Productiv Recognized by GigaOm as a Leader in SaaS Management and Has Been Listed in 4 Gartner® Hype Cycle™ Reports
As further validation of Productiv’s leadership position in SaaS Management, it has been recently recognized as a SaaS Management Platform (SMP) market leader by GigaOm.
GigaOm names Productiv a Leader and Fast Mover
GigaOm is a technology research firm that publishes a variety of reports to help businesses better understand the latest technologies to make more informed decisions. GigaOm Radar reports break down technologies and products across key criteria and evaluation factors to provide insight into specific solution spaces.
In the first-ever Radar Report for SaaS Management Platforms, GigaOm listed Productiv as a Leader and Fast Mover with exceptional spend management and contract renewal management capabilities. Unlike other quadrant-based comparison charts, the Radar positions vendors on a series of rings to show their positioning. The dark gray inner ring — where Productiv is positioned — is reserved for Leaders.
This recognition affirms the Productiv SaaS Intelligence™ platform and its employee-centric, data-driven approach, which combines billions of employee app usage data-points with vendor contract and organizational data. This enables teams to easily come together to reduce risk exposure, manage SaaS renewals, and rationalize SaaS portfolios with automated workflows.
GigaOm defined full-featured SMPs as ones that enable a cross-functional, integrated SaaS application operating model that provides several benefits, including:
- Visibility of SaaS application usage, spend, security risks, and entitlements
- Seamless integration for discovering and managing applications
- Cost savings from reducing underutilized and redundant applications
- Operational efficiencies and governance enabled by automated workflows and low-code development tools
- On-time contract renewals with optimized entitlements aligned to application usage
- Reduced security risks through discovery and remediation of unauthorized applications and exposed sensitive data
- Continuous improvement enabled by insights, recommendations, benchmarks, and machine learning (ML)
- Increased user engagement, productivity, and satisfaction through use of an application catalog, along with sentiment surveys, intelligent provisioning recommendations, and collaboration analytics
Multiple vendors were analyzed for this report, in which Productiv stood out as a Leader. This was due, in part, to our strong capabilities in the areas highlighted below.
Productiv recognized as exceptional for spend management and contract renewal management
The report highlights Productiv as an SMP that provides “deep intelligence regarding SaaS application spend and contract renewal management, helping to optimize overall spend” and that “recommendations and benchmarks drive cost savings when analyzing granular usage and cost data.” As a result, Productiv received the highest score of exceptional for “spend management” and “contract renewal management.”
Productiv rated highly for capabilities related to greater discovery and app visibility
Productiv is the only vendor to be listed for security operations integration, an emerging technology. Productiv integrates with cloud access security brokers (CASB) for application discovery.
Gartner names Productiv in 4 Hype Cycles for 2022
Productiv was recognized in the SaaS management platforms (SMP) category in the Gartner Hype Cycle for Midsize Enterprises, 2022; Hype Cycle for Digital Workplace Infrastructure and Operations, 2022; and Hype Cycle for I&O Automation, 2022. Additionally, Productiv was recognized in the SaaS operations (SaaSOps) category in the Gartner Hype Cycle for Cloud Computing, 2022. Hype Cycles provide clients with an overview and graphical depiction of the relative maturity of technologies and innovations in a specific area, offering a simple way to understand and communicate the complex issues related to maturing innovations and their associated benefits.
SaaS management platform category
Gartner defines SMP in its report Hype Cycle for Digital Workplace Infrastructure and Operations, 2022 as providing “central admin console capabilities to discover, manage, automate, optimize and govern SaaS used by employees.”* On the importance of SMP, the report says, “As SaaS adoption accelerates, many IT leaders are challenged with discovering and supporting SaaS in accordance with company, market or geographic policy and regulations.”*
Since many SaaS applications are purchased outside IT, Productiv aligns IT, procurement, finance, and business leaders with trusted data to proactively govern, optimize spend, and drive operational efficiency while increasing employee engagement across SaaS applications.
Here are the links to the Gartner Hype Cycles where Productiv was listed (Gartner subscription required):
- Gartner Hype Cycle for Digital Workplace Infrastructure and Operations, 2022
- Gartner Hype Cycle for Midsize Enterprises, 2022
- Gartner Hype Cycle for I&O Automation, 2022
SaaS operations category
Gartner uses SaaSOps in its report Hype Cycle for Cloud Computing, 2022 to describe “the operational aspects of end users that use SaaS applications in the cloud, and those that deploy their own software in the cloud and want to operate the software like a SaaS provider.”**
In addition to pre-built integrations for HR, finance, expenses, contracts, and employee app usage, Productiv provides APIs for integrating custom applications into the SaaS Intelligence™ Platform and for programmatically accessing Productiv data and insights to drive clarity and decision making.
Here is a link to the Gartner Hype Cycle where Productiv was listed (Gartner subscription required):
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Gartner Hype Cycle for Digital Workplace Infrastructure and Operations, 2022 (21 July 2022)* | Gartner Hype Cycle for Midsize Enterprises, 2022 (11 July 2022) | Gartner Hype Cycle for I&O Automation, 2022 (27 July 2022) | Gartner Hype Cycle for Cloud Computing, 2022 (12 July 2022)**
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