Latest news with #Flexera
Tahawul Tech
14-05-2025
- Business
- Tahawul Tech
IT solutions Archives
A recent report which was jointly prepared by IDC and Flexera, reveals that organisations form deep-seated opinions about software vendors based on a wide spectrum of criteria – factors that vendors should take note and be aware of as they develop, launch and support their products.
Yahoo
04-04-2025
- Business
- Yahoo
Latest News In Cloud AI - Optimizing Cloud Costs Flexera's Latest Management Tool
Flexera has introduced Cloud License Management, a solution designed to enhance the management of cloud software expenditures, which have become a significant concern for organizations with cloud spend challenges surpassing even security issues. This new tool allows organizations to gain a comprehensive understanding of their cloud software investments across platforms like Amazon Web Services and Microsoft Azure. By providing a unified view of cloud software spend, along with actionable insights, Flexera aims to help enterprises optimize their cloud software costs, ensure compliance, and prevent waste. According to recent surveys, effective management of cloud software can lead to significant savings, highlighting the necessity for tools like Cloud License Management in the rapidly evolving Cloud AI landscape. last closed at $373.11 down 2.4%, not far from its 52-week low. Elsewhere in the market, was a standout up 3.7% and ending the day at CN¥2.77. Meanwhile, trailed, down 19.7% to close at $38.26. Microsoft's rapid AI expansion and strategic partnerships drive significant potential growth. Click here to explore the full narrative on this compelling opportunity. Explore our "Market Insights" article for a deep dive into how DeepSeek's breakthroughs could transform Cloud AI investing—don't miss out! closed at $150.72 down 4%, close to the 52-week low. closed at $32.32 down 7.9%. closed at $203.19 down 9.2%. Gain an insight into the universe of 151 Cloud AI Stocks, among which are Advantech, Scout24 and Reply, by clicking here. Looking For Alternative Opportunities? Outshine the giants: these 24 early-stage AI stocks could fund your retirement. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sources: Simply Wall St "Flexera Launches Cloud License Management to Empower ITAM and FinOps to Save Up to 25% Off Their Cloud Bill" from Flexera on GlobeNewswire (published 02 April 2025) Companies discussed in this article include SZSE:000564 NasdaqGS:MSFT NasdaqGS:GOOGL NasdaqGS:SMCI NasdaqGS:AAPL and NasdaqGS:SNDK. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
Channel Post MEA
24-03-2025
- Business
- Channel Post MEA
84% of Organizations Struggle to Manage Cloud Spend
Flexera has announced the release of its 2025 State of the Cloud Report. The 14th annual report, which polled more than 750 technical professionals and executive leaders worldwide who were involved in the use of cloud, uncovered that 84% of respondents believe that managing cloud spend is the top cloud challenge for organizations today. With cloud spend expected to increase by 28% in the coming year, the report findings suggest that many respondents are rethinking their existing cloud cost management strategies. As organizations continue to invest in artificial intelligence (AI), nearly one-third (33%) of organizations are spending more than $12 million annually on the public cloud alone. With cloud budgets already exceeding limits by 17%, organizations are increasingly turning to managed service providers (60%) and expanding use of their FinOps teams to regain control over spending (59%). In fact, the number of respondents that use, or plan to use, a FinOps team increased by eight percentage points year over year. 'AI is in its prime with no indication of losing momentum,' said Jay Litkey, Senior Vice President of Cloud and FinOps at Flexera and Governing Board Member at the FinOps Foundation. 'I suspect we'll see further acceleration of AI use as more organizations embrace their own AI investments and technology vendors introduce agentic AI into their existing toolsets. To stay on budget and accurately forecast for future needs, organizations need to fine-tune how to track and manage their cloud spend and use with FinOps now—or risk a significantly wasted investment.' While estimated wasted cloud spend is falling, the adoption of AI-related public cloud services is rising. In addition to an increase in the use of data warehouse services (76%), often leveraged to feed AI models, generative AI (GenAI) public cloud services use is booming with 72% of organizations reportedly using the technology either extensively or sparingly, as compared to 47% in 2024. 'FinOps is taking center stage as many enterprises prepare for the onslaught of AI services to eat away at their cloud resources and budgets,' said Becky Trevino, Chief Product Officer at Flexera. 