November 10, 2024
Flexera goals to take away obstacles between ITAM and FinOps knowledge

Flexera, an organization specialising in expertise spend and threat administration for hybrid IT, has introduced its Technology Intelligence Platform powered by Technopedia®, its next-generation knowledge and analytics platform for Flexera One. The Know-how Intelligence Platform is a ‘system of perception’ constructed to unravel the brand new challenges going through IT leaders who search to bridge the hole between ITAM and FinOps – together with cloud licence administration and GreenOps – and shall be Flexera’s basis for extra innovation in AI.

IT spending is at present estimated to succeed in $5.26 trillion in 20241, bolstered by a rise in AI applied sciences. Nevertheless, managing expertise investments is extra sophisticated and disjointed, rising organisations’ issues with wasted spending and potential safety dangers. A latest report means that lower than 50% of organisations have full visibility of their IT environments2. This rising visibility hole is pushed by disparate shopping for centres, altering vendor pricing and licensing fashions, inconsistent and incomplete knowledge units, and elevated purchases from cloud marketplaces.

“Hybrid IT isn’t getting any simpler,” stated Jim Ryan, President and CEO at Flexera. “Organisations are struggling to handle spend and threat holistically throughout their hybrid IT setting as knowledge is siloed throughout disconnected groups, instruments and applied sciences. This creates a ‘visibility hole’ leading to wasted cash, hidden dangers, and missed alternatives in vendor negotiations. The convergence of FinOps and ITAM knowledge is crucial to comprehensively managing your expertise investments. At this time’s announcement lays the inspiration for clever cloud and on-premises expertise spend administration, permitting our prospects to barter with their expertise suppliers from place of energy and handle their full hybrid IT property.”

Unifying knowledge throughout hybrid IT environments The brand new Know-how Intelligence Platform is constructed on a unified, extensible knowledge mannequin for expertise property, an analytics engine and an information lakehouse. Flexera’s Know-how Intelligence Platform is powered by Technopedia, an expansive expertise catalog.

Prospects with entry to the Know-how Intelligence Platform will be capable to add their very own knowledge, create customized studies, and entry their knowledge through API. Flexera’s Know-how Intelligence Platform at present helps Flexera One IT Visibility, with improvements that domesticate extra ITAM, FinOps and SaaS administration knowledge, so addressing superior use circumstances like cloud licence administration and GreenOps.

Breaking down obstacles throughout ITAM and FinOps knowledge

Flexera One IT Visibility offers organisations with visibility into their hybrid IT setting and permits them to floor particulars on finish of life, finish of help and software program vulnerabilities to minimise threat, duplicate utility use – to deal with wasted spend, monitor carbon emissions and report on compliance or regulatory requirements, so higher assembly company sustainability targets.

The most recent Flexera One IT Visibility launch delivers:

A unified knowledge mannequin for expertise property: Achieve a complete and constant image of a expertise ecosystem, together with relationships between expertise property.

Analytics engine: Help data-driven choices with scalable reporting and superior visualisation utilizing Microsoft Energy BI.

Extensibility: Ingest and remodel owned knowledge with versatile GraphQL APIs with clear, enriched stock knowledge from different enterprise methods.

Information pipeline to ServiceNow: Ship clear, normalised knowledge to ServiceNow CMDB or different IT ecosystem instruments rapidly with API integrations.

“Silos throughout applied sciences and departments create blockers not just for IT, however for whole organisations,” stated Brian Shannon, Chief Know-how Officer at Flexera. “That is why Flexera is set to interrupt down the obstacles throughout knowledge, applied sciences and departments to supply an entire image of your IT setting. We convey collectively current knowledge sources with our in depth reference catalog, Technopedia, to complement your knowledge and supply the small print that matter most to you. These insights are very important to deal with use circumstances throughout ITAM, FinOps, SaaS administration and past.”

Present Flexera One IT Visibility prospects acquire entry to the Know-how Intelligence Platform as a part of their current subscription.

For extra data on the Know-how Intelligence Platform, go to: https://www.flexera.com/products/flexera-one/technology-intelligence-platform.

Sources
1 Gartner, Gartner Market Databook, 2Q24 Update; 28 June 2024
2 Flexera, 2024 State of ITAM

Try the Cyber Safety and Cloud monitor at TechEx Europe developing in Amsterdam on October 1 and a couple of, 2024. When you can’t make it in individual, discover different upcoming enterprise expertise occasions and webinars powered by TechForge here.

Tags: cloud, Digital Transformation