Flexera, the global leader in technology spend and risk management, has launched a new product called Cloud License Management, designed to help organizations optimize the cost of software running in the cloud. This new product is built on top of Flexera’s Technology Intelligence Platform and provides a unified view and actionable insights into cloud software spend. With Cloud License Management, organizations can make the most of their cloud software investments and ensure they are not paying for software they already own.
The Complexity of Cloud Software
Cloud software can represent a significant portion of an organization’s cloud bill, up to 25%. This can add up quickly, especially since one-third of organizations invest more than $12 million a year on public cloud. When left unchecked, mismanaged cloud software can cause wasted software spend, bloated cloud bills, and potential regulatory and license compliance risk.
- Wasted software spend: Organizations may be paying for software licenses they no longer need or use.
- Bloated cloud bills: Inaccurate or missing software costs can lead to overprovisioning and unnecessary expenses.
- Regulatory and license compliance risk: Mismanaged cloud software can result in non-compliance with licensing requirements and potential regulatory penalties.
Smarter Decisions with Flexera Cloud License Management
Flexera’s Cloud License Management breaks down the complexity and barriers to fully managing cloud software spend by providing insight into cloud software running on public cloud services like Amazon Web Services and Microsoft Azure. This product also offers details on options for cloud software licensing models like pay-as-you-go (PAYG) and bring-your-own-license (BYOL) for major software operating systems and databases.
- View and track cloud software spend in Microsoft Azure and Amazon Web Services: Flexera provides detailed license usage information by vendor, cost center, product, and license model.
- Connect cloud software license details with entitlement data: Understand what on-premises software licenses organizations already own that offer BYOL options.
- Support more efficient cloud spending: Review software costs from highest to lowest, calculate price per hour based on the number of vCPUs, and create alerts on spending exceeding specific budget thresholds.
Additional Features
Flexera Cloud License Management includes several key features, including:
| 1 | Unified view of cloud software spend |
| 2 | Actionable insights into cloud software spend |
| 3 | Insight into cloud software running on public cloud services like AWS and Azure |
| 4 | Details on cloud software licensing models like PAYG and BYOL |
| 5 | Integration with entitlement data for on-premises software licenses |
What Our Customers Say
Flexera’s new Cloud License Management has received positive feedback from customers. For example, Sonal Gupta from Carlsberg Group said:
“I was impressed with the overall visibility and recommendations provided by Cloud License Management. Whether we want to use PAYG licenses, Azure hybrid benefit, or bring our own licenses, there are great recommendations that Cloud License Management generates which can save us a lot of money.”
Availability and Support
Flexera Cloud License Management is now available for the Flexera One ITAM and FinOps portfolio. To learn more, visit: https://www.flexera.com/products/flexera-one/cloud-license-management
About Flexera
Flexera helps organizations understand and maximize the value of their technology, saving billions of dollars in wasted spend. Powered by the Flexera Technology Intelligence Platform, their award-winning IT asset management, FinOps, and SaaS management solutions provide comprehensive visibility and actionable insights into an organization’s entire IT ecosystem. More than 50,000 global organizations rely on Flexera and its Technopedia reference library, the largest repository of technology asset data. Learn more at flexera.com.
news is a contributor at Soozo. We are committed to providing well-researched, accurate, and valuable content to our readers.




