All press releases

Gartner Peer Insights Customers’ Choice is based solely on feedback from verified end-users. The recognition considers overall user rating as well as the number of reviews published in the past 12 months. Snow received 163 reviews, the most in the SAM category, with a 4- or 5-star rating from 90% of our users as of April 15, 2019.

Flexera is the largest homegrown technology company in the Chicago area, employing more than 1,300 globally with 288 in Chicago, and serving more than 51,000 customers worldwide. The Chicago headquarters, located in Itasca, has added 97 staffers since Q1 2018, with 42 positions currently open.

“I’ve been with Flexera for more than twenty years and have seen the company transform into this amazing tech unicorn through a combination of passionate team members, strategic acquisitions, innovative products and committed customers,” said Jim Ryan, President and CEO of Flexera.

The survey results are available in the RightScale 2019 State of the Cloud Report from Flexera, which can be downloaded at https://info.flexera.com/CM-REPORT-State-of-the-Cloud.

“This is an important growth stage for the company, and I am humbled to lead Snow at such an exciting time,” said Rao. “Our opportunity continues to expand with the mass adoption of enterprise cloud services, IaaS, IoT, and edge computing. We are uniquely positioned to empower businesses to gain complete visibility into their technology stack, then use those insights to optimize efficiency and effectiveness while ensuring regulatory compliance and data protection.

“Flexera continues to stake its leadership position across a range of solutions that help C-level executives optimize spend, automate IT governance, and gain insights from data.  We knew that when Flexera acquired RightScale that it would be transformational for Flexera and our customers,” said Jim Ryan, CEO of Flexera. “The Flexera and RightScale teams merged quickly and we are already well on our way in demonstrating the combined value of our industry leading Software Asset Management (SAM) and Cloud Management Platforms (CMP) solutions for our customers.”

Business users are increasingly deploying SaaS applications to move faster and react to ever-changing business needs. Gartner expects SaaS to reach 45 percent of total application software spending by 2021.* Organizations undoubtedly benefit from this shift in technology consumption, but neither business nor IT leaders have visibility into the totality of their SaaS usage.

In addition to its existing automated processes for SAM, Snow Automation Platform 3.0 introduces new off-the-shelf automation workbooks to manage mobile and cloud investments.

Schock brings to Snow a thirty-year career that spans senior sales and sales leadership positions at industry-leading firms like HP, BMC, and VMware. Most recently, he was Vice President of Sales for North America Strategic and Public Sector at Cloudera, and prior to that was a senior sales leader at Splunk. During his tenure the businesses achieved and exceeded significant revenue milestones. In both roles he led teams that built and managed relationships with multinational customers.

Leading the Way

“We’re very excited about this acquisition – it’s transformational for Flexera and our customers,” said Jim Ryan, CEO of Flexera.  “60 percent of IT’s budget is driven by spend in software, hardware and cloud.  Public cloud spend is growing rapidly and our customers have been very clear on their desire to manage public cloud costs with Flexera, just like they do for desktop, datacenter, SaaS and other IT assets.”

Total spend in public cloud services end-user spending, including Software as a Service (SaaS) and Infrastructure as a Service (IaaS), is forecasted to grow at 17% per year through 2022, according to Gartner’s Forecast: Public Cloud Services, Worldwide, 2016-2022, 2Q18 Update. Unlike on-premise software, most purchasing and use decisions for cloud are made within business teams, while IT retains accountability for risk and governance as well as overall spend for the business.

Snow’s SAP Development Team has built logic into Snow Optimizer for SAP Software adding more value and automation than SAP’s own Indirect Access measurement tool that was launched earlier this summer to its customers.

COMPAREX is currently in the process of revamping its SAM managed service, which is due to be launched in mid-autumn 2018. As part of the agreement with Snow, COMPAREX will integrate Snow’s technology into its managed service offering. As a result, organizations will benefit from new value-adds provided by the COMPAREX SAM managed services.  

Combining the two companies’ respective SAP-certified solutions – Snow Optimizer for SAP® Software and Akquinet SAST suite – customers can benefit from greater insight into SAP licenses and authorizations and increase security and compliance.

The Gartner Peer Insights Customers’ Choice distinction is a recognition of vendors in this market by verified end-user professionals, taking into account the number of reviews and the overall user rating. 

IAM, coupled with Snow Software technology, will make it easier to understand a customer’s IT inventory, store that data in a secure and customer-controlled manner and enable the seamless creation of an Effective License Position (ELP) – a trusted baseline for both parties. Through a special program with Snow Software, Microsoft customers can use the resulting ELP via the Snow Software solution to manage their Microsoft license position on an ongoing basis.

Rao, who joined Snow’s Board over two years ago, has extensive operational expertise in building and scaling up field and sales operations at enterprise software companies, across a career that spans over twenty years. He spent a better part of the last decade at Splunk (NASDAQ: SPLK) and Cloudera (NYSE: CLDR), both of which have seen impressive growth and success, and realized material revenue milestones, including successful IPOs during his tenure.

Reporting to Axel Kling, CEO, Castelino will be working in close coordination with Snow’s senior management team to define go-to-market strategies and take its leading solutions to new markets and drive continued growth.

Based in Austin, Texas, Castelino will lead the global marketing function including customer and partner marketing, marketing communications, demand generation, digital marketing, field marketing, marketing operations and business development.

“Brainwaregroup is a great fit for Flexera – they share our philosophy of delivering competence, quality and value.  Their extensive European customer base allows us to quickly build upon Brainwaregroup’s success and expand customer value in this important region,” said Tom Canning, Vice President of Strategy at Flexera.  “In addition, our recent successes competing in the mid-market convince us that companies of all sizes demand a high-quality SAM solution from a supplier with deep experience and expertise.  Brainwaregroup’s ties to large and mid-size enterprises in DAC

The game has changed for companies everywhere. They’re finally demanding more from their technology assets and suppliers.  They expect – and deserve – faster time to value, more complete solutions and trustworthy data to drive better business outcomes. Flexera is achieving its promise to meet these needs by rapidly building or buying the best technology, like Meta SaaS.

The explosion in cloud applications and Infrastructure as a Service (IaaS) has enabled business units to purchase critical business software and increasingly bypass the IT team when defining, sourcing and managing new IT initiatives. The research found that changes in IT procurement and consumption are driving a divide between business and IT.