Latest news with #GartnerMagicQuadrant
Yahoo
4 hours ago
- Business
- Yahoo
Planview Again Named by Gartner® as a Leader in Strategic Portfolio Management
Organization recognized as a leader for Completeness of Vision and Ability to Execute AUSTIN, Texas, August 07, 2025--(BUSINESS WIRE)--Planview, the leading end-to-end platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD), today announced that it was named a Leader in the 2025 Gartner® Magic Quadrant™ for Strategic Portfolio Management (SPM)1. This is the fourth consecutive year that the company has been recognized, receiving the highest and furthest position in both Completeness of Vision and Ability to Execute indices. "In today's rapidly evolving technology environment, shaped increasingly by AI, organizations must evolve their portfolio management practices to better connect strategic intent to execution," said Louise K. Allen, Chief Product Officer at Planview. "By supporting the shift to a product operating model, Planview enables teams to focus less on finishing projects and more on achieving the outcomes that matter most." Planview® Portfolios' comprehensive and mature build is a key differentiator, as is the company's commitment to continuous improvement, integrating emerging technology, and strong industry partnerships. In the past year, Planview has also demonstrated its ongoing dedication to bringing advanced planning capabilities to a wide range of businesses across regions and sectors. Highest Scores in Critical Capabilities Planview was also recognized in the Gartner® companion report to the Magic Quadrant, the Critical Capabilities for Strategic Portfolio Management2. A Critical Capabilities document is a comparative analysis that scores competing products or services against a set of critical differentiators identified by Gartner. Planview received the highest score in three of three Use Cases: Strategy Execution Management, Enterprise Program and Portfolio Management, and Integrated IT Portfolio Analysis. Download a complimentary copy of The 2025 Gartner® Magic Quadrant™ for Strategic Portfolio Management (SPM) report to read the full assessment. To learn more about Planview, visit Gartner does not endorse any vendor, product, or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. About Planview Planview is the leading end-to-end platform for Strategic Portfolio Management (SPM) and Digital Product Development (DPD), giving its customers the strategic foresight to prioritize investments and initiatives, make those plans real within constraints, and pivot with certainty when things change. Our connected platform of solutions underpins the business and digital transformations of more than 2.7 million users globally, including 45 of the Fortune 100. Headquartered in Austin, Texas, Planview has over 1,300 employees worldwide. ________________________ 1 Gartner, Magic Quadrant for Strategic Portfolio Management, By John Spaeth, Shailesh Muvera et al., 4 August 2025 2 Gartner, Critical Capabilities for Strategic Portfolio Management, By John Spaeth, Shailesh Muvera et al., 4 August 2025 View source version on Contacts Rachel AustinDirector, Corporate Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
5 hours ago
- Business
- Business Wire
Red Hat Recognized as a Leader for Second Consecutive Year in 2025 Gartner® Magic Quadrant™ for Cloud-Native Application Platforms
RALEIGH, N.C.--(BUSINESS WIRE)--Red Hat, the world's leading provider of open source solutions, today announced that it has been recognized by Gartner as a Leader in the 2025 Magic Quadrant for Cloud-Native Application Platforms for the second year in a row 1. Red Hat OpenShift, the industry's leading hybrid cloud application platform powered by Kubernetes, was recognized for the solution's Completeness of Vision and in Ability to Execute in the Magic Quadrant. In our opinion, this recognition underscores Red Hat OpenShift's comprehensive capabilities in helping organizations build, deploy and manage cloud-native applications across hybrid and multi-cloud environments, from the datacenter to the edge. The platform's ability to provide a consistent operational experience for both virtualized and containerized workloads, coupled with its robust developer tooling and integrated security features, empowers enterprises to accelerate innovation and drive digital transformation. We feel Red Hat OpenShift is recognized for its robust capabilities in containerization support, its extensive ecosystem and integration and its strong security and compliance features. Red Hat OpenShift continues to evolve, offering a flexible and powerful foundation for a wide range of workloads, including increasingly critical AI/ML initiatives. With its flexible multicloud strategy, Red Hat OpenShift demonstrates a clear understanding of the evolving cloud-native market, positioning it to effectively power the next generation of AI-driven workloads. The Gartner Magic Quadrant for Cloud-Native Application Platforms evaluated 12 vendor solutions and was based on specific criteria that analyzed the company's overall completeness of vision and ability to execute. According to Gartner, Leaders execute well against their current vision and are well positioned for tomorrow. View a complimentary copy of the Magic Quadrant report to learn more about Red Hat's strengths and cautions, among other provider offerings, here. Supporting Quotes Mike Barrett, vice president & general manager, Hybrid Cloud Platforms, Red Hat 'We believe being recognized as a Leader for a second consecutive year in the Gartner Magic Quadrant for Cloud-Native Application Platforms is a testament to Red Hat OpenShift's sustained innovation and its critical role in enabling enterprises to navigate the complexities of modern application development. Our commitment to open source and hybrid cloud allows organizations to build, deploy and manage applications with unparalleled consistency and flexibility, wherever their data and operations reside.' Additional Resources Connect with Red Hat Gartner Disclaimer Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. GARTNER is a