logo
R Systems and Mavvrik Partner to Enable Proactive Financial Governance for AI and Hybrid Infrastructure

R Systems and Mavvrik Partner to Enable Proactive Financial Governance for AI and Hybrid Infrastructure

Business Wire4 days ago

GREATER NOIDA, India & EL DORADO HILLS, Calif.--(BUSINESS WIRE)-- R Systems International Limited, a global leader in digital product engineering and Mavvrik, a leader in AI cost governance, today announced a strategic partnership to help enterprises gain visibility and precise financial control over rapidly escalating AI, cloud, and hybrid infrastructure investments.
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 R Systems–Mavvrik partnership helps organizations shift from reactive tracking to proactive financial governance for measuring accountability 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.
The joint solution combines R Systems' Dexterity Assessment Framework with Mavvrik's real-time cost intelligence platform to deliver actionable insights and measurable control.
Key Solution Benefits
Real-Time Financial Visibility: Unified dashboards that track and attribute AI, cloud, and hybrid infrastructure costs by product, service, or business unit.
Proactive Cost Governance: Automated policy enforcement, GPU chargebacks, and budget controls to manage spend and prevent overruns.
Faster, Informed Decisions: Actionable insights to support pricing, forecasting, and investment strategies across dynamic IT environments.
'AI isn't just a new workload, it's a multiplier for cost complexity across the stack,' said Sundeep Goel, CEO of Mavvrik. 'From cloud sprawl to opaque billing and siloed cost data, enterprises are struggling to govern spend. This partnership brings together the proven technology and expertise to help teams regain control and scale with confidence.'
For more details visit https://www.rsystems.com/our-partners/mavvrik/
About R Systems
R Systems is a leading digital product engineering company that designs and develops chip-to-cloud software products, platforms, and digital experiences that empower its clients to achieve higher revenues and operational efficiency. Our product mindset and engineering capabilities in Cloud, Data, AI, and CX enable us to serve key players in the high-tech industry, including ISVs, SaaS, and Internet companies, as well as product companies in telecom, media, finance, manufacturing, health and public services verticals.
R Systems uses its expertise in automation and integration including RPA and No-Code-Low-code platforms to help enterprises across these verticals achieve their OKRs.
www.rsystems.com
About Mavvrik
Mavvrik is the financial control centre for AI and hybrid infrastructure. With real-time visibility, intelligent cost attribution, and proactive guardrails, Mavvrik helps enterprises manage costs across cloud, SaaS, and on-prem environments—enabling faster decisions, improved forecasting, and sustained margin protection.
www.mavvrik.ai

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Trump-backed bill could block Tennessee's AI laws, threaten deepfake protections
Trump-backed bill could block Tennessee's AI laws, threaten deepfake protections

Yahoo

time32 minutes ago

  • Yahoo

Trump-backed bill could block Tennessee's AI laws, threaten deepfake protections

NASHVILLE, Tenn. (WKRN) — President Donald Trump's 'big, beautiful bill' could change the way Tennessee regulates artificial intelligence. New language added to the legislation would block states from regulating AI or risk losing federal broadband funding. That means state laws like the Elvis Act, which protects artists from having their voices or images stolen by AI, would be put on pause. 'We are just hoping that we're not taking a couple steps backward since there's no federal regulation currently in place,' Kaley Bonett, a Nashville entertainment lawyer at Hall Booth Smith, said. MAY: House Republicans include a 10-year ban on US states regulating AI in 'big, beautiful' bill 'The songwriters — all — are entitled to revenue generated from the performances and distribution of that particular sound recording of their song, so if there's a deepfake imposing and competing with the authentic, then it's going to affect where the revenue share goes,' a Nashville managing partner and shareholder for Hall Booth Smith, Karl Braun, explained. 'It's going to be very difficult for, let's say, a songwriter to protect themselves legally from this evolving kind of internet Wild, wild west.' 'The big beautiful bill that the president is advancing does not replace those regulations with anything, which is almost unprecedented,' Plaintiffs Attorney at Spragens Law, David Kieley, said. Also at risk is the 'Preventing Deep Fakes Images Act,' which makes it a felony to post fake AI images designed to harm someone's reputation. Nashville-based meteorologist Bree Smith was targeted by AI imagery herself, explaining that someone used AI to take her face and put it on someone else's semi-naked body. '[This bill] just means that we are saying for 10 years we are going to let people potentially be victimized in this way, and that can't happen,' Smith said. 'It's not going to be any more okay for something like that to happen 10 years from now than it is for it to happen today.' 'Even looking prospectively at things we haven't really encountered yet, but this would stop the state from being able to regulate things like driverless cars in your town, driverless 18-wheelers on Tennessee highways,' Kieley added. 'We don't know really how this technology could affect public safety things like 9-1-1, dispatch.' A law signed just last week by Governor Lee banning AI-generated child sexual abuse material could also be blocked. ⏩ 'It would put child sex predators and big tech over the safety of our families,' Sen. Heidi Campbell (D-Nashville) said. 'This is really antithetical to the values that people across the aisle in Tennessee have been communicating with our legislation.' The president's bill passed in the House of Representatives. It's now in the Senate, where supporters hope to finalize it by July. Senator Marsha Blackburn has previously stated that Tennessee needs AI safeguards, saying, 'Until we pass something that is federally preemptive, we can't call for a moratorium on those things.' Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End
HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End

