Flexera, an organization specialising in expertise spend and danger 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 resolve 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 will probably be Flexera’s basis for added innovation in AI.
IT spending is presently estimated to achieve $5.26 trillion in 20241, bolstered by a rise in AI applied sciences. Nonetheless, managing expertise investments is extra difficult and disjointed, growing organisations’ considerations with wasted spending and potential safety dangers. A current 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,” mentioned Jim Ryan, President and CEO at Flexera. “Organisations are struggling to handle spend and danger holistically throughout their hybrid IT atmosphere 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 the moment’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 power 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 experiences, and entry their knowledge by way of API. Flexera’s Know-how Intelligence Platform presently 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 atmosphere and permits them to floor particulars on finish of life, finish of assist and software program vulnerabilities to minimise danger, 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 newest Flexera One IT Visibility launch delivers:
A unified knowledge mannequin for expertise property: Acquire a complete and constant image of a expertise ecosystem, together with relationships between expertise property.
Analytics engine: Assist data-driven choices with scalable reporting and superior visualisation utilizing Microsoft Energy BI.
Extensibility: Ingest and rework 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 total organisations,” mentioned Brian Shannon, Chief Know-how Officer at Flexera. “Because of this Flexera is decided to interrupt down the obstacles throughout knowledge, applied sciences and departments to offer a whole image of your IT atmosphere. We convey collectively current knowledge sources with our intensive reference catalog, Technopedia, to complement your knowledge and supply the small print that matter most to you. These insights are 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
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