Story image

ServiceNow acquires SaaS management company VendorHawk

30 Apr 18

ServiceNow has agreed to acquire US-based SaaS management startup VendorHawk in an all‑cash transaction expected to close this month.

ServiceNow says the acquisitions will facilitate the rapid expansion of its software asset capabilities, helping customers drive digital transformation by providing transparency into software license utilisation and costs.

ServiceNow managing director for A/NZ David Oakley says, “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.

“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.”

VendorHawk’s platform is designed to help customers discover, track, rationalise and optimise SaaS subscriptions across their organisation through a unified view.

Marketed as the ‘software that manages your software’, the company says it addresses the issue of organisations overbuying and auto-renewing underutilised software.

ServiceNow says this ability -  to manage on-premises and SaaS assets - plays a crucial role at a time when companies are modernising their software infrastructure.

VendorHawk CEO Patrick Lowndes says his company will add valuable capability to the ServiceNow portfolio.

“We have focused on providing customers with the ability to discover and manage thousands of instances of SaaS assets across an organisation,” Lowndes says.

“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.”

VendorHawk supports over 36,000 SaaS applications, working to discover spend and map redundant applications.

The platform also analyses utilisation and optimises SaaS subscriptions for applications such as Salesforce, Box and Google G-Suite.

VendorHawk will be added to the Now Platform and offered as part of a ServiceNow Software Asset Management release in 2019.

Royole's FlexPai: So bendable phablets are a reality now
A US-based firm called Royole is delivering on that age-old problem of not being able to fold up your devices (who hasn't ever wished they could fold their phone up...)
How to leverage cloud for data-driven business ops
The next gen of cloud-based data platform services are flexible and cost-effective so even small organisations can unlock data insights.
What MSPs can learn from Datto’s Channel Ransomware Report
While there have been less high profile attacks making the headlines, the frequency of attacks is, in fact, increasing.
Cisco expands security capabilities of SD­-WAN portfolio
Until now, SD-­WAN solutions have forced IT to choose between application experience or security.
IDC - Global digital transformation spend to near $2T by 2022
Hardware and services spending will account for more than 75% of all DX spending in 2019.
AlgoSec delivers native security management for Azure Firewall
AlgoSec’s new solution will allow a central management capability for Azure Firewall, Microsoft's new cloud-native firewall-as-a-service.
Gartner - Global RPA spending hitting its stride
The biggest adopters of RPA today include banks, insurance companies, utilities and telecommunications companies.
Zebra finds 10x increase in intelligent APAC enterprises
Second annual survey reveals increased IoT investment, real-time data sharing and front-line empowerment.