Accessibility Statement Skip Navigation
  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing
  • Login
  • GDPR
  • Create a Free Account
Return to PRWeb homepage
  • News
  • Resources
  • Contact
When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All News Releases
      • Multimedia Gallery

      • All Multimedia
      • All Photos
      • All Videos
  • Business & Money
      • Auto & Transportation

      • Aerospace, Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads and Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking and Road Transportation
      • View All Auto & Transportation

      • Business Technology

      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing

      • Accounting News & Issues
      • Acquisitions, Mergers and Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalization
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business

      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls and Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology

      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources

      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil and Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment

      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing

      • Aerospace & Defense
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation and Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking and Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications

      • Carriers and Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail

      • Animals & Pets
      • Beers, Wines and Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics and Personal Care
      • Fashion
      • Food & Beverages
      • Furniture and Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewelry
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media

      • Advertising
      • Art
      • Books
      • Entertainment
      • Film and Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health

      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports

      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel

      • Amusement Parks and Tourist Attractions
      • Gambling & Casinos
      • Hotels and Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest

      • Advocacy Group Opinion
      • Animal Welfare
      • Congressional & Presidential Campaigns
      • Corporate Social Responsibility
      • Domestic Policy
      • Economic News, Trends, Analysis
      • Education
      • Environmental
      • European Government
      • FDA Approval
      • Federal and State Legislation
      • Federal Executive Branch & Agency
      • Foreign Policy & International Affairs
      • Homeland Security
      • Labor & Union
      • Legal Issues
      • Natural Disasters
      • Not For Profit
      • Patent Law
      • Public Safety
      • Trade Policy
      • U.S. State Policy
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Hamburger menu
  • Cision PRWeb provides efficient communication tools to continuously engage with target audiences across multiple online channels
  • Create a Free Account
    • ALL CONTACT INFO
    • Contact Us


      11AM ET Sunday – 8PM ET Friday

  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • News in Focus
    • Browse All News
    • Multimedia Gallery
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR
  • Send a Release
  • Sign up
  • Log in
  • Resources
  • RSS
  • GDPR

Global SAM Leader, Flexera, acquires Meta SaaSto offer most advanced SaaS spend management capabilities on the market
  • USA - English


News provided by

Vanilla PR

May 08, 2018, 13:55 ET

Share this article

Share toX

Share this article

Share toX

SaaS apps skyrocketing
SaaS apps skyrocketing

The number of SaaS apps in use is skyrocketing – especially among small and mid-size companies. As much as a third of those applications aren’t even being used,” said Tom Canning, Vice President of Strategy at Flexera.

Post this

(PRWEB UK) 8 May 2018 -- Flexera, the company that’s reimagining how software is bought, sold, managed and secured, announced today that it has extended its SAM leadership through the acquisition of Meta SaaS, the developer of the most technologically advanced SaaS spend management solution on the market. Now organizations can discover software-as-a-service (SaaS) applications in use, optimize SaaS spend, manage SaaS subscriptions, reduce SaaS security and compliance risk, and eliminate “Shadow SaaS” – subscriptions in use that are unauthorized or procured outside official processes. Meta SaaS is being rebranded as Flexera SaaS Manager.

The game has changed for companies everywhere. They’re finally demanding more from their technology assets and suppliers. They expect – and deserve – faster time to value, more complete solutions and trustworthy data to drive better business outcomes. Flexera is achieving its promise to meet these needs by rapidly building or buying the best technology, like Meta SaaS.

“The number of SaaS apps in use is skyrocketing – especially among small and mid-size companies. As much as a third of those applications aren’t even being used,” said Tom Canning, Vice President of Strategy at Flexera. “And, because companies can’t see or manage SaaS apps in use across the enterprise, cost and risk are out of control. We’re now able to help customers rein in SaaS spend on more than 32,000 SaaS applications – vastly exceeding the capabilities of any other SAM supplier.”

32,000+ SaaS Apps in Catalog, and Direct Integration with 250 More

As a result of today’s acquisition, Flexera now dwarfs all other SAM suppliers in terms of SaaS spend management depth and breadth. Customers can leverage Flexera’s technology to identify more than 32,000 SaaS applications and intelligently manage contract renewals through proactively generated, easy-to-read reports. In addition, Flexera can now monitor license utilization for more than 6,200 of those SaaS applications.

Moreover, with direct product integrations to more than 250 widely used SaaS applications, Flexera now provides best-in-industry business intelligence about when and how users interact with the most critical SaaS products on the market. Customers can understand their true SaaS ROI, and the true impact of SaaS application usage for popular SaaS apps like Salesforce®, Office 365®, Slack™ and Box®, to name a few.

