Flexera (RightScale) Positioned in the Leaders Quadrant of the Gartner Magic Quadrant for Cloud Management Platforms
Evaluation Based on Completeness of Vision and Ability to Execute
Itasca, IL - January 14, 2019 Flexera, the company that's reimagining how software is bought, sold, managed and secured, announced Flexera (RightScale) has been positioned by Gartner, Inc. in the Leaders quadrant of the Gartner Magic Quadrant for Cloud Management Platforms, published on 7 January 2019 and authored by Dennis Smith, et al. Gartner evaluated the RightScale CMP which includes cloud cost optimization offering, RightScale Optima. RightScale was acquired by Flexera in 2018.
“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.”
Gartner said in its Critical Capabilities for Cloud Management Platforms, January 7, 2019 report, authored by Dennis Smith, et al., “By 2021, 75% of organizations without tooling to manage their multicloud environments will spend more than they would have had they stayed on-premises, and will also lack needed policy and governance capabilities, increasing the likelihood of security and/or compliance exposures.”
Additional resources:
- Gartner 2019 Magic Quadrant for Cloud Management Platforms
- The Forrester Wave™: Cloud Cost Monitoring and Optimization, Q2 2018
- Gartner 2018 Customers’ Choice: Best Software Asset Management Tools of 2018 as Reviewed by Customers
- EMA Quick Take: Software License Management as a Critical Part of Cloud Cost Optimization
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Flexera 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