Story image

Flexera acquires multi-cloud management provider, RightScale

28 Sep 2018

Flexera announced it has acquired RightScale, a recognised industry leader in multi-cloud management and cost optimisation. This gives Flexera the top technology asset management offering across software, hardware, SaaS and cloud services. By adding RightScale’s proven products to its portfolio, Flexera takes a big leap forward in helping solve the critical problem of cloud services overspend and control.

RightScale’s current solutions and approach have earned industry recognition. The company was recently recognised as a leader in The Forrester Wave: Hybrid Cloud Management, Q2 2018 report, and The Forrester Wave: Cloud Cost Monitoring and Optimisation, Q2 2018 report.  Founded in 2007, RightScale offerings are built as multi-cloud, vendor agnostic solutions that support leading public and private clouds – including Amazon Web Services, Microsoft Azure, Google Cloud Platform, IBM Cloud, OpenStack and VMware vSphere.

“We’re very excited about this acquisition, it’s transformational for Flexera and our customers,” said Jim Ryan, CEO of Flexera.  “60% 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.”

Gartner estimates that cloud platform and infrastructure services spend is 20% of the IT budget today (Gartner Presentation, The Fundamentals of Software Asset Management, Matt Corsi, Gartner IT Sourcing, Procurement, Vendor & Asset Management Summit, September 2018).  

With an average 35% of that spend wasted, a multi-cloud cost optimisation tool that provides spend insights and a means to act on them has never been more important. The RightScale acquisition aligns with Flexera’s commitment to deliver the best vendor agnostic solutions to optimise and govern technology investments.  

In addition, RightScale’s orchestration features can automate actions identified by other Flexera solutions. Now Flexera gives companies the capabilities they need to stay in control of all their technology and maximise cost savings while minimising risks and vulnerabilities.

“As the migration to the cloud continues, our clients are telling us that cloud costs are escalating at a rate much faster than they envisioned or planned for and that multi-cloud management complexities are becoming the norm –not the exception,” said Michael Adams, Managing Director at KPMG.  “They want to be able to control and reduce spend across all of their cloud environments with one solution.”

Unencrypted Gearbest database leaves over 1.5mil shoppers’ records exposed
Depending on the countries and information requirements, the data could give hackers access to online government portals, banking apps, and health insurance records.
SAS announces US$1 billion investment in AI
"At SAS, we remain dedicated to our customers and their success, and this investment is another example of that commitment."
Two Ministers’ thoughts on blockchain in Oz
Minister Karen Andrews, and Minister Simon Birmingham have released a joint statement on the national blockchain roadmap and extra $100,000 funding.
IntegrationWorks continues expansion with new Brisbane office
The company’s new office space at the Riverside Centre overlooks the Brisbane River and Storey Bridge.
DXC subsidiary takes SAP energy industry partner award
Winners of the awards were selected from SAP’s A/NZpartner ecosystem and announced at the recent SAP A/NZ Partner Kick-Off Meeting held in Sydney.
NetApp and allegro.ai showcase an integrated solution for deep learning
Unlike traditional software, in deep learning, the data rather than the code is of the utmost importance.
Opinion: Moving applications between cloud and data centre
OpsRamp's Bhanu Singh discusses the process of moving legacy systems and applications to the cloud, as well as pitfalls to avoid.
Workflows should benefit people, not devices
It is important that, in digital transformation journeys, managers remember technology should complement, rather than overtake, employee talent and skillsets.