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 Expertise 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 likely be Flexera’s basis for extra innovation in AI.
IT spending is at the moment estimated to succeed in $5.26 trillion in 20241, bolstered by a rise in AI applied sciences. Nonetheless, managing expertise investments is extra sophisticated and disjointed, growing organisations’ issues 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,” stated 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 expertise investments. In the present day’s announcement lays the muse for clever cloud and on-premises expertise spend administration, permitting our clients 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 Expertise Intelligence Platform is constructed on a unified, extensible knowledge mannequin for expertise belongings, an analytics engine and an information lakehouse. Flexera’s Expertise Intelligence Platform is powered by Technopedia, an expansive expertise catalog.
Clients with entry to the Expertise Intelligence Platform will be capable of add their very own knowledge, create customized stories, and entry their knowledge by way of API. Flexera’s Expertise Intelligence Platform at the moment helps Flexera One IT Visibility, with improvements that domesticate extra ITAM, FinOps and SaaS administration knowledge, so addressing superior use instances like cloud licence administration and GreenOps.
Breaking down boundaries 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 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 belongings: Acquire a complete and constant image of a expertise ecosystem, together with relationships between expertise belongings.
Analytics engine: Help data-driven selections 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.
Knowledge 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 complete organisations,” stated Brian Shannon, Chief Expertise Officer at Flexera. “For this reason Flexera is decided to interrupt down the boundaries throughout knowledge, applied sciences and departments to supply a whole image of your IT setting. We convey collectively current knowledge sources with our in depth reference catalog, Technopedia, to counterpoint your knowledge and supply the small print that matter most to you. These insights are important to deal with use instances throughout ITAM, FinOps, SaaS administration and past.”
Present Flexera One IT Visibility clients achieve entry to the Expertise Intelligence Platform as a part of their current subscription.
For extra data 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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