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Chicago, IL, July 22, 2024 – CloudNuro, a recognized leader in SaaS Management Platforms, is proud to announce that it has been cited as an Honorable Mention in the 2024 Gartner® Magic Quadrant™ for SaaS Management Platforms. This recognition is a significant milestone for CloudNuro and underscores our commitment to tackling common SaaS sprawl and governance challenges.
Gartner defines SaaS management platforms (SMPs) as software tools that help organizations discover, manage, optimize, and automate the SaaS application life cycle from one centralized console. Core SMP capabilities include discovery, cost optimization, employee self-service via an application store, insights to increase adoption, and automation of onboarding/offboarding activities.
Gartner emphasizes that "through 2027, organizations that fail to attain centralized visibility and coordinate SaaS life cycles will overspend on SaaS by at least 25% due to unused entitlements and unnecessary overlapping tools" This recognition underscores the importance of our mission to help organizations manage their SaaS investments effectively.
“We are proud to be included as an Honorable Mention in the 2024 Gartner® Magic Quadrant™ for SaaS Management Platforms. The CloudNuro SaaS management platform uniquely combines FinOps with SaaSOps to deliver unparalleled visibility across the Cloud and SaaS. Our solution is designed to increase operational efficiency, reduce shadow IT risks, improve governance, and enhance compliance. Customers using the CloudNuro platform have gained unparalleled, continuous oversight of their entire Cloud and SaaS landscape.” said Pratul Patel, co-founder and CPO, CloudNuro.
CloudNuro is the only full-suite platform that manages and governs the entire SaaS, PaaS, and IaaS through a single pane. CloudNuro has continued to lead the SaaS management platform market and has been recognized by Info-Tech SoftwareReviews as a leader in the SaaS Management Data Quadrant.
For more information, refer to the Gartner Market Guide here.
CloudNuro.AI is a next-generation SaaS company focused on bringing artificial intelligence and machine learning to SaaS operations and management. We optimize SaaS spending, improve security and compliance, develop insights, and maximize ROI for SaaS investments. CloudNuro offers a central point from which software administrators can manage application access for users and teams, licensing, spending, IT workflows, integration, data and access security, SaaS-related process automation, and policy compliance, while also discovering the growing stack of SaaS applications.
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Gartner Magic Quadrant reports are known for their comprehensive, evidence-based research that provides a snapshot of provider positions in high-growth markets. These reports offer visual snapshots, in-depth analyses, and actionable advice, giving insight into a market direction, maturity, and participants. Magic Quadrants compare vendors based on Gartner & standard criteria and methodology, with a two-dimensional matrix evaluating vendors on their Completeness of Vision and Ability to Execute.