STOCK TITAN

IBM Announces New AIOps Solutions Designed to Automate Software License Compliance

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

IBM announced new AI-powered automation solutions in collaboration with Flexera to streamline IT asset management across hybrid, multi-cloud environments. This initiative aims to help organizations reduce costs and enhance software license compliance. A Flexera study indicated that 34% of IT budgets are allocated to software, yet many enterprises struggle with license management. IBM's integration of Turbonomic and Flexera One offers real-time insights for better optimization. The launch is part of IBM's broader strategy to address complexities in IT operations.

Positive
  • Introduction of AI-powered automation solutions aimed at enhancing IT asset management.
  • Collaboration with Flexera to tackle complex software license compliance issues.
  • Potential cost reduction for businesses through better resource optimization.
  • Integration of Turbonomic and Flexera One promising improved monitoring and visualization of IT assets.
Negative
  • None.

In collaboration with Flexera, IBM is extending its AI-powered automation strategy to help enterprises simplify IT asset management across hybrid, multi-cloud environments

ARMONK, N.Y., March 15, 2022 /PRNewswire/ -- IBM (NYSE: IBM) today announced new solutions with IT management software company, Flexera, and IBM Turbonomic Application Resource Management (ARM) to help organizations use automation to streamline IT asset management. The new solutions are aimed at helping businesses lower costs and automate the increasingly complex tasks of software license compliance and optimization.

IT business leaders have reported that IT asset management has become a complex, expensive and time-intensive task for enterprises as they continue to adopt a hybrid, multi-cloud strategy with software and applications running across public, private and on-premises environments. A Flexera Study found that 34 percent of a typical IT spend budget is on software and SaaS applications, yet nearly half of respondents cited they need to focus on how to better manage these products and improve the reclamation of underused or unused products. Because of this, enterprises can face significant cost penalties if licenses are found to be non-compliant or if they are over- or under- utilizing resources.

The challenge is exacerbated by the gap in skills that many enterprises are facing. According to Gartner®, IT executives responding cited talent availability as the main adoption risk factor for the majority of IT automation technologies (75%). Businesses need IT expertise to manage automation technologies.

To help organizations overcome these challenges, IBM and Flexera have developed integrations with Turbonomic ARM and Flexera One to help visualize their IT estate from on-premises to SaaS to cloud. Businesses can then automate the manual tasks of software license and resource optimization. Turbonomic ARM is designed to continuously monitor and help improve application performance and governance by dynamically resourcing applications across hybrid and multi-cloud environments to reduce costs. The combination of Turbonomic ARM combined with software license data, utilization data and insights from Flexera One, is designed to help businesses mitigate the risk of penalties from software non-compliance to minimize surprise billings. The integrated solution also helps identify areas of underutilization so that enterprises can find ways to balance overall costs and help ensure their resources are being optimized for performance.

"IT professionals have what is in theory a simple mandate, to maintain and improve IT operations. But in the face of labor shortages, geographic disruptions, security threats, demand spikes, environmental pressures and more, we know that delivering on this mandate is anything but simple, in fact the complexity is only growing," said Dinesh Nirmal, General Manager, IBM Automation. "IBM's collaboration with Flexera adds to our automation portfolio and complements our strategic acquisitions of Turbonomic and Instana, as well as years of AI research and development to provide organizations with a one-stop shop of IT and business automation capabilities designed to meet these complex challenges."

"Through this collaboration, we have the opportunity to give customers a seamless experience using an AI-driven, technology value optimization solution," said Jim Ryan, President and CEO of Flexera. "Flexera and IBM are providing a dashboard with real-time insights and informed cost optimization. We can now help our customers right-size their software portfolio for today's complex IT environments, with applications deployed across multiple clouds, datacenters and architectures." 

In addition to the new integration with Turbonomic ARM, IBM is also launching Flexera One with IBM Observability to give organizations a comprehensive solution, backed by IBM support and service level agreements, to monitor and visualize their entire estate of software, applications and infrastructure across cloud and on-premises environments. Flexera One with IBM Observability will be available as a SaaS solution on March 18, 2022.

Additionally, IBM Software clients can now use the IT Asset Management component of Flexera One with IBM Observability or Flexera One from Flexera as a certified option to manage their software licenses from IBM alongside other vendors with a single solution.

Last year, IBM acquired Turbonomic to provide businesses with full stack application observability and management to assure performance, minimize costs and optimize resources – such as containers, VMs, servers, storage, networks, and databases. Organizations such as The Capita Group are using Turbonomic to ensure application performance.

"Turbonomic's automation platform allows us as a business to transform into a more agile service provider," said Jerry Aherne, Infrastructure Operations Manager, The Capita Group. "It has allowed us to make informed proactive decisions that ensure application performance is delivered first and foremost whilst also ensuring costs are kept to a minimum."

To learn more about today's announcement, please visit https://www.ibm.com/cloud/aiops.

Flexera is part of IBM's partner ecosystem, which positions partners of all types – whether they build on, service or resell IBM hybrid cloud and AI technologies and platforms – to help clients manage and modernize workloads.

About IBM:
For more information about IBM AI-powered automation, please visit https://www.ibm.com/cloud/automation.

About Flexera:
For more information about Flexera, please visit https://www.flexera.com.

Media Contact:
Hanna Smigala
IBM Media Relations
smigala@us.ibm.com
203-512-5497

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/ibm-announces-new-aiops-solutions-designed-to-automate-software-license-compliance-301502641.html

SOURCE IBM

FAQ

What new solutions did IBM announce on March 15, 2022?

IBM announced new AI-powered automation solutions in collaboration with Flexera to streamline IT asset management.

How does IBM's partnership with Flexera benefit enterprises?

The partnership aims to help enterprises reduce costs and automate software license compliance.

What percentage of IT budgets does the Flexera study report is spent on software?

According to the Flexera study, 34% of a typical IT spend budget is allocated to software and SaaS applications.

What is the launch date for Flexera One with IBM Observability?

Flexera One with IBM Observability is set to launch on March 18, 2022.

How does Turbonomic ARM help businesses manage applications?

Turbonomic ARM continuously monitors application performance and optimizes resource allocation across hybrid cloud environments.

International Business Machines Corporation

NYSE:IBM

IBM Rankings

IBM Latest News

IBM Stock Data

194.41B
923.47M
0.12%
62.74%
2.27%
Information Technology Services
Computer & Office Equipment
Link
United States of America
ARMONK