VendorHawk optimises customer SaaS usage, provides transparency, supports digital transformation
ServiceNow, Inc. has announced it has agreed to acquire Seattle‑based VendorHawk, a leader in Software‑as‑a‑Service (SaaS) management, in an all‑cash transaction expected to close this month.
With VendorHawk, ServiceNow is rapidly expanding its capabilities in software asset management to help customers drive digital transformation by providing transparency into software license utilisation and costs.
Millions of dollars are spent on under-utilised software, and CIOs spend time worrying about minimising risk from software compliance audits. The ability to manage on‑premises and SaaS assets as companies modernise their software infrastructure is a critical element of successful digital transformation. With the growing momentum of cloud software, SaaS subscriptions can rapidly inundate an organisation, often by-passing a company’s IT organisation.
VendorHawk cloud solution helps customers discover, rationalise and optimise SaaS subscriptions across their organisation. VendorHawk has broad support for over 36,000 SaaS applications to discover spend and map redundant applications. VendorHawk also analyses utilisation and optimises SaaS subscriptions for top applications such as Salesforce, Box and Google G‑Suite.
The addition of VendorHawk’s deep expertise in managing SaaS usage and redundancy enhances the current ServiceNow Software Asset Management offering and brings new capabilities in SaaS spend and vendor management. VendorHawk will be added to the Now Platform and offered as part of a ServiceNow Software Asset Management release in 2019.
“Adding VendorHawk’s capabilities to our Software Asset Management service strengthens ServiceNow’s unique value, bringing together essential capabilities into a single, comprehensive platform that greatly improves efficiency while still supporting the employee experience,” said Farrell Hough, general manager, ServiceNow.
“Having a real‑time view of all software assets is critical for our customers to consciously rationalise and optimise software spend as they digitally transform.”
“We have focused on providing customers with the ability to discover and manage thousands of instances of SaaS assets across an organisation,” said Patrick Lowndes, CEO, VendorHawk. “By adding this capability to their comprehensive platform ServiceNow continues to drive tremendous value to their customers, providing visibility about SaaS that leads to action.”
ServiceNow Software Asset Management helps:
- Automate asset management with real‑time views across the entire organisation
- Minimise software compliance exposure
- Optimise existing software assets
- Eliminate unnecessary and under-utilised assets
