Flexera, an organization specialising in know-how 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 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 know-how investments is extra difficult and disjointed, growing organisations’ considerations 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,” mentioned Jim Ryan, President and CEO at Flexera. “Organisations are struggling to handle spend and danger 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 important to comprehensively managing your know-how investments. At the moment’s announcement lays the inspiration for clever cloud and on-premises know-how spend administration, permitting our prospects to barter with their know-how suppliers from place of power and handle their full hybrid IT property.”
Unifying knowledge throughout hybrid IT environments The brand new Expertise Intelligence Platform is constructed on a unified, extensible knowledge mannequin for know-how property, an analytics engine and a knowledge lakehouse. Flexera’s Expertise Intelligence Platform is powered by Technopedia, an expansive know-how catalog.
Clients with entry to the Expertise Intelligence Platform will be capable of add their very own knowledge, create customized experiences, and entry their knowledge 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 knowledge, so addressing superior use circumstances like cloud licence administration and GreenOps.
Breaking down limitations throughout ITAM and FinOps knowledge
Flexera One IT Visibility gives 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 danger, duplicate utility use – to handle 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 know-how property: Acquire a complete and constant image of a know-how ecosystem, together with relationships between know-how property.
Analytics engine: Assist data-driven selections 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 programs.
Information pipeline to ServiceNow: Ship clear, normalised knowledge 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,” mentioned Brian Shannon, Chief Expertise Officer at Flexera. “That is why Flexera is set to interrupt down the limitations throughout knowledge, applied sciences and departments to supply an entire image of your IT setting. We carry collectively current knowledge sources with our intensive reference catalog, Technopedia, to counterpoint your knowledge and supply the small print that matter most to you. These insights are very 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 current subscription.
For extra info on the Expertise 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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