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Tools and Technology

Flexera One IT Asset Management Gets New Features in July 2024 Update

Flexera One IT Asset Management received a new update in July 2024, bringing new features and functionalities. The update focuses on improved license management with the introduction of two new APIs: allocation and deallocation. These APIs allow for automation of assigning and removing software licenses to users and devices, streamlining license distribution, tracking, and overall compliance across an organization’s IT infrastructure. Additionally, the update offers the ability to view product use rights for individual software SKUs, providing users with better insights into license usage.

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Market News

IAM Releases Updated Asset Management Framework

The Institute of Asset Management (IAM) has unveiled the fourth version of its Asset Management Anatomy. This comprehensive framework outlines the core components and principles of effective asset management. The updated version reflects the evolution of the discipline since 2015 and incorporates insights from global experts. It aligns with the IAM’s 10-box Capabilities Model, providing a structured approach for organizations to enhance their asset management practices. IAM – Release of Version 4 of the IAM Asset Management Anatomy

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Market News

Software Asset Management Market on the Rise

2024 report from Orbis Research highlights the growing importance of Software Asset Management (SAM). The market is experiencing significant growth driven by increasing software complexities, compliance risks, and the need to optimize software investments. The report provides valuable insights into market trends, key players, and future growth prospects. It emphasizes the strategic role of SAM in achieving cost savings, reducing risks, and maximizing software value.

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Tools and Technology

Ternary Enhances Cloud Cost Management in July 2024 Update

Ternary’s July 2024 big update focusing on strengthening cloud cost management capabilities. It expands dashboard flexibility by increasing the widget limit, allowing users to build more comprehensive visualizations. Additionally, the update improves forecasting accuracy, simplifies Azure cloud configuration, and enhances functionalities for Managed Service Providers (MSPs) with improved customer management tools. 

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Market News

Cloud Providers Step Up FinOps Game

Cloud providers are racing to enhance their FinOps offerings. Fresh from FinOps X, we’re seeing a surge in new features. Google Cloud is boosting data visualization, while AWS and Azure are aligning with the FOCUS standard for seamless data sharing. The cherry on top? AI-driven recommendations to optimize your cloud spending. It’s a FinOps revolution!

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