditional cost models were never designed for the dynamic, GPU-intensive, and hybrid environments AI demands. This R Systems'Mavvrik partnership is about helping businesses move from reactive cost tracking to proactive financial governance, so they can scale responsibly, with clarity, control, and confidence,' said Srikara Rao, CTO, R Systems.

'AI isn't just a new workload'it's a force multiplier for cost complexity across the stack,' said Sundeep Goel, CEO of Mavvrik. 'From cloud sprawl and opaque billing to fragmented cost data, enterprises are struggling to govern their spend. This partnership combines proven technology and deep expertise to help teams regain control and scale with confidence.'

R Systems is a leading digital product engineering company that designs and develops chip-tocloud software products, platforms, and digital experiences that empower its clients to achieve higher revenues and operational efficiency.

The company's consolidated net profit jumped 40.43% to Rs 38.59 crore on 6.2% increase in revenue from operations to Rs 442.46 crore in Q1 FY25 over Q1 FY24.

Powered by Capital Market - Live News