Flexera Recognized in the Leaders Quadrant of the 2020 Gartner Magic Quadrant for Cloud Management Platforms for Second Consecutive Year
Flexera Placed Furthest to Right on Completeness of Vision Axis
Itasca, IL - February 25, 2020 Flexera, the company that helps organizations realize technology’s power to accelerate their business, today announced it has been positioned by Gartner, Inc., in the Leaders quadrant of the Gartner Magic Quadrant for Cloud Management Platforms. Gartner’s evaluation of Flexera’s Cloud Management Platform (CMP), part of its 2018 acquisition of RightScale, positions Flexera as the furthest to the right on completeness of vision for the second year in a row.
“It’s yet another thrilling moment for us at Flexera, as we’ve been Leaders in both the Magic Quadrant for CMP and Magic Quadrant for SAM Tools for the past two years,” said Jim Ryan, President and CEO of Flexera. “We believe this spotlights our commitment to innovating for our customers: we make it a priority to listen to what our customers want and need, and ensure we’re continually adding value to their business.
“When we purchased RightScale in 2018,” Ryan continued, “we pioneered the vision that combining the ability to manage complex on-premise and cloud environments would be a game-changer. With our acquisition of RISC Networks in 2019, we extended that vision to help companies assess their cloud migration opportunities. We’re in a unique position to help CIOs drive their digital transformation efforts due to our proven track record in complex and fast-changing IT environments.”
The Flexera 2020 State of Tech Spend Report found that the top initiative for IT leaders is digital transformation, followed by cybersecurity and cloud. This shift to digital business drives increasing complexity and creates a balancing act for organizations, as they must use technology to innovate while still efficiently managing systems that run the business. Flexera makes it easier for IT organizations to maximize business value from all of their technology investments with:
- the most complete and detailed view of technology in use across datacenters, desktop, SaaS and cloud
- the ability to optimize technology spend and reallocate savings to critical initiatives
- automated policy-based governance to reduce risk and support the drive for business agility
- Gartner, “Magic Quadrant for Cloud Management Platforms” by Dennis Smith, Sanjit Ganguli, Padraig Byrne, February 13, 2020
- Gartner, “Critical Capabilities for Cloud Management Platforms,” by Dennis Smith, Sanjit Ganguli, Padraig Byrne, Scott Etkin, 13 February 2020
- Gartner, “Magic Quadrant for Software Asset Management Tools” by Roger Williams, Matt Corsi, Ryan Stefani, April 24, 2019
Flexera saves customers billions of dollars in wasted technology spend. A pioneer in hybrid ITAM and FinOps, Flexera provides award-winning, data-oriented SaaS solutions for technology value optimization (TVO), enabling IT, finance, procurement and cloud teams to gain deep insights into cost optimization, compliance and risks for each business service. Flexera One solutions are built on a set of definitive customer, supplier and industry data, powered by Technopedia, that enables organizations to visualize their Enterprise Technology Blueprint™ in hybrid environments—from on-premises to SaaS to containers to cloud. More than 50,000 customers subscribe to Flexera’s technology value optimization solutions, delivered by 1,300+ team members worldwide. Learn more at flexera.com
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gartner Peer Insights Customers’ Choice constitute the subjective opinions of individual end-user reviews, ratings, and data applied against a documented methodology; they neither represent the views of, nor constitute an endorsement by, Gartner or its affiliates.