Snow launches Snow Cloud Discovery to provide unrivaled visibility of SaaS and IaaS usage and spend

Stockholm, September 28, 2017 – Snow Software, the global leader in Software Asset Management (SAM) and Cloud Spend Management solutions, today announced the launch of Snow Cloud Discovery, which brings unrivalled visibility into Software-as-a-Service (SaaS) application and Infrastructure-as-a-Service (IaaS) environment usage to empower organizations to optimize their cloud spend.

Cloud adoption is increasing at a colossal pace, with Gartner[1] projecting worldwide public cloud services market will grow 18 percent to $246.8 billion in 2017, with estimates for IaaS and SaaS to grow 36.8 percent and 20.1 percent respectively this year.

With this burgeoning utilization of cloud computing, it is essential that CIOs have a handle on how the IT budget is being used in order to capitalize on the potential to optimize cloud assets, identify wasted spend and accurately forecast future costs.

Snow Cloud Discovery provides an integrated view of SaaS applications and IaaS environments giving insight into usage at an organizational and user level. IT leaders have actionable intelligence on which to effectively manage their entire IT estate and take advantage of cloud, to innovate and advance digital business transformation, without risk of unnecessary overspend.

With Snow Cloud Discovery organizations can:






According to Gartner[2]: “Business unit IT spending will increase to 50% of enterprise IT spending for individual enterprises, with a strong focus on, or aspiration for, digital business transformation.”

“IT is increasingly being cut out of the decision-making and budgeting processes and this is being exacerbated by digital transformation projects,” says Peter Björkman, CTO of Snow Software. “CIOs and IT leaders are feeling marginalized and their relationship with the rest of the business has changed irreversibly. Snow’s deep analytical capabilities provides insight into all technology usage, including that of business units, enabling IT leaders to efficiently manage and allocate technology budgets to support organizational goals.”

Cloud spend is spiralling out of control in many organizations, with CIOs and CFOs unable to identify wasted spend, optimize existing assets, or accurately plan for future costs. Complete visibility of all applications is essential to support an already-overburdened IT office if they are to get a handle on cloud spend within their business.

With this visibility IT leaders can influence how the organization and business units consume software, driving substantial cost savings, efficiency gains and preventing security risks.

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[1] Gartner Says Worldwide Public Cloud Services Market to Grow 18 Percent in 2017, February 2017.

[2] Gartner, Top Challenges and Must Do’s for Technology Sourcing, Procurement and Vendor Management Leaders in 2017, 06 December 2016.