Yahoo

timean hour ago

  • Yahoo

HIVE Digital Capacity Crosses 10 EH/s in May, Aims to More Than Double That by Year-End

Bitcoin miner HIVE Digital Technologies (HIVE) has surpassed 10 exahash per second (EH/s) in hashrate capacity, a 58% increase from April, driven by the launch of a 100-megawatt hydro-powered site in Paraguay. The company said in a press release on Friday that it's on track to reach 25 EH/s by the end of 2025. The firm mined 139 bitcoin in May, or an average rate of 4.5 BTC per day. Peak capacity hit 10.4 EH/s while average hashrate for the month stood at 8.5 EH/s. HIVE said its fleet efficiency remained steady at around 20 joules per terahash (J/TH), and its network share now exceeds 1% of global Bitcoin mining power. The new facility in Paraguay reflects a broader trend in the mining industry: the race to deploy next-generation ASIC miners rapidly and at scale in regions with abundant renewable power. Co-founder Frank Holmes emphasized the company's speed and flexibility, pointing to its Buzz HPC division, which supports AI cloud infrastructure alongside Bitcoin mining. CEO Aydin Kilic said the company's goal for the summer is 18 EH/s, and that fleet upgrades should allow for a daily BTC output of over 12 by the fourth quarter — potentially at a production cost below $50,000 per coin. HIVE operates facilities in Canada, Sweden and Paraguay, powered entirely by hydroelectricity. The company was the first publicly listed crypto miner on the TSX Venture Exchange in 2017. HIVE shares are higher by 13% in New York trade on Friday as the mining sector rallies alongside bitcoin's gain to above $105,000.

Oncoscope Officially Launches, Ushering in a New Era of Real Time Oncology Intelligence
Oncoscope Officially Launches, Ushering in a New Era of Real Time Oncology Intelligence

Associated Press

time2 hours ago

  • Associated Press

Oncoscope Officially Launches, Ushering in a New Era of Real Time Oncology Intelligence

06/06/2025, Miami, Florida // PRODIGY: Feature Story // Anna Forsythe, founder of Oncoscope-AI (source: Oncoscope-AI) Oncoscope-AI, a revolutionary oncology intelligence platform, has officially launched following a successful beta phase and over a year of strategic development that involved extensive conversations with practicing oncologists. The platform, which delivers real-time, human-curated cancer insights enhanced by artificial intelligence, is now live and available free of charge to verified healthcare professionals worldwide. Founded by Anna Forsythe, a pharmacist, health economist, and seasoned pharmaceutical executive, Oncoscope addresses a critical gap in oncology care. It gives clinicians instant access to the most current treatment data, FDA approvals, and guideline-aligned information, consolidated into one user-friendly platform. 'Doctors do not need more data. They need the right information, at the right time, in a format they can use to make better decisions for their patients,' said Forsythe. 'Oncoscope provides that clarity. It is a living library of oncology, curated by experts and built to save lives.' Unlike generic AI tools or static databases, Oncoscope uses trained AI to scan thousands of oncology publications and filters them through a rigorous, evidence-based framework. Each entry is cross-referenced with clinical guidelines and regulatory approvals to ensure usability and relevance. All of the results are carefully scrutinized by a team of experienced researchers. Currently, the platform supports breast and lung cancer, with prostate, bladder, colon, and rectal modules rolling out in the coming months. The process is intuitive. Physicians answer three clinical questions—cancer stage, genetic markers, and prior treatments—and receive a personalized, actionable summary. Each recommended article includes survival data, progression insights, treatment efficacy, and toxicity, extracted across 32 key clinical parameters. 'The result is something physicians can actually use in the moment,' said Forsythe. 'It takes three clicks to go from a patient in the room to the most up-to-date evidence in the field.' Access to Oncoscope is free for verified healthcare professionals, including physicians, nurses, pharmacists, genetic counselors, and physician assistants. Non-verified users, such as those in finance or consulting, can purchase limited access at a monthly rate, restricted to a single cancer type. This structure reflects the company's commitment to empowering front-line clinicians with better tools—without barriers. Forsythe, who previously founded and sold a successful health economics company serving global pharmaceutical clients, brings a rare combination of clinical, technical, and business expertise to this venture. She sees Oncoscope not only as a tool, but as a mission. 'This platform was born from both professional insight and personal urgency,' she said. 'Too many patients are still receiving outdated treatments, simply because their doctors do not have time to stay current. I realized I had the knowledge, the team, and the experience to fix that.' With a lean team, strategic vision, and a rapidly growing user base, Oncoscope is poised to become a trusted global resource in cancer treatment. 'We are not just a tech company,' said Forsythe. 'We are part of the oncology ecosystem. And we are here to help doctors deliver the best care possible.' For more information, visit Media Contact: Name - Anna Forsythe Email - [email protected] Source published by Submit Press Release >> Oncoscope Officially Launches, Ushering in a New Era of Real Time Oncology Intelligence

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store