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Flexera

Flexera

IT management and software optimization solutions

About

Flexera provides IT management software and optimization solutions that help businesses control their software and IT costs. Its Technology Value Optimization (TVO) approach allows clients to maximize the value of their technology investments, particularly during digital transformation. Flexera stands out from competitors by offering a comprehensive range of tools, including IT asset management (ITAM) and software asset management (SAM), and has recently expanded its capabilities through the acquisition of Snow Software. The company's goal is to assist organizations in efficiently managing their technology expenditures to drive growth and achieve a return on investment.

Company Stage

Series B

Employees

1,001-5,000

Industries

Data & Analytics, Enterprise Software

Total Funding

$81.4M

Headquarters

N/A

Founded

2008


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Simplify's Take

What believers are saying

  • Flexera's recognition as a Cloud 100 company by CRN and its consistent employee satisfaction awards highlight its strong market position and positive workplace culture.
  • The integration of SBOM management functionality into Flexera One IT Visibility addresses growing regulatory and security needs, making the platform more robust and appealing to enterprise customers.
  • The acquisition of Snow Software broadens Flexera's capabilities, offering clients enhanced tools for managing and optimizing their technology investments, which can drive significant ROI.

What critics are saying

  • The competitive landscape in IT management and optimization is intense, with major players like ServiceNow and BMC Software posing significant threats.
  • Integrating Snow Software's offerings and aligning organizational cultures could present challenges that may impact operational efficiency and innovation.

What makes Flexera unique

  • Flexera's Technology Value Optimization (TVO) approach uniquely focuses on maximizing business value from technology investments, setting it apart from competitors who may only offer basic cost management solutions.
  • The acquisition of Snow Software enhances Flexera's portfolio, providing unparalleled visibility into hybrid IT estates and strengthening its position in the IT optimization market.
  • Flexera's comprehensive certification program for ITAM and FinOps not only validates user expertise but also promotes industry best practices, distinguishing it from other IT management solutions.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

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