Flexera provides IT management software and optimization solutions that help businesses manage and control their software and IT costs. Its products enable organizations to optimize their technology investments, which is especially important for those undergoing digital transformation. Flexera's main offerings include IT asset management (ITAM) and software asset management (SAM) tools, which assist clients in tracking and optimizing their software usage. Additionally, the company offers cloud management solutions to help businesses manage their cloud resources effectively. Flexera differentiates itself from competitors through its focus on Technology Value Optimization (TVO), which aims to maximize the business value from every dollar spent on technology. The company's goal is to help clients achieve growth and deliver a return on investment (ROI) on their technology expenditures.

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Flexera

Flexera has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from NetApp.

Flexera Acquires NetApp's FinOps Business

Flexera will buy the Spot by NetApp FinOps business from NetApp, according to a statement on Wednesday that confirmed an earlier Bloomberg News report.

NetApp Selling Some Software Assets to Thoma Bravo's Flexera

ITASCA, Ill. and SAN JOSE, Calif., Jan. 15, 2025  (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from NetApp® (NASDAQ: NTAP), the intelligent data infrastructure company. The transaction will enhance Flexera’s ability to better serve customers and partners seeking to manage growing multi-cloud cost and FinOps needs across a broader range of services from hybrid cloud, SaaS applications and containers. The combination of Spot’s artificial intelligence (AI) and machine learning (ML)-enabled technology and Flexera’s hybrid cloud expertise will offer a comprehensive FinOps solution that enhances financial accountability and efficiency in cloud operations, and also aligns with the expanding scope of FinOps which now includes data centers, SaaS applications and public cloud along with the growing FinOps framework that includes software licensing and sustainability. “A tsunami of artificial intelligence applications is exponentially increasing organizations’ consumption of cloud resources,” said Jim Ryan, President and CEO of Flexera

Flexera To Acquire Finops Business From Netapp, Inc. To Strengthen Finops Portfolio

To address this, Flexera has introduced an Oracle Cloud Infrastructure adapter to bring visibility to BYOL for Oracle Autonomous Database instances running on Oracle Database@Azure.

What's new at Flexera: December 2024

Flexera recognized as a Leader in 2024 Gartner Magic Quadrant for Cloud Financial Management Tools

Flexera launches technology intelligence platform to bridge ITAM and finops, tackling emerging hybrid IT challenges with new system of insight.

Flexera Launches Technology Intelligence Platform to Bridge ITAM and FinOps, Tackling Emerging Hybrid IT Challenges with New System of Insight

In March 2023, Flexera introduced Flexera One FinOps, a comprehensive tool designed to optimize cloud asset management and elevate visualization and allocation of cloud resources, thereby improving collaboration across IT and finance teams.

Enterprise Collaboration Software Market Advancements Highlighted by Size, Share, Trends 2024

Flexera named a leader in the Forrester Wave(TM) for CCMO.

Flexera named as a leader in Cloud Cost Management and Optimization (CCMO) according to Forrester Wave(TM)

We're honored that Flexera (Snow Software) was recognized as a Challenger in the- Gartner(R) Magic Quadrant(TM) for SaaS Management Platforms[1].

Flexera recognized in the latest 2024 Gartner Magic Quadrant for SaaS Management Platforms

FlexeraFlexera’s combination of FinOps and IT Asset Management capabilities recognizedITASCA, Ill., July 24, 2024 (GLOBE NEWSWIRE) -- 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

Flexera Named A Leader In Cloud Cost Management And Optimization By Independent Research Firm

IT management and software optimization solutions

Flexera

IT management and software optimization solutions

Flexera

IT management and software optimization solutions

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