registered trademark and service mark of Gartner and Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and are used herein with permission. All rights reserved. About Red Hat, Inc. Red Hat is the open hybrid cloud technology leader, delivering a trusted, consistent and comprehensive foundation for transformative IT innovation and AI applications. Its portfolio of cloud, developer, AI, Linux, automation and application platform technologies enables any application, anywhere—from the datacenter to the edge. As the world's leading provider of enterprise open source software solutions, Red Hat invests in open ecosystems and communities to solve tomorrow's IT challenges. Collaborating with partners and customers, Red Hat helps them build, connect, automate, secure and manage their IT environments, supported by consulting services and award-winning training and certification offerings. Forward-Looking Statements Except for the historical information and discussions contained herein, statements contained in this press release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are based on the company's current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially. Any forward-looking statement in this press release speaks only as of the date on which it is made. Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. Red Hat, the Red Hat logo and OpenShift are trademarks or registered trademarks of Red Hat, Inc. or its subsidiaries in the U.S. and other countries. Linux® is the registered trademark of Linus Torvalds in the U.S. and other countries. 1 Source: Gartner, 'Magic Quadrant for Cloud-Native Application Platforms,'
Techday NZ
19 hours ago
- Business
- Techday NZ
Fortinet lifts outlook as quarterly revenue climbs to USD $1.63bn
Fortinet has reported financial results for the second quarter ended 30 June 2025, showing a 14 per cent year-on-year increase in revenue to USD $1.63 billion and a raised outlook for full-year billings by USD $100 million. Second quarter highlights The company's billings for the quarter reached USD $1.78 billion, a 15 per cent increase compared to the corresponding period last year. Key businesses within Fortinet's portfolio showed notable performance, including unified secure access service edge (SASE) annual recurring revenue (ARR), which grew by 22 per cent year over year, and security operations ARR, which increased by 35 per cent. Fortinet reported a generally accepted accounting principles (GAAP) operating margin of 28 per cent and a non-GAAP operating margin of 33 per cent for the quarter. Executive commentary "Our strong second quarter performance and consistent track record of growth are a direct result of our continued innovation and customer-first strategy, enabling us to beat our billings guidance for the quarter and raise our full year billings outlook. We are the industry leader in network security, with the most deployed firewalls worldwide, a New-Generation SASE Firewall, and recognised leadership in the 2025 Gartner Magic QuadrantTM for SASE Platforms. This recognition, along with our strong business momentum, financial outlook, innovation, and leadership across five separate network security Magic QuadrantTM reports, underscores the strength of our AI-driven security approach and the strategic advantage of our unified FortiOS operating system." Ken Xie, Founder, Chairman and Chief Executive Officer of Fortinet, reflected on the quarterly performance using the above statement. Industry recognition and technology developments Fortinet was recognised as a Leader in the 2025 Gartner Magic Quadrant for SASE Platforms and achieved the number one position in the Critical Capabilities for SASE Platforms report for the Secure Branch Network Modernisation use case. The company was also the only vendor mentioned in five distinct network security Magic Quadrant reports in 2025. The company expanded its FortiCloud portfolio with three new natively integrated services: FortiIdentity, FortiDrive and FortiConnect. In addition to this, Fortinet was named the Overall Leader for the third consecutive year in the Westlands Advisory IT/OT Network Protection Platform Navigator 2025 report and was recognised as a Leader in the Gartner Magic Quadrant for Enterprise Wired and Wireless LAN Infrastructure for the second year running. Fortinet was also named a Gartner Peer Insights Customers' Choice for SD-WAN for the sixth year in a row and for Endpoint Protection for the third year in succession. The company stated that it has crossed 1,400 issued patents worldwide, including over 500 issued and pending artificial intelligence-related patents, attributed to its research and development investments. Financial guidance Looking forward to the third quarter of 2025, Fortinet expects revenue in the range of USD $1.67 billion to USD $1.73 billion and billings between USD $1.76 billion and USD $1.84 billion. The company anticipates a non-GAAP gross margin of between 80.0 per cent and 81.0 per cent, with an operating margin range of 32.5 per cent to 33.5 per cent. Diluted non-GAAP net income per share is projected to be between USD $0.62 and USD $0.64, based on a non-GAAP effective tax rate of 18 per cent and a diluted share count of 772 million to 776 million shares. For the entire fiscal year 2025, projected revenue is between USD $6.675 billion and USD $6.825 billion, with service revenue expected to total between USD $4.55 billion and USD $4.65 billion. Fortinet forecasts billings in the range of USD $7.325 billion to USD $7.475 billion. Non-GAAP gross margin is anticipated to be from 79.0 per cent to 81.0 per cent, and non-GAAP operating margin from 32.0 per cent to 33.5 per cent. Diluted non-GAAP net income per share guidance is set between USD $2.47 and USD $2.53, assuming a non-GAAP effective tax rate of 18 per cent and a diluted share count of 773 million to 777 million. The company explained that its guidance on non-GAAP financial measures excludes certain items, including stock-based compensation and amortisation of acquired intangible assets, among others, due to the inherent uncertainty or unpredictability of these items.
