Flexera Named a Leader in Cloud Cost Management and Optimization by Independent Research Firm
24 Julio 2024 - 9:31AM
Flexera, the global leader in Technology Intelligence, today
announces that Forrester Research positioned it as a leader in The
Forrester Wave™: Cloud Cost Management and Optimization Solutions,
Q3 2024. Flexera One’s FinOps offerings including Cloud Cost
Optimization, Cloud Migration and SaaS Management were evaluated.
Based on Forrester’s evaluation, “Flexera excels in its flexible
platform. Flexera is known for its IT asset management capabilities
(ITAM) that integrate with its cloud cost management solution. The
company excels in its pricing flexibility and transparency.” The
Forrester report also states, “Flexera is a good fit for customers
that want a combined Cloud Cost Management and Optimization (CCMO)
and ITAM solution with open integrations.”
Collaboration across ITAM and FinOps is increasing. The FinOps
Foundation recently expanded its operational FinOps Framework to
include SaaS and Licensing; and launched the FOCUS 1.0
specification to standardize the format of cloud bills. FOCUS 1.0
includes SaaS billing data sets and is designed to eventually
support expanded billing data types, including PaaS, and
licensing.
“FinOps and ITAM have a lot of overlapping responsibilities and
shared interests, so it only makes sense that the disciplines would
collaborate to realize strategic company goals like organizational
cost savings,” said Brian Adler, Senior Director of Cloud Market
Strategy at Flexera. “In fact, 32% of software asset management
teams are engaging with their FinOps counterparts, up from 25% last
year, according to our recent State of ITAM report. Fully managing
and optimizing your cloud cost centers requires comprehensive
visibility across your entire environment, including all your
software running in the cloud, as well as your SaaS usage. This is
where Flexera One FinOps shines.”
Flexera One FinOps is a powerful solution that provides cloud
cost optimization, cloud migration and SaaS management capabilities
for organizations at any stage of their FinOps journey. With
Flexera One’s FinOps offering, organizations are able to:
- Understand and manage cloud usage and spend
- Plan for cloud migration and operate cloud environments at
scale
- Discover and address SaaS sprawl while identifying duplicate
applications
- Manage usage and spend across hybrid IT environments with
ease
Flexera and 11 other vendors were evaluated in The Forrester
Wave™ based on 25 criteria grouped into three categories: current
offering, strategy, and market presence. Flexera had the highest
possible scores in 17 of the 25 criteria, including cloud platform
support, resource discovery, billing administration, reporting,
usage policies, admin portal usability and experience, integrations
and APIs, partner ecosystem, and pricing flexibility and
transparency.
For more information about Flexera One’s FinOps offerings,
please visit: https://www.flexera.com/flexera-one/finops.
A complimentary copy of the report is available here.
Resources:
- The Forrester Wave™: Cloud Cost Management and Optimization
Solutions, Q3 2024
- Flexera 2024 State of the Cloud
- Flexera 2024 State of ITAM
About FlexeraFlexera helps organizations
understand and maximize the value of their technology, saving
billions of dollars in wasted spend. Powered by the Flexera
Technology Intelligence Platform, our award-winning hybrid IT asset
management and FinOps solutions provide comprehensive visibility
and actionable insights on an organization’s entire IT ecosystem.
This intelligence enables IT, finance, procurement and cloud teams
to address skyrocketing costs, optimize spend, mitigate risk, and
identifies opportunities to create positive business outcomes. More
than 50,000 global organizations rely on Flexera and its
Technopedia reference library, the largest repository of technology
asset data. Learn more at flexera.com
For more information, please contact:
publicrelations@flexera.com