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Vector Networks’ new Vizor shines light on Shadow IT

ITAM innovator announces SaaS optimization and cloud lifecycle management in Spring 17 release of its solution, Vizor

May 24th 2017, Atlanta (USA), Montreal (Canada), and Birmingham (UK) – Vector Networks today announced SaaS optimization and cloud lifecycle management capabilities in its Spring 17 release of ITAM solution, Vizor (www.vizor.cloud).

The new release of Vizor complements existing software license management and asset lifecycle functionality with new features and processes for managing software subscriptions and the approval and provision of SaaS applications and cloud infrastructure.

New SaaS and Cloud discovery functionality monitors financial transactions so software purchases can firstly be discovered then managed. Single line items from invoices and credit cards can be tracked in Vizor with specific functionality for auto renewing SaaS subscriptions and reporting recurring costs at department and per employee basis.

Erick Yanez, Vector Networks’ CEO, states, “Analysts are predicting that subscription models of software procurement will overtake perpetual licensing and maintenance by 2019. We are seeing a growing number of our customers migrating to subscription-based licensing models for the majority of their software procurement already. Although cloud services pioneered this model, subscriptions for traditionally installed on-premises software are now the norm also.”

In addition to exposing current shadow IT SaaS and cloud subscriptions, the Vizor Spring 17 Release also contains functionality for controlling shadow IT and cloud sprawl going forward. Vizor’s Request Portal has been extended to support request and approval of SaaS applications like SalesForce and DocSign and cloud infrastructure services from Azure and AWS. Vizor’s Request Portal enables IT to meet the ever-changing demands of the business without closing the door to innovative new cloud solutions by empowering users and departments whilst keeping IT in control.

To combat cloud sprawl, Vizor manages the complete lifecycle of SaaS applications and cloud infrastructure. Onboarding and Offboarding functionality manages the provision and de-provision of SaaS and Cloud assets so they’re right-sized for the role of every employee and requirement of each project. Yanez, notes, “Organizations are overspending on SaaS subscriptions for ex-employees and cloud infrastructure such as virtual instances which are no longer required by the business. The Spring 17 Release of Vizor resolves these issues.”

The Spring 17 Release builds on top of Vizor’s existing IT and Software Asset Management platform with functionality specifically designed for the challenges faced by modern IT departments. Yanez concludes, “Vizor is uniquely positioned to manage all software expenditure whether incurred by cloud services or on-premises software. From computers and software discovered by Microsoft SCCM to a SaaS subscription or AWS Instance, the complete lifecycle and spend can be managed in Vizor.”

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