Business Wire
3 days ago
- Business
- Business Wire
Torii Named a Leader in 2025 Gartner® Magic Quadrant™ — Here's What It Means for SaaS Management
NEW YORK--(BUSINESS WIRE)-- Gartner has once again named Torii a Leader in its 2025 Magic Quadrant™ for SaaS Management Platforms (SMPs). This year's report evaluates 17 vendors in the SMP space, revealing a growing divide between tools that report on SaaS data—and platforms built to act on it. Torii's placement as a Leader confirms what its customers already know: a modern SMP must be all-in-one, cross-functional, and built to integrate—not replace—your existing stack. For IT, procurement, finance, and security leaders evaluating an SMP, this distinction matters. SaaS sprawl is no longer just an IT problem. It's a business-wide challenge—costing millions in wasted spend, exposing compliance gaps, and slowing decision-making across functions. Torii's placement as a Leader confirms what its customers already know: a modern SMP must be all-in-one, cross-functional, and built to integrate—not replace—your existing stack. 'This isn't a pivot—it's what we've built toward since day one,' said Uri Haramati, CEO and Co-founder of Torii. 'Rising costs, AI sprawl, surprise renewals—these affect every team. Torii brings all of it into focus and gives teams the power to act quickly, without extra tools or consultants.' Our Read on the Report: The Market Is Maturing The 2025 Gartner Magic Quadrant makes one thing clear: SMPs are no longer just nice-to-haves. They are a strategic requirement for organizations looking to manage SaaS at scale. Our key takeaways from this year's report: SMPs must support cross-functional collaboration, not just IT Actionability is now a core requirement—data without next steps isn't enough The next frontier is agentic AI —platforms that don't just suggest what to do, but take action directly As SaaS complexity grows, intelligent execution will continue to separate true SaaS Management leaders from reporting tools. As a Leader, we believe Torii's placement reinforces its role in defining what modern SaaS Management requires: complete visibility, built-in automation, and real-time intelligence that drives action—not just insights. What to Look for in an SMP (and How Torii Delivers) The Gartner Magic Quadrant evaluates SMPs based on Completeness of Vision and Ability to Execute. That means understanding the full scope of SaaS challenges—and delivering results across every team, use case, and stage of the software lifecycle. Here's what a modern SaaS Management Platforms must offer—and why Torii was a Leader: Comprehensive SaaS Discovery It's not enough to track known apps. SMPs must uncover Shadow IT, AI-powered tools, and hidden usage across the business. Torii combines multiple discovery methods with AI-driven app classification to expose every tool—whether centrally purchased or adopted by individuals. Integrated Cost, Usage, License, and Renewal Intelligence Disconnected data means disconnected decisions. Organizations need a single view tied to real usage and value. Torii brings this data together—so Finance, IT, and Procurement can align on what's being used, what's worth keeping, and where to cut. Automation That Scales Across Functions One-off alerts and rigid workflows aren't enough. Teams need automation that adapts to how they work. Torii supports deep, no-code automation for onboarding, offboarding, license cleanup, compliance workflows, and renewals—used by IT, Procurement, and Security. Built for Every Stakeholder SaaS is no longer just IT's problem, it's cross-functional. Torii was built for IT, Finance, Procurement, Security, and Leadership—offering role-based access, shared data, and coordinated workflows in one platform. What This Means for You IT gets full visibility into app adoption, license usage, and access gaps—so they can take action before waste or risk grows. Procurement gets accurate usage and contract data in one view—so they can reduce shelfware and negotiate with confidence. Finance gets previously siloed budget and usage data in one view—so they can cut waste, forecast accurately, and prove ROI. Security gets visibility into unmanaged and high-risk tools—so they can proactively close gaps in ownership, compliance, and control. Leadership gets a unified, reliable view of software value and risk—so they can make strategic decisions grounded in facts, not estimates. With Torii, you don't need to rip and replace your stack. Torii connects to the systems you already use, centralizes your SaaS data, and lets every team make faster, smarter decisions. Smarter AI That Drives Outcomes We believe the Gartner Magic Quadrant emphasized that action—not just insight—is the new