'As we're witnessing an increase in FinOps adoption, we're simultaneously seeing estimated wasted cloud spend trending downward. This illustrates the power and promise of FinOps practices, proving it is a winning strategy for organizations worldwide.' Additional key findings include: Cloud repatriation is starting to slowly unfold. Today, analysts and experts have indicated that some organizations are moving their workloads back to non-cloud environments (their own data centers and/or co-located/hosted environments). While this is beginning to happen, only a minority (21%) of cloud workloads have been repatriated. However, the ongoing migration to the cloud and net-new cloud workloads outstrip these cloud exits, resulting in continued cloud growth. Today, analysts and experts have indicated that some organizations are moving their workloads back to non-cloud environments (their own data centers and/or co-located/hosted environments). While this beginning to happen, only a minority (21%) of cloud workloads have been repatriated. However, the ongoing migration to the cloud and net-new cloud workloads outstrip these cloud exits, resulting in continued cloud growth. Cloud sustainability initiatives are becoming top-of-mind. Organizations are highly focused on fine-tuning their sustainability practices. Over half (57%) of respondents reported they have, or plan to have, a defined sustainability initiative in place within twelve months, including carbon footprint tracking of cloud use. Regardless, saving money is still top of mind given 57% said cost optimization takes priority over sustainability. Organizations are highly focused on fine-tuning their sustainability practices. Over half (57%) of respondents reported they have, or plan to have, a defined sustainability initiative in place within twelve months, including carbon footprint tracking of cloud use. Regardless, saving money is still top of mind given 57% said cost optimization takes priority over sustainability. Cost efficiency continues to be the shining metric. Eighty-seven percent of respondents indicated that cost efficiency/savings is the number one metric used for assessing progress against cloud goals for the sixth year in a row, a 22-point increase from 2024. Organizations are also focused on the volume of workloads migrated (up from 36% in 2024 to 78% in 2025), and cost avoidance, which saw an uptick from 28% to 64%. This continues to validate the narrative that more workloads are moving to—or being developed in—the cloud, making a case for increased cost optimization tools. Eighty-seven percent of respondents indicated that cost efficiency/savings is the number one metric used for assessing progress against cloud goals for the sixth year in a row, a 22-point increase from 2024. Organizations are also focused on the volume of workloads migrated (up from 36% in 2024 to 78% in 2025), and cost avoidance, which saw an uptick from 28% to 64%. This continues to validate the narrative that more workloads are moving to—or being developed in—the cloud, making a case for increased cost optimization tools. Organizations are extending the scope of cloud costs to SaaS and software licensing. Those responsible for managing cloud use and costs are increasingly expanding their world beyond public cloud (IaaS/PaaS) to more effectively balance costs, usage and future spend. Seventy-nine percent of respondents indicated that they are now involved in cloud software decisions, with 69% involved in managing use and/or cost of SaaS applications and 64% are managing the use and/or costs of cloud licenses (or software running in the cloud). Those responsible for managing cloud use and costs are increasingly expanding their world beyond public cloud (IaaS/PaaS) to more effectively balance costs, usage and future spend. Seventy-nine percent of respondents indicated that they are now involved in cloud software decisions, with 69% involved in managing use and/or cost of SaaS applications and 64% are managing the use and/or costs of cloud licenses (or software running in the cloud). Amazon Web Services (AWS) and Microsoft Azure competition remains heated. According to those surveyed, AWS and Azure continue to compete for the top spot regarding public cloud adoption. Recent data shows that AWS maintains a lead among SMBs—53% of SMBs reportedly use AWS, compared to 29% leveraging Azure. Google Cloud Platform holds the third spot, with just under half (46%) of all organizations running some or significant workloads on it. 0 0
Yahoo
24-03-2025
- Business
- Yahoo
Flexera Earns 5-Star Rating in the 2025 CRN® Partner Program Guide
