Flexera, an organization specialising in expertise spend and threat administration for hybrid IT, has introduced its Expertise Intelligence Platform powered by Technopedia®, its next-generation information and analytics platform for Flexera One. The Expertise Intelligence Platform is a ‘system of perception’ constructed to unravel the brand new challenges dealing with IT leaders who search to bridge the hole between ITAM and FinOps – together with cloud licence administration and GreenOps – and might be Flexera’s basis for added 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, growing 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 information 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 surroundings as information 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 information is crucial to comprehensively managing your expertise investments. Immediately’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 information throughout hybrid IT environments The brand new Expertise Intelligence Platform is constructed on a unified, extensible information mannequin for expertise property, an analytics engine and a knowledge lakehouse. Flexera’s Expertise Intelligence Platform is powered by Technopedia, an expansive expertise catalog.
Prospects with entry to the Expertise Intelligence Platform will be capable of add their very own information, create customized stories, and entry their information by way of API. Flexera’s Expertise Intelligence Platform at present helps Flexera One IT Visibility, with improvements that domesticate extra ITAM, FinOps and SaaS administration information, so addressing superior use circumstances like cloud licence administration and GreenOps.
Breaking down limitations throughout ITAM and FinOps information
Flexera One IT Visibility supplies organisations with visibility into their hybrid IT surroundings and permits them to floor particulars on finish of life, finish of assist and software program vulnerabilities to minimise threat, duplicate utility use – to handle 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 information mannequin for expertise property: Achieve 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 remodel owned information with versatile GraphQL APIs with clear, enriched stock information from different enterprise programs.
Knowledge pipeline to ServiceNow: Ship clear, normalised information to ServiceNow CMDB or different IT ecosystem instruments shortly with API integrations.
“Silos throughout applied sciences and departments create blockers not just for IT, however for total organisations,” stated Brian Shannon, Chief Expertise Officer at Flexera. “This is the reason Flexera is set to interrupt down the limitations throughout information, applied sciences and departments to supply an entire image of your IT surroundings. We deliver collectively present information sources with our intensive reference catalog, Technopedia, to counterpoint your information and supply the small print that matter most to you. These insights are important to handle use circumstances throughout ITAM, FinOps, SaaS administration and past.”
Present Flexera One IT Visibility prospects acquire entry to the Expertise Intelligence Platform as a part of their present subscription.
For extra data on the Expertise Intelligence Platform, go to: https://www.flexera.com/merchandise/flexera-one/technology-intelligence-platform.
Sources
1 Gartner, Gartner Market Databook, 2Q24 Replace; 28 June 2024
2 Flexera, 2024 State of ITAM
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