HyperGrid Positioned in the Visionaries Quadrant of the Gartner Magic Quadrant for Cloud Management Platforms for Second Consecutive Year

LOS ALTOS, Calif., Feb. 18, 2020 /PRNewswire-PRWeb/ -- HyperGrid, a market leader in Cloud Management and Governance, today announced it has once again been positioned by Gartner, Inc. in the Visionaries quadrant of the Magic Quadrant for Cloud Management Platforms (CMP).

"As public cloud adoption continues to scale, so do the core challenges around implementing a cloud strategy. We see customers around the globe facing challenges with cost controls, security posture and establishing access guardrails in the cloud." said Manoj Nair, CEO and Co-Founder of HyperGrid. "We believe Gartner's positioning of us in the Visionaries quadrant for a second consecutive year validates our groundbreaking analytical approach with a focus on governance, and cements our position as an innovation driver in the CMP market."

The HyperGrid CMP is an intelligent and comprehensive cloud management and governance platform that enables enterprises and MSPs to deliver financial governance, security and compliance governance, and identity and access governance across multiple public clouds. The platform provides enterprises and MSPs with baked-in cloud expertise and centralized control to efficiently deliver new application services across their business and the entire cloud ecosystem.

According to the Gartner report, "In the course of this research, several key observations emerged from the providers' strategies and successful/unsuccessful deployments that should be carefully considered during an organization's CMP strategy formulation and solution selection. They include a growing demand for using CMP solutions to apply governance that allows the enforcement of cloud service standards where the key areas of governance are around cost management and security." The report also states that "by 2025, the percentage of enterprises deploying multifaceted cloud governance tooling will be over 70% versus less than 10% in 2020." ¹

HyperGrid provides management and governance for all major public clouds and has achieved Amazon Web Services (AWS) Cloud Management Tools Competency status for Cloud Governance to deliver unprecedented levels of visibility and automation to help customers increase the maturity of their public cloud operations. HyperGrid is also an Azure Solutions Partner and has achieved full compliance with the CMP requirements outlined within the Microsoft Azure Expert MSP certification and audit program for CSPs. As a Google Cloud Technology Partner, HyperGrid provides a broad range of turnkey capabilities to assist Google Cloud Platform customers with cloud management and governance.

To download a complimentary copy of the Gartner Magic Quadrant for Cloud Management Platforms, please visit: http://pages.hypergrid.com/magic_quadrant-2020

¹ Gartner – Magic Quadrant for Cloud Management Platforms, Dennis Smith, Sanjit Ganguli, Padraig Byrne, February 13, 2020

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About HyperGrid
HyperGrid is helping enterprises and service providers master the challenge of managing hybrid and multi-cloud environments as requirements and technologies increase in complexity. HyperGrid's flagship Cloud Management and Governance Platform delivers financial governance, security and compliance governance, and identity and access governance across all major cloud providers. The platform is powered by a predictive analytics engine with more than 400 million benchmarked data points, enabling organizations to efficiently plan, migrate, optimize, manage, and scale their cloud operations. Headquartered in Los Altos, Calif., HyperGrid supports a diverse global customer base across industry segments including finance, insurance, healthcare, oil & gas, construction, retail, FED/SLED, and telco. For more information, please visit http://www.hypergrid.com.

SOURCE HyperGrid