All press releases

IT business leaders have reported that IT asset management has become a complex, expensive and time-intensive task for enterprises as they continue to adopt a hybrid, multi-cloud strategy with software and applications running across public, private and on-premises environments.

The report found that today's top challenges for organizations of all sizes are security, managing cloud spend and lack of resources or expertise. Understanding current cloud computing trends can help guide an organization's digital business decision-making process, vendor and technology selection, cost forecasting and investment strategies to support upcoming stages of a cloud journey.

“We aim to give our employees a work environment that energizes, challenges and supports them,” said Jim Ryan, President and CEO of Flexera. “I’m proud of what we’ve accomplished, especially in recent years, where work environments have evolved, our unique culture continues to be recognized by Built In.”

“The FinOps practice has experienced rapid growth within the industry,” said Brian Adler, Senior Director, Cloud Market Strategy. “Earning this certification from the FinOps Foundation increases Flexera’s leadership position in helping companies save money through providing insights into optimizing their cloud spend. Ultimately, this helps us better serve our customers.”

Eighty-nine percent of IT leaders claimed that IT roles were undervalued pre-COVID but are now viewed as essential – with 90% claiming they have become trusted advisors to the business. With this newfound responsibility and success also comes an increase in digital transformation and innovation efforts: nine in ten IT decision makers say the pace of digital transformation has dramatically increased at their organization over the past year, and another 94% say that innovation is a top priority for their organization.

AWS launched the AWS Migration & Modernization Competency to allow customers to easily and confidently engage highly specialized AWS Partners that help AWS customers modernize their applications, either before or after they are moved to AWS. The AWS Migration & Modernization Competency takes on the heavy lifting of identifying and validating industry leaders with proven customer success and technical proficiency in migration and application modernization tooling.

Snow Spend Optimizer helps IT leaders prepare for software license audits while gaining visibility and control of technology spend. By entering cost data and software agreements into Spend Optimizer, IT and finance leaders can view technology expenses and contracts. Users can view technology spend by department, region or business unit, enabling IT and finance leaders to accurately allocate costs and enable chargebacks to the appropriate organizational budget.

“Receiving this award for the tenth consecutive year reaffirms that our culture continues to be one where employees feel supported, connected and valued,” said Jim Ryan, President and CEO of Flexera. “On behalf of our company and our customers, I thank our employees for giving us this honor again.”

Approximately one-third (33%) of IT leaders stated that mounting cybersecurity threats are their greatest infrastructure management challenge. Lack of integration between new and old infrastructure technologies (26%), meeting governance and compliance requirements (25%), and managing spend (24%) closely followed as additional areas they’re dealing with.

Great Place to Work^® is the global authority on workplace culture, employee experience, and the leadership behaviors proven to deliver market-leading revenue, employee retention and increased innovation.

The acceleration of digital transformation across all industries and organizations brings complexities that were unforeseen in years past. The roles of those in ITAM, including the related fields of software asset management (SAM) and hardware asset management (HAM), must evolve with the intricacies and pace introduced by the digital enterprise.

The company’s Flexera One platform delivers technology value optimization (TVO) giving enterprises the most complete view of their complex IT environments and enabling them to proactively manage technology spend and risk. In the drive to digital, Flexera One is becoming the critical platform for enterprises to improve their return on IT and cloud investments and maximize the value of every technology dollar they spend.

“When we announced Snow Atlas, our innovative cloud-native platform, we knew it was just one step on our journey to enable organizations to realize the full potential of technology intelligence. With David joining Snow, this is another significant step on that journey, and we are fortunate to bring in a leader of his caliber and passion for customers,” said Rao. “David’s customer-centric approach and significant multi-segment, digital and SaaS experience is invaluable to Snow and our customers.

“Despite the significant transition that organizations have faced over the past year, it seems that the future of hybrid work is putting IT leaders in a position where they will once again be required to quickly shift gears and adapt to a new reality,” said Alastair Pooley, Chief Information Officer at Snow. “While IT teams are planning and budgeting to enable their businesses, many don’t have the full picture of what their organizations will need when it comes to supporting a truly hybrid workforce.

The introduction of Snow Atlas marks a significant milestone for the company, as it establishes a new way to access Snow’s award-winning technologies and is accompanied by a significant increase in product investment.

“We know that this past year has been especially difficult for many organizations around the world,” said Vishal Rao, President and CEO at Snow. “We introduced the Technology Intelligence Awards to recognize the outstanding work and incredible results our customers deliver every day, even in the face of such challenging circumstances. It is Snow’s way of thanking our customers for their continued partnership, celebrating the impact they are delivering for their organizations and ensuring we continue to help them thrive.”

This year’s categories and winners are:

The inaugural report explores the thinking of more than 300 global technology decision makers and users about IT infrastructure, asset management, vulnerability posture and industry trends. It shares their current and future IT management strategies alongside tactical data regarding software obsolescence and vulnerability mitigation for strategic planning.

“These awards are well deserved by the winners,” said Cindy Grogan, Vice President of Global Alliances and GTM Solutions at Flexera. “Each organization provides strong understanding and innovation around Flexera’s solutions—all while displaying unmatched customer understanding of their business needs and challenges.”

The combined and optimized solutions enable IT to fully map all assets, configurations and interdependencies within an ever-changing, complex enterprise infrastructure, allowing IT teams to achieve service delivery excellence. 

Flexera's Software Vulnerability Manager is a software security vulnerability and patch management solution that provides out-of-the-box support for tens of thousands of third-party applications. Workspace ONE UEM is a cloud-based endpoint management platform that enables IT professionals to deliver and manage apps on any device in their organization.