Edgewater Technology-Ranzal, LLC, (Edgewater Ranzal), a wholly-owned subsidiary of Edgewater Technology Inc. (NASDAQ:EDGW) and Cloud Select Platinum level member of Oracle PartnerNetwork, is pleased to announce a new alliance with Thavron Solutions, a services management consulting company that assists both outsourced service providers and internal corporate service providers with driving value to their businesses.

This alliance unites our respective expertise and strengths to deliver a comprehensive Information Technology Financial Management (ITFM) solution to clients that provides a unified view of IT's value to the business determined through a rigorous, disciplined, and transparent process, known as ITFM, governed through the offices of the CFO and CIO.  Edgewater Ranzal's cost management, planning, and business intelligence technical expertise complement Thavron's strategic advisory services and trademarked business service success framework.

"With our continued growth and expansion, this partnership enables us to assist clients needing ITFM solutions," said Robin Ranzal, President of Edgewater Ranzal. "An alliance with Thavron Solutions is mutually beneficial as we are able to combine our expertise and provide our clients with a complete solution.

"Our joint solution allows us to help organizations reduce the time IT Finance spends on managing business processes, deliver IT managers more detailed and timely data, as well as provide Finance transparency across business goals," stated Nan Braun, CEO of Thavron Solutions.  "The partnership brings together Thavron's consulting capabilities and data algorithms for ITFM and Business Services, and Edgewater Ranzal's expert capabilities in designing and implementing the Oracle Cloud solutions."

"This collaboration brings a unique intersection of technology, strategy and implementation expertise to the ITFM space," stated Matt Bradley, Senior Vice President, Product Development, Oracle. "We see a compelling opportunity to further strengthen the bonds between the offices of the CFO and CIO and bring a common language to the business," added Bradley.

Both Edgewater Ranzal and Thavron Solutions will attend the 2017 World of IT Financial Management conference in New Orleans from August 7-11