Leading Analyst Firm Publishes Research Designed to Highlight Interesting, New, and Innovative Vendors, Products, and Services in the ITAM Market.
INDIANAPOLIS, IN — OCTOBER 2, 2018: Zylo, the largest independent enterprise SaaS management platform, today announced that it has been named a Cool Vendor based on the September 25, 2018 report titled “Cool Vendors in IT Asset Management, 2018” by April Adams, Roger Williams, Yanni Karalis, Pamela Wheelwright at Gartner, Inc. The report highlights interesting, new and innovative vendors, products and services in the ITAM market that improve data quality and benefit software asset management efforts.
According to the report, “In a 2018 Gartner primary research survey, 73% of respondents reported a strong need to implement SAM for SaaS applications within their organizations.” The report also provides key findings for IT leaders including the following:
- Good data quality provides the foundation for any successful IT asset management (ITAM) initiative, but many Gartner clients report that data quality issues stall tool deployments.
- Reducing the risk of being out of compliance continues to be a top driver of software asset management (SAM) tool investments, according to survey respondents.
“We believe it is a unique honor to be named a Gartner Cool Vendor,” said Eric Christopher, Co-founder and CEO of Zylo. “Cloud computing is powering new and changing business models across the enterprise today. Zylo provides one system of record to professionally manage cloud software subscriptions with effective governance, measurement, and cost visibility. From our view, this recognition validates our commitment to leading global enterprises to change the way software is managed now that the Cloud has changed the way it is purchased.”
We feel that the information provided in the report is of value to all IT, Sourcing and Vendor Management and Asset Management professionals who are seeking new ways to manage their SaaS by providing visibility into SaaS spending and utilization from one system of record.
Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Zylo is the largest independent enterprise SaaS management platform that transforms how companies manage and optimize their SaaS applications. By providing transparency of SaaS spend, license utilization, and user feedback, Zylo provides one SaaS system of record, empowering business leaders to discover, manage, measure and secure their SaaS investments. Zylo was named one of the 20 Rising Stars as part of the Forbes 2018 Cloud 100 list, the definitive list of the top 100 private cloud companies in the world. Visit zylo.com or follow @getzylo for more information.
Amy Condle, Zylo