Unparalleled Visibility: Know What SaaS Apps Employees Are Using

To gain control over SaaS spend, organizations have to answer foundational questions like, which SaaS apps are running in their environment, and who’s using them. But, usually they don’t have the proper tools in place to answer these basic questions. Flexera can now give customers instant visibility across the enterprise into more than 32,000 SaaS apps running, regardless of whether they were procured through official channels or unofficial ones (Shadow SaaS). Using proprietary technology, Flexera can securely connect with expense, accounting, and payment systems to identify and consolidate all SaaS apps in use into a single dashboard – shining a light on Shadow SaaS. Once organizations know what SaaS apps they’re running, they can take the next steps of optimizing, managing and securing them.

“In one example, a telecommunications company leveraged Meta SaaS – now Flexera SaaS Manager – to scan just one year’s worth of Concur expense reports,” said Canning. “They discovered $10 million worth of Shadow SaaS in their environment – 295 unsanctioned products from 266 different vendors.”

The SaaS Blind Spot: Who Can Access SaaS Data that Shouldn’t?

As employees come and go and roles change, companies struggle with securing corporate data from those that shouldn’t have access. Many use tactics ranging from checklists and emails to single sign-on (SSO) technology. But SSO only works for the SaaS apps it’s connected to. Most organizations don't deploy SSO for all their SaaS vendors – especially when Shadow SaaS is rampant and employees are using SaaS apps the company doesn’t even know about.

A SSO system can also be out of sync with the HR system and/or user account information in the SaaS application itself. This can occur, for instance, if an employee has been given direct access privilege outside of an organization’s SSO processes. Having this blind spot exposes companies to regulatory compliance risk, like GDPR, which requires them to understand which systems contain personally identifiable data, and who has access.

Through today’s acquisition, Flexera can now better help customers resolve the SaaS management and security blind spot. Augmenting current SaaS security processes, Flexera can connect the HR record to SaaS vendor records, producing intelligent, accurate checklists identifying exactly what each employee truly has access to. This lets IT compare its records against hard data when creating secure SaaS accounts.

“We’re thrilled to be acquired by Flexera because of their superior solutions and leadership in the SAM industry. Just as important to us, however, is Flexera’s broad commitment to help customers optimize all their cloud assets – from infrastructure and software running in the cloud, to SaaS. No other SAM vendor comes close to Flexera’s vision and ability to execute,” said Arlo Gilbert, Meta SaaS’s co-founder and CEO. “In addition, while companies of all sizes use SaaS, small and midsize organizations in particular now have a single, go-to SAM provider they can rely on to optimize all their technology asset spend – including SaaS as well as software used on premise and in the datacenter.”

For more information about Flexera’s SaaS spend capabilities, companies should reach out to their Flexera account rep, or contact Flexera here.

###
Follow us on…

  • LinkedIn
  • Twitter
  • Facebook
  • Instagram
  • Google+
  • RSS

About Flexera
Flexera is reimagining the way software is bought, sold, managed and secured. We view the software industry as a supply chain, and make the business of buying and selling software and technology asset data more profitable, secure, and effective. Our Monetization and Security solutions help software sellers transform their business models, grow recurring revenues and minimize open source risk. Our Vulnerability and Software Asset Management (SAM) solutions strip waste and unpredictability out of procuring software, helping companies buy only the software and cloud services they need, manage what they have, and reduce compliance and security risk. Powering these solutions and the entire software supply chain, Flexera has built the world’s largest and most comprehensive repository of market intelligence on technology assets. In business for 30+ years, our 1200+ employees are passionate about helping our 80,000+ customers generate millions in ROI every year. Visit us at http://www.flexera.com.

For more information, contact:

Flexera
Nicola Males/Vidushi Patel
07976 652491
prflexera(at)vanillapr.co.uk

*All third-party trademarks are the property of their respective owners.

Nicola Males, Vanilla PR, +44 +447976652491, [email protected]

Modal title

Contact PRWeb

  • 11AM ET Sunday – 8PM ET Friday
  • Contact Us

About PRWeb

  • About PRWeb
  • Partners
  • Partnership Programs
  • Editorial Guidelines
  • Resources

Why PRWeb

  • Why PRWeb
  • How It Works
  • Who Uses It
  • Pricing

Accounts

  • Create a Free Account
  • Log in
  • Contact Us

Do not sell or share my personal information:

  • Submit via [email protected] 
  • Call Privacy toll-free: 877-297-8921

Contact Cision

Products

About

My Services
  • All News Releases
  • Online Member Center
  • ProfNet
Cision Distribution Helpline
888-776-0942
  • Legal
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2025 Cision US Inc.