WAUKESHA, Wis.--(BUSINESS WIRE)--Today, SoftwareONE, a leading provider of Software Portfolio Management solutions, announced the newest release of PyraCloud — an automated platform for procuring, monitoring and optimizing the value of software assets. With new capabilities that support cloud and on-premises software management needs, the platform improves transparency, empowering organizations to more intelligently invest in and manage the technologies that drive their businesses forward.
The PyraCloud platform provides visibility into cloud purchases and resources for publishers — including Azure, Office365, AWS, and others — making it the most comprehensive, fully online, cloud agnostic portfolio management platform. With its new integration and features, PyraCloud provides both big-picture visibility and granular consumption metrics for companies to optimize investments and make better decisions on budgeting and forecasting spend for both on-premises and cloud software.
“Companies spend up to 20 percent of their IT budget on software. Taking a holistic approach to optimize entitlement management, inventory and consumption can translate to millions of dollars saved, which can be put towards innovation versus keeping the lights on,” said Mike Gersten, Global Innovation and Strategy Officer at SoftwareONE. “With PyraCloud, we’re taking the tenets of supply chain optimization and applying it to software management to help companies see the full picture of their enterprise solutions, and make adjustments based on real-time data.”
The updated user experience of PyraCloud makes it easy for stakeholders to gain actionable insights into software spend, and provides the ability to drill down into software consumption across business units. The platform allows users to manage quotes/orders/invoices, contracts, license keys, and download and install software — all directly within the PyraCloud platform, and on a global scale.
"Most practitioners in the Wikibon community leverage multiple cloud services. This leads users to look at solutions like SoftwareONE's PyraCloud platform, which provide a rich mix of dashboards and reports to manage the overall software spend," said Stuart Miniman, Senior Analyst at Wikibon. "With these capabilities, the PyraCloud platform will help organizations forecast, budget, and track their usage of cloud to optimize spend."
Additionally, the PyraCloud Platform helps customers make decisions on cloud purchases and resources as they transition workloads from on-premises to cloud, enabling enterprises at all levels to manage the investment in their cloud portfolio and ensure business and budget needs are met.
“With more businesses transitioning software assets to the cloud, the migration and management of on-premises and cloud assets require a high level of visibility for better efficiency and security,” said Nicole Herskowitz, senior director, product marketing for Microsoft Corp. “PyraCloud provides that transparency and in-depth consumption insights into and across various Microsoft systems, allowing customers to manage, control and optimize their resources.”
The updated PyraCloud platform will be rolled out to current customers starting 1Q2017. Additional information can be found in our latest e-Book, "A Modern Approach to Software Portfolio Management.”
Privately owned since 1985, SoftwareONE is redefining the software management and IT solutions landscape. Since becoming the global leader in Software Asset Management (SAM), SoftwareONE has been revolutionizing the industry with its intelligent software management platform (PyraCloud) and its Software Portfolio Management (SPM) services. PyraCloud delivers the visibility, elasticity, and control needed to maximize software investments while SPM minimizes compliance risk and optimizes the underlying IT infrastructure.
SoftwareONE is one of the fastest growing technology solution providers in the world with elite sales designations and long-standing relationships with top partners such as Microsoft, Adobe, IBM, VMware, Oracle, Citrix, Symantec, McAfee, and many more. SoftwareONE achieved over $5B in 2015 sales due to its 3,000 certified technology consultants located across 80+ countries. To learn more about SoftwareONE, visit us at www.softwareone.com and connect with us on Twitter and LinkedIn.