ITASCA, Ill., March 24, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, has been honored by CRN®, a brand of The Channel Company, with a 5-Star Award in the 2025 CRN Partner Program Guide. This annual guide is an essential resource for solution providers seeking vendor partner programs that match their business goals and deliver high partner value. 'Our partner community plays an essential role in helping customers achieve their business objectives despite the ever increasing amount of complexity and risk in the hybrid IT landscape,' said Brian Hibner, Senior Vice President of Alliances and Services at Flexera. 'Flexera is committed to continuously investing and improving our channel so partners and Managed Service Providers can deliver high-quality services to customers powered by Flexera technology. This award is a testament to our focus to build a thriving partner ecosystem where our partners supply high value, high-margin services the market is desperate for.' In 2024 alone, Flexera made a significant investment in its channel program, bolstering its extensive benefits, capabilities and certifications to make it easier than ever for partners to develop, launch and attain higher margins with new services. The investment also provided Flexera with the ability to accelerate development for its Managed Service Provider (MSP) capabilities and expand its in-house partner team, with plans for continued hiring in 2025. Now with the acquisition of Spot (bringing its key product lines CloudCheckr, Eco, Ocean and Elastigroup into the Flexera One portfolio), Flexera has added even more MSP relationships to its burgeoning ecosystem, particularly in the FinOps space. 'Being featured on the 2025 CRN Partner Program Guide highlights the dedication these technology vendors have to evolving with solution providers, driving innovation, and supporting mutual success,' said Jennifer Follett, VP, U.S. Content and Executive Editor, CRN, at The Channel Company. 'This critical annual project empowers solution providers to identify vendors that are committed to enhancing their partner programs and meeting the always-changing business needs of the channel and end customers. The guide provides deep insight into the distinctive value of each partner program so solution providers can make strategic partnership decisions with confidence.' The extensive support and resources technology vendors offer through their partner programs are a critical consideration for solution providers assessing which IT vendors, service providers, and distributors to team with in building world-class technology solutions. Program elements such as financial incentives, sales and marketing assistance, training and certification, technical support and more can set vendors apart and play a key role in boosting their partners' long-term growth and profitability. The 5-Star Award is an elite recognition given to companies that have built their partner programs on the key elements needed to nurture lasting, profitable, and successful channel partnerships. For the 2025 Partner Program Guide, the CRN research team evaluated vendors based on program requirements and offerings such as partner training and education, pre- and post-sales support, marketing programs and resources, technical support, and communication. The 2025 Partner Program Guide will be featured in the April 2025 issue of CRN and published online at beginning March 24, 2025. Follow Flexera on LinkedIn on X (formerly Twitter) on Instagram About FlexeraFlexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization's entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at About The Channel Company:The Channel Company (TCC) is the global leader in channel growth for the world's top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit Follow The Channel Company: X, LinkedIn and Facebook. © 2025 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved. For more information, contact:Flexera Media Contact:Ciri HaughFlexerapublicrelations@ The Channel Company Contact:Kristin DaSilvaThe Channel Companykdasilva@ in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
New Flexera Report Finds that 84% of Organizations Struggle to Manage Cloud Spend
The 14th annual State of the Cloud reveals evolving strategies for managing cloud costs and efficiency ITASCA, Ill., March 19, 2025 (GLOBE NEWSWIRE) -- Flexera, the global leader in technology spend and risk management, today announced the release of its 2025 State of the Cloud Report. The 14th annual report, which polled more than 750 technical professionals and executive leaders worldwide who were involved in the use of cloud, uncovered that 84% of respondents believe that managing cloud spend is the top cloud challenge for organizations today. With cloud spend expected to increase by 28% in the coming year, the report findings suggest that many respondents are rethinking their existing cloud cost management strategies. As organizations continue to invest in artificial intelligence (AI), nearly one-third (33%) of organizations are spending more than $12 million annually on the public cloud alone. With cloud budgets already exceeding limits by 17%, organizations are increasingly turning to managed service providers (60%) and expanding use of their FinOps teams to regain control over spending (59%). In fact, the number of respondents that use, or plan to use, a FinOps team increased by eight percentage points year over year. 