standard. Torii's embedded AI assistant, Eko, sets that bar—giving every team proactive answers and next steps no other platform can match. Instead of static dashboards, teams ask direct questions—and get real answers: "Where are we overspending?" → 63 unused licenses. Reclaiming them saves $42K this quarter. "Which apps pose the highest security risk?" → 9 apps lack ownership, fail compliance checks, or bypass SSO. Reviewing them now helps reduce exposure and meet audit requirements. Later this year, Eko Act will take this further—empowering teams to reclaim licenses, assign owners, and launch workflows directly from chat. Eko isn't AI for AI's sake—it's real-time guidance that turns insight into action, right inside the platform. Read the Full Report Want to see which vendors were recognized? Download your complimentary copy of the 2025 Gartner Magic Quadrant™ for SaaS Management Platforms Gartner Disclaimer: Gartner, Magic Quadrant for SaaS Management Platforms. Tom Cipolla, et al, 30 July 2025. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Torii Torii is a leading SaaS Management Platform (SMP) built for today's distributed and fast-changing software landscape. Named a Leader in Gartner's 2025 Magic Quadrant, Torii helps IT, procurement, security, and finance teams gain visibility, control costs, and manage risk across their entire SaaS stack—from core apps to shadow IT and emerging AI tools. It's fast to deploy, easy to scale, and delivers rapid ROI without consultants or long rollouts. Global customers including Zip, Bumble, and Fiverr rely on Torii to eliminate millions in waste, reduce hours of manual work, and protect sensitive data across known and Shadow IT applications. Backed by top VCs including Tiger Global Management and Wing Venture Capital, Torii is setting the standard for what SaaS management should be. Learn more at and follow on LinkedIn.
Yahoo
3 days ago
- Business
- Yahoo
Zluri Recognized as a Leader in 2025 Gartner® Magic Quadrant™ for SaaS Management Platforms for Second Consecutive Year
MILPITAS, Calif., August 04, 2025--(BUSINESS WIRE)--Zluri, the next-generation Identity Governance and Administration platform, today announced its recognition as a Leader in the 2025 Gartner® Magic Quadrant™ for SaaS Management Platforms for the second consecutive year. Zluri was recognized for its Completeness of Vision and Ability to Execute. "We're honored that Gartner has recognized Zluri again as a Leader," said Ritish Reddy, CEO and Co-founder of Zluri. "I feel this recognition reinforces our commitment to enabling IT and security teams to achieve complete visibility, control, and governance, all from a single, unified platform." Ritish Reddy further noted, "We're in the early days of a generational shift — much like the onset of industrialization — where the explosion of SaaS, AI tools, and non-human actors is redefining how work gets done. Organizations are no longer just managing sanctioned apps; they're contending with a sprawl of Shadow IT, Shadow AI, and countless interactions between human and machine identities. This evolving complexity demands a new approach — one that starts with deep application visibility and control, and lays the foundation for stronger, identity-centric governance. Gartner's continued recognition signals that Zluri is trusted and proven in helping enterprises regain control in this new era." Zluri's patented discovery engine and unified data fabric provides complete visibility into all identities—human and machine—and their interactions across cloud, SaaS, and AI applications, enabling organizations to shift from assumption-based governance to intelligence-driven, activity-based access management. Zluri empowers organizations to proactively detect Shadow IT and monitor GenAI application usage. It streamlines the entire joiner-mover-leaver lifecycle with automated workflows, enhances productivity through self-service access requests, and automates access reviews to ensure ongoing compliance. A complimentary copy of the report is available here. Gartner, Magic Quadrant for SaaS Management Platforms, By Tom Cipolla, Dan Wilson, Lina Al Dana, 30th July 2025. GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved. Gartner does not endorse any vendor, product, or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. About Zluri Zluri is a next-gen Identity Governance and Administration (IGA) platform that enables IT and security teams to discover identities and applications, streamline access management, and automate access reviews—all from a single, intuitive interface. For more information, visit View source version on Contacts Media Contact: press@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
