All press releases

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.”

Flexera is the first ITAM solutions provider to hold all Oracle third-party SAM tool verifications within the Global Licensing Advisory Services (GLAS) program. The verifications assure customers they can maximize the value of their Oracle investments with data they can trust across Flexera products.

Flexera’s annual report, which surveys global IT professionals, investigates how the maturity of IT asset management (ITAM), FinOps, security, software asset management (SAM) and hardware asset management (HAM) teams impacts the value they deliver to their organizations. It also provides a view of the future of ITAM and SAM teams as they evolve to serve the needs of hybrid IT and cloud-first organizations.

Flexera solutions are sold, supported, serviced and managed by a global network of consulting, service and technology partners. The company is committed to a Partner First model with a structure that builds efficient, solutions-driven and transparent partnerships emphasizing joint growth planning, business development and marketing activities. Datacom—which builds technology solutions to deliver greater security, higher productivity, and a more sustainable future—was also Flexera’s partner of the year for the APAC region in 2022.

“IT leaders have a unique vantage point into the struggles and opportunities organizations face as they navigate an ever-changing technology landscape,” said Becky Trevino, Chief Product Officer at Flexera. “The Technology Intelligence Summit brings together industry thought leaders, ITAM and FinOps community members, global partners and more to discuss the ongoing problems and future needs to optimize all technology in the hybrid IT environment, from on-premises, cloud, SaaS, software, containers and more.”

Flexera is a long-standing Oracle partner that has been continuously verified as a third-party tool vendor by Oracle’s Global Licensing and Advisory Services (GLAS). This status allows Flexera customers to conduct a detailed asset management evaluation of their currently deployed Oracle estate with Flexera’s solutions.

The 2024 report is available at https://www.flexera.com/stateofthecloud.

Flexera’s existing SBOM management capabilities are part of the pioneering software composition analysis (SCA) platform historically sold through Flexera’s Revenera division. With this launch, Flexera One IT Visibility supports software buyers' use cases with the same capabilities SCA customers' have relied on for over 15 years. The new SBOM management feature of Flexera One IT Visibility mitigates the increased risks of software vulnerabilities and data breaches. It also drives strategic technology decisions with a clear view of assets down to their component level.

“Flexera and Snow share the same mission to maximize the value of technology for our customers.” said Jim Ryan, President and CEO of Flexera. “By joining forces, we bring together unrivaled domain expertise, unmatched technology data and intelligence, and the ability to deliver even more business outcomes for our joint customer base. Flexera’s acquisition of Snow unlocks new opportunities for hybrid ITAM and FinOps. We are excited to broaden the capabilities for customers and partners of both companies.”

CRN’s Cloud 100 list spotlights technology suppliers for their commitment to channel partners as well as their demonstrated innovation in cloud-based technology development. This list is the trusted resource for solution providers looking for technology vendors best positioned to support their cloud product and services needs.

Worldwide IT spending could reach $5.1 trillion in 2024, according to Gartner. It is estimated that up to 32% of this spend is wasted. Together, Flexera and Snow will provide deeper visibility and greater insights into the assets, technologies, terms of licensing and usage that comprise this spend and associated risks. Flexera and Snow will offer an expanded global footprint, a powerful strategic partner network and expanded IT Asset Management (ITAM), SaaS Management and FinOps capabilities.

The expanded Flexera Certification program empowers customers to showcase their expertise using Flexera solutions, promoting industry recognition and adherence to best practices in platform operations. For hiring managers, these certifications are a reliable way to identify and recruit qualified resources quickly, streamlining the hiring process for specialized ITAM and FinOps roles.

“We have received this honor from our Chicago-area employees for twelve consecutive years, and it is something I don’t take for granted.” said Jim Ryan, President and CEO of Flexera. “We continue to focus on listening to our employees and providing a culture in which they can thrive.”

The Council operates the world’s largest community for public and private sector CxO executives and practitioners, helping them increase the value derived from IT projects across cloud, emerging technologies, portfolio investments, and resources across their organizations. Flexera provides discovery, normalization and correlation of IT data that helps enterprises understand and use their Enterprise Technology Blueprint™ to manage cost, risk and future investment for on-premises, cloud and SaaS solutions.

“According to Flexera 2023 Tech Spend Pulse research, Salesforce represents one of the largest vendors in terms of spend for organizations globally,” said Cyndi Tackett, SVP of Marketing at Flexera. “There is a massive opportunity for these organizations to gain visibility into their Salesforce instances and uncover optimization opportunities that lead to realized savings.”

As digital transformation accelerates, enterprises navigate inflation, workplace norms change, and the demand for innovation grows. Many IT professionals are returning to offices; the associated vendor costs and hefty cloud commitments are rising, as is the challenge of optimizing spend. Though wasteful IT spending is subsiding, cost optimization decision-making remains laborious. A thorough understanding of IT assets is vital; top organizations leverage data for decisions, prioritize spend efficiency and harness the power of artificial intelligence.

“Flexera’s research highlights a greater focus on corporate efficiencies,” said Cyndi Tackett, SVP of Marketing at Flexera. “Around the globe, ITAM professionals find themselves at the nexus of key enterprise initiatives, including cost savings, FinOps, security, and even ESG programs, such as those that track carbon emissions. This puts more pressure on ITAM teams to stay nimble, flexible, and manage a single source of truth for IT data and insights.”

IBM Authorized Service Providers (IASP) are responding favorably:

Great Place to Work® is the global authority on workplace culture, employee experience, and leadership behaviors proven to deliver market-leading revenue, employee retention, and increased innovation.

The prestigious award is based entirely on what current employees say about their experience working at Flexera. This year, an astounding 95 percent of employees said it’s a great place to work – 38 points higher than for the average US company.

Flexera One FinOps provides an integrated view of the technology ecosystem. It helps cloud teams collaborate with partners and stakeholders across the organization, such as ITAM and software license management (SLM), IT (operations and engineering), finance, engineering, architecture and security teams.