Flexera (RightScale) Positioned in the Leaders Quadrant of the Gartner Magic Quadrant for Cloud Management Platforms

ITASCA, Ill., Jan. 15, 2019 (GLOBE NEWSWIRE) -- Flexera, the company that's reimagining how software is bought, sold, managed and secured, announced Flexera (RightScale) has been positioned by Gartner, Inc. in the Leaders quadrant of the Gartner Magic Quadrant for Cloud Management Platforms, published on 7 January 2019 and authored by Dennis Smith, et al. Gartner evaluated the RightScale CMP which includes cloud cost optimization offering, RightScale Optima. RightScale was acquired by Flexera in 2018.

“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.”

Gartner said in its Critical Capabilities for Cloud Management Platforms, January 7, 2019 report, authored by Dennis Smith, et al., “By 2021, 75% of organizations without tooling to manage their multicloud environments will spend more than they would have had they stayed on-premises, and will also lack needed policy and governance capabilities, increasing the likelihood of security and/or compliance exposures.”

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About Flexera

Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. The Flexera  RightScale multicloud management and cloud cost optimization solutions enable enterprises to drive top-line revenue while optimizing cloud usage to reduce risk and costs. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1300+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at  www.flexera.com.

For more information, contact:

Bret Clement
flexerapr@clementpeterson.com 

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