'AI is in its prime with no indication of losing momentum,' said Jay Litkey, Senior Vice President of Cloud and FinOps at Flexera and Governing Board Member at the FinOps Foundation. 'I suspect we'll see further acceleration of AI use as more organizations embrace their own AI investments and technology vendors introduce agentic AI into their existing toolsets. To stay on budget and accurately forecast for future needs, organizations need to fine-tune how to track and manage their cloud spend and use with FinOps now—or risk a significantly wasted investment.' While estimated wasted cloud spend is falling, the adoption of AI-related public cloud services is rising. In addition to an increase in the use of data warehouse services (76%), often leveraged to feed AI models, generative AI (GenAI) public cloud services use is booming with 72% of organizations reportedly using the technology either extensively or sparingly, as compared to 47% in 2024. 'FinOps is taking center stage as many enterprises prepare for the onslaught of AI services to eat away at their cloud resources and budgets,' said Becky Trevino, Chief Product Officer at Flexera. 'As we're witnessing an increase in FinOps adoption, we're simultaneously seeing estimated wasted cloud spend trending downward. This illustrates the power and promise of FinOps practices, proving it is a winning strategy for organizations worldwide.' Additional key findings include: Cloud repatriation is starting to slowly unfold. Today, analysts and experts have indicated that some organizations are moving their workloads back to non-cloud environments (their own data centers and/or co-located/hosted environments). While this is beginning to happen, only a minority (21%) of cloud workloads have been repatriated. However, the ongoing migration to the cloud and net-new cloud workloads outstrip these cloud exits, resulting in continued cloud growth. Cloud sustainability initiatives are becoming top-of-mind. Organizations are highly focused on fine-tuning their sustainability practices. Over half (57%) of respondents reported they have, or plan to have, a defined sustainability initiative in place within twelve months, including carbon footprint tracking of cloud use. Regardless, saving money is still top of mind given 57% said cost optimization takes priority over sustainability. Cost efficiency continues to be the shining metric. Eighty-seven percent of respondents indicated that cost efficiency/savings is the number one metric used for assessing progress against cloud goals for the sixth year in a row, a 22-point increase from 2024. Organizations are also focused on the volume of workloads migrated (up from 36% in 2024 to 78% in 2025), and cost avoidance, which saw an uptick from 28% to 64%. This continues to validate the narrative that more workloads are moving to—or being developed in—the cloud, making a case for increased cost optimization tools. Organizations are extending the scope of cloud costs to SaaS and software licensing. Those responsible for managing cloud use and costs are increasingly expanding their world beyond public cloud (IaaS/PaaS) to more effectively balance costs, usage and future spend. Seventy-nine percent of respondents indicated that they are now involved in cloud software decisions, with 69% involved in managing use and/or cost of SaaS applications and 64% are managing the use and/or costs of cloud licenses (or software running in the cloud). Amazon Web Services (AWS) and Microsoft Azure competition remains heated. According to those surveyed, AWS and Azure continue to compete for the top spot regarding public cloud adoption. Recent data shows that AWS maintains a lead among SMBs—53% of SMBs reportedly use AWS, compared to 29% leveraging Azure. Google Cloud Platform holds the third spot, with just under half (46%) of all organizations running some or significant workloads on it. For more information on the Flexera 2025 State of the Cloud report, please visit: Follow Flexera on LinkedIn on X (formerly Twitter) on Instagram About FlexeraFlexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, our award-winning IT asset management, FinOps and SaaS management solutions provide comprehensive visibility and actionable insights on an organization's entire IT ecosystem. This intelligence enables IT, finance, procurement, FinOps and cloud teams to address skyrocketing costs, optimize spend, mitigate risk and identify opportunities to create positive business outcomes. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at For more information, contact:Ciri HaughFlexerapublicrelations@ in to access your portfolio
