All press releases

In addition, in April, Flexera was named a Leader in the 2019 Gartner Magic Quadrant for Software Asset Management Tools. Flexera was positioned highest for ability to execute in the Leaders Quadrant.

Most employees take their work devices on vacation

According to the survey of 3,000 workers from around the world, 34% report that they always take their work devices on vacation, with another 27% saying they bring them most of the time and 17% taking them some of time. There were also some notable regional trends around professional devices and personal travel:

 “The market has evolved to a point where simply managing software, hardware or cloud services as singular elements creates limited value for organizations,” said Vishal Rao, President and CEO at Snow. “Customers want a complete view of their technology ecosystem as they launch digital transformation initiatives, migrate key services to the cloud, optimize cloud spend and manage risk.

Adding a cloud readiness dimension to the Flexera portfolio

“Our Cloud Management Platform optimizes cloud usage for our customers, and is well regarded by key industry analysts, including Gartner and Forrester,” noted Jim Ryan, President and CEO of Flexera. “But we’re always seeking to strengthen our capabilities in cloud migration—an area that’s becoming more of a focus for IT executives and analysts.

“There is a tectonic shift happening in the enterprise, driven by a rapid move to the cloud and nearly unlimited access to technology,” said Vishal Rao, President & Chief Executive Officer at Snow. “Part of what we see in this data is a philosophical evolution in what the future of work looks like. The CIO and their teams are now strategic business partners with the power to fundamentally change their organizations.

This mixed response around the impact of GDPR likely reflects the complexity of educating the public on data regulations, as well as the difficulty that organizations still face in complying with the law.

Anderson is the first Chief Customer Officer at Snow as well as the first executive to hold that title in the software asset and cloud management market, highlighting the company’s exceptional dedication to its customers.

“Everyone at Flexera is proud of the continued recognition we’re receiving. To us, it’s a testament to our leading solution for software asset management,” said Jim Ryan, President and CEO of Flexera. “And as enterprises increasingly adopt SaaS and public cloud technologies, we have also significantly expanded our portfolio to offer solutions that help customers optimize and govern their full hybrid IT landscape.

“We’ve seen incredible traction with our Snow for SaaS product that was released late last year,” said Vishal Rao, President & CEO at Snow. “Our new release is another important step in delivering on our vision of complete visibility and manageability of hardware, software and cloud services across the enterprise, reinforcing our clear leadership position within the market.”

“As digital transformation consumes the enterprise, our customers are faced with increasingly complex technology ecosystems,” said Peter Björkman, Chief Technology Officer at Snow. “We continue to make it easier for businesses to manage the cost, efficiency and risk associated with enterprise technology, ultimately supporting their ability to empower employees with the software and services that best drive performance.”

Gartner’s analysis placed Snow furthest to the right on completeness of vision axis. We believe this position reflects our track record as a clear innovator, consistently delivering features that anticipate and address the challenges faced by both end users and business leaders.

Gartner Peer Insights Customers’ Choice is based solely on feedback from verified end-users. The recognition considers overall user rating as well as the number of reviews published in the past 12 months. Snow received 163 reviews, the most in the SAM category, with a 4- or 5-star rating from 90% of our users as of April 15, 2019.

Flexera is the largest homegrown technology company in the Chicago area, employing more than 1,300 globally with 288 in Chicago, and serving more than 51,000 customers worldwide. The Chicago headquarters, located in Itasca, has added 97 staffers since Q1 2018, with 42 positions currently open.

“I’ve been with Flexera for more than twenty years and have seen the company transform into this amazing tech unicorn through a combination of passionate team members, strategic acquisitions, innovative products and committed customers,” said Jim Ryan, President and CEO of Flexera.

The survey results are available in the RightScale 2019 State of the Cloud Report from Flexera, which can be downloaded at https://info.flexera.com/CM-REPORT-State-of-the-Cloud.

“This is an important growth stage for the company, and I am humbled to lead Snow at such an exciting time,” said Rao. “Our opportunity continues to expand with the mass adoption of enterprise cloud services, IaaS, IoT, and edge computing. We are uniquely positioned to empower businesses to gain complete visibility into their technology stack, then use those insights to optimize efficiency and effectiveness while ensuring regulatory compliance and data protection.

“Flexera continues to stake its leadership position across a range of solutions that help C-level executives optimize spend, automate IT governance, and gain insights from data.  We knew that when Flexera acquired RightScale that it would be transformational for Flexera and our customers,” said Jim Ryan, CEO of Flexera. “The Flexera and RightScale teams merged quickly and we are already well on our way in demonstrating the combined value of our industry leading Software Asset Management (SAM) and Cloud Management Platforms (CMP) solutions for our customers.”

Business users are increasingly deploying SaaS applications to move faster and react to ever-changing business needs. Gartner expects SaaS to reach 45 percent of total application software spending by 2021.* Organizations undoubtedly benefit from this shift in technology consumption, but neither business nor IT leaders have visibility into the totality of their SaaS usage.

In addition to its existing automated processes for SAM, Snow Automation Platform 3.0 introduces new off-the-shelf automation workbooks to manage mobile and cloud investments.

Schock brings to Snow a thirty-year career that spans senior sales and sales leadership positions at industry-leading firms like HP, BMC, and VMware. Most recently, he was Vice President of Sales for North America Strategic and Public Sector at Cloudera, and prior to that was a senior sales leader at Splunk. During his tenure the businesses achieved and exceeded significant revenue milestones. In both roles he led teams that built and managed relationships with multinational customers.

Leading the Way

“We’re very excited about this acquisition – it’s transformational for Flexera and our customers,” said Jim Ryan, CEO of Flexera.  “60 percent of IT’s budget is driven by spend in software, hardware and cloud.  Public cloud spend is growing rapidly and our customers have been very clear on their desire to manage public cloud costs with Flexera, just like they do for desktop, datacenter, SaaS and other IT assets.”