VIDEO: Flexera One – Software Overview, Top Features, and Alternatives

Flexera One is an IT and cloud management solution that claims to give its users “the power to mitigate risk, reduce costs and maximize every technology investment - so [they] can invest in innovation.” Sounds impressive right? Let’s take a closer look at it. But before that- Hi! I’m Kyle, and today we’re going to take a look at what Flexera One is all about. If you’re just starting your search though, we can help! Visit our website for our free list of IT management solutions.

Click the annotation in the top right corner of your screen to get started. And if you find this video useful, help us out with a like and subscription down below. Flexera One is a SaaS (or software as a service)-based IT management solution designed for organizations with highly complex hybrid environments. The platform equips enterprises with insights into their technology to rightsize resources and optimize costs. As a result, companies can present IT investment insights to business partners to drive better, more efficient outcomes.

Businesses gain complete and detailed visibility into their technology across the hybrid IT estate from on-premises to SaaS to cloud. Flexera One improves ITSM and ITFM (That’s IT service management and IT financial management) with information from the Technopedia catalog and identification — the curated source that helps fix data quality issues. Woo! That’s a lot of acronyms. Still with me? Good. Let’s go. Companies can feed IT business systems with holistic IT data that links services with resources, cost, usage, and risk.

The platform brings a data hub with IT data normalization, mapped with complete lineage to consolidate contracts from overlapping applications. It eliminates sprawl to optimize spending and identifies underutilized resources to reduce maintenance costs. IT Asset Management (ITAM) I promise that’s the last one. transforms technology data into actionable intelligence. It empowers IT to manage, govern, and optimize its hybrid IT estate. Organizations can discover software and hardware, reduce risk and spending through optimization, and control shadow IT.

Flexera One’s automated reclamation process removes unused software, ensuring the business doesn’t buy more when it already has unutilized inventory. Furthermore, IT Asset Management automates the IT asset lifecycle so the organization can find assets available, in storage, up for renewal, or coming off lease/warranty. By gaining visibility into underutilized assets, companies have the insights to negotiate contracts and control IT spending based on actual usage.

Flexera One allows IT teams to find and eliminate waste by unused or underused SaaS and on-premises software, removing unused applications, rightsizing purchases, and reallocating existing licenses. The platform provides a robust approach to the organization’s FinOps journey, enabling cloud governance teams to work collaboratively with business units. Additionally, this lets cloud resource owners identify areas of potential savings, take action on these identified areas, and implement processes to automate and govern these optimizations.

With Flexera One, companies get a comprehensive set of cloud cost management capabilities to implement FinOps processes across their cloud environment. Flexera One isn’t the only IT management tool out there though, here are a few alternatives: Morpheus, ServiceNow IT Operations Management, Mits, or Profitbase. And that does it for our overview of Flexera One. Thanks for watching! If you found this useful, help us out with a like and subscription down below. And if you’re still