Flexera Software provides tools that enable application producers and enterprises to optimize software usage and maximize return on investment. By offering analytics and insights into application performance, Flexera helps organizations identify underutilized software and improve overall operational efficiency.
Funding
$81.4M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Organizations face increasing complexity in managing hybrid IT environments, encompassing software, SaaS, hardware, cloud infrastructure, and AI, leading to difficulties in optimizing technology spend and mitigating risks. Incomplete visibility across these diverse assets results in underutilized resources, unbudgeted expenses, security vulnerabilities, and challenges in maintaining compliance.
Solution
Flexera provides a Technology Intelligence Platform that delivers comprehensive visibility and actionable insights across hybrid IT estates, enabling organizations to optimize spend, minimize risk, and drive strategic initiatives. By uniting IT asset management (ITAM) and FinOps capabilities, Flexera helps break down silos and provides a unified view of technology assets, including software licenses, SaaS subscriptions, cloud resources, and hardware. The platform enables organizations to identify and remediate IT waste, manage software vulnerabilities, improve CMDB data quality, and govern cloud costs effectively.
Target Audience
Flexera's primary customers are enterprises seeking to optimize their hybrid IT environments, including IT, operations, procurement, cloud centers of excellence, enterprise architects, and FinOps teams.
Features
- IT Visibility: Provides complete insights into the entire IT estate for data-driven decision-making.
- IT Asset Management: Manages and optimizes complex hybrid IT environments, from on-premises to SaaS to cloud.
- FinOps: Visualizes and allocates cloud usage and billing to efficiently manage private and public cloud environments.
- SaaS Management: Gains control over SaaS usage and spend, rationalizes applications and vendors, and optimizes renewals.
- Technology Intelligence Platform: A cloud-native and scalable platform that bridges the gap between ITAM and FinOps.
- Spend Management by Vendor: Optimizes spend for specific vendors like IBM, Oracle, Microsoft, SAP, and others.
- CMDB Data Quality: Cleans, normalizes, standardizes, and enriches CMDB data automatically using curated content from Technopedia.