ORANGE, Conn.--(BUSINESS WIRE)--Tangoe, Inc. (NASDAQ: TNGO), a leading global provider of Connection Lifecycle Management (CLM) software and related services, today announced its new cloud discovery service, MatrixCloud Cloud Discovery, which is designed to detect, analyze, and optimize an enterprise’s sanctioned and unsanctioned public cloud environment, which includes Software as a Service (SaaS), Platform as a Service (PaaS), and Infrastructure as a Service (IaaS). According to a recent survey by IDG, 60% of respondents did not feel confident in regards to the level of visibility into the actual cost of existing cloud deployments.
By leveraging firewall and proxy server data, Tangoe’s strategic consulting team helps companies identify unsanctioned public cloud usage, gain real world measurements of sanctioned application consumption, identify redundant services and recommend safer, lower-cost alternatives. MatrixCloud Cloud Discovery creates a map of cloud services and their associated consumption, user base, financial impact, and risk, helping companies create cloud strategy, redefine their architecture and optimize operations.
“IT departments struggle to gain a complete view of the cloud applications that are being used on their networks. They can’t manage what they are unable to see,” said Al Subbloie, president and CEO of Tangoe. “Cloud Discovery will provide CIOs, CTOs, CFOs, and CISOs with the visibility needed to remove the shadow surrounding the increasing number of rogue cloud applications, while uncovering opportunities to reduce risk and optimize their cloud spend.”
The MatrixCloud Cloud Discovery analyzes public cloud consumption across five dimensions: financial discipline, inventory accuracy, data consumption, risk exposure, and contract efficiency. These five areas are critical to ensure companies understand where their data is being shared, how data is being consumed, and the direct impact of public cloud usage on their budget.
Tangoe is offering a comprehensive 90-day evaluation, which includes:
- Identification of all public cloud services (SaaS, PaaS and IaaS) used and their associated costs
- Estimation of the data usage and cost per cloud service
- Identification of the security risks associated with each cloud service
- Consolidation and optimization of applications that meet corporate security and compliance standards
- Recommendations for discounts and SLAs appropriate for cloud Enterprise License Agreements
- Recommendations for active governance and management of public cloud services
“While organizations have matured in the ability to track and manage the cost and risk associated with IT asset categories, there is a lack of maturity in the ability to implement best practices to track and manage the cost and risk associated with the rapidly expanding SaaS, PaaS and IaaS marketplace,” said Julie Stafford, senior vice president, Strategic Consulting, Tangoe. “Without an active process to manage cloud services, organizations are unable to proactively manage risk, control costs, negotiate commercial agreements and optimize the consumption of these solutions.”
With more than 13,000 enterprise public cloud applications available to companies today, MatrixCloud Cloud Discovery provides valuable insight into public cloud services being used on and off a business’s network, enabling businesses to be agile, efficient and scalable, while eliminating services that put the business at a security risk and licensing strategies that waste budget dollars.
To learn more about MatrixCloud Cloud Discovery and Tangoe’s other asset management solutions, please visit: https://www.tangoe.com/Products-Services/Cloud-Services-MatrixCloud.aspx.
Tangoe (NASDAQ: TNGO) is a leading global provider of Connection Lifecycle Management software and services to a wide range of global enterprises and service providers. The company's Connection Lifecycle Management technology, Matrix, is an on-demand suite of software and services designed to turn on, track, manage, secure, and support various connections in an enterprise's connection lifecycle, including mobile, fixed, machine-to-machine, cloud software and services, enterprise social, and IT connections. Additional information about Tangoe can be found at www.tangoe.com.
Tangoe is a registered trademark of Tangoe, Inc.