You are given a text that consists of multiple sentences. Your task is to perform abstractive summarization on this text. Use your understanding of the content to express the main ideas and crucial details in a shorter, coherent, and natural sounding text.

TAMPA BAY, Fla.--(BUSINESS WIRE)--Blue.cloud, the cloud-only digital transformation company, today announced that Brian Alvarez has joined the organization as Executive Vice President, Corporate Development, a new, growth-focused leadership position. A former U.S. Army Intelligence officer, CEO and investor, Mr. Alvarez will lead the charge in identifying, evaluating and executing new acquisition opportunities, investor partnerships and major financing activities that will position Blue.cloud optimally for its continued rapid expansion and leadership in the fast growing data and analytics space. Im excited to help Blue.cloud advance on its trajectory of accelerated growth, and Im eager to lead the charge as they seize new opportunities through partnerships and strategic capital investments, said Mr. Alvarez. Coming from a business services company, I know first-hand the tremendous impact that digital transformation can have on an organizations ability to achieve its goals. Blue.clouds partnerships with Snowflake, ThoughtSpot and Starburst all best in-class players in the data and analytics space are testimony to the need and value of its technologies and services. This is an amazing opportunity to spearhead the development of a technology pioneer whose solutions are helping companies execute on their digital transformation initiatives with speed and efficiency. Mr. Alvarez, who will relocate from California to Tampa Bay, FL where Blue.cloud is headquartered, brings more than 12 years of leadership experience to the company as a finance professional and CEO, as well as a field grade officer in the U.S. Army. Prior to joining Blue.cloud, he was CEO of a private equity backed business services company and led the organization through significant growth and professionalization. Before that, he worked at a Boston-based private equity firm and the Chicago-based middle-market investment bank, Lincoln International. Alvarez also served for several years as an Army Intelligence Officer and is currently a Major in the Army Reserves. In 2016, Alvarez founded an investment vehicle for a search fund acquisition, focusing on small- to mid-sized businesses. He has invested in business services and technology companies across the country and serves as an advisor to multiple search fund investors and CEOs. Mr. Alvarez holds an economics degree from West Point and an MBA from Harvard Business School. Blue.cloud is laser-focused on providing top-notch technologies and services to our clients as they digitally transform, and our investments and partnerships are key to making this happen, said Praveen Ramineni, co-Founder and co-CEO of Blue.cloud. While weve executed successfully on numerous partnership and acquisition opportunities to date, with Brian heading up our future development efforts, we now have deeper resources to work even more aggressively toward meeting our goals for growth and expansion in 2021 and beyond. Were excited to welcome Brian to our team as EVP, Corporate Development, said Kerem Koca, co-Founder and co-CEO of Blue.cloud. His broad experience as a leader, investor and CEO is the perfect combination to help lead us through our next stage of accelerated growth by maximizing enterprise value and capital for growth initiatives. He has the expertise needed to streamline expansion efforts from both operational and financial standpoints, and a proven track record for flawless execution. Theres no limit to what he can help us achieve. About Blue.cloud Founded in 2021, Blue.cloud is a cloud-only digital transformation company that specializes in implementing leading cloud technologies and solutions for clients. Blue.cloud provides digital strategy, data engineering and analytics, digital services and cloud operation services to companies ranging from Fortune 500 enterprises to mid-market companies and startups. It has deep technology skills that enable key business processes and works across industries to deliver cloud transformation solutions that impact growth and differentiated customer experience for clients. Blue.cloud is the evolution of Bluenet, which was founded in 2004 in the data and analytics space. The company is headquartered in Tampa Bay, FL. For more information, visit www.blue.cloud

Answer: Blue.cloud Taps Brian Alvarez as EVP, Corporate Development, a New, Growth-Focused Leadership Position at the Company Former CEO of business services company will lead development efforts to support Blue.clouds accelerated growth