Flexera has just announced that on September 7, we signed an agreement to acquire Mountain View, CA-based BDNA. Why is this such a great fit for Flexera?
Software Asset Management, IT Service Management, IT Financial Management and Software Vulnerability Management solutions (and others) are essential tools to help companies solve business problems. But it’s the data used by those applications that ultimately powers the software ecosystem. We’re bringing together two leaders with a shared vision of how technology asset data can transform the entire software industry. As a result, Flexera will have the largest repository of decision-support data available to any organization running commercial and open source software, including applications powering IoT devices. Furthermore, Flexera now has the world’s largest database of security-specific data relating to software and devices. Even if an organization has invested in a Software Asset Management (SAM), Open Source or Security application not developed by Flexera – our software and hardware asset data will dramatically increase the ROI that organizations will get from their investment.
Technology Asset Intelligence Fuels Better Decision-Making
Every day, executives rely on multiple software solutions, such as the ones listed above, to make business decisions. But the technology asset data feeding these solutions often is incomplete and inaccurate, resulting in poor output data quality. Also, because these software tools don’t speak a common “data language,” they’re siloed, making it difficult to share information. This impedes collaboration, sound decision-making, and ultimately it reduces the ROI companies realize from those software investments.
This software supply chain dysfunction is no longer acceptable. To succeed today, executives have to be business-ready. They have to be able to make faster business decisions wherever they are, whenever needed, leveraging any software solution they use. So, the data powering their software must be up to date, reliable, comprehensive, and speak a common language.
Flexera and BDNA understand better than anyone else the key role technology asset intelligence plays in executive decision-support. We’ve both built our businesses on a foundation of data. We both combine broad and rich technology asset data with best-in-class automation and analytics. We both solve the most complicated software and hardware management challenges organizations face.
The World’s Largest Technology Asset Data Platform
Flexera is an established leader in curating technology asset data. Flexera’s Nexus data cloud and software intelligence repository sit at the heart of its data strategy. Built and maintained by teams of expert, subject-matter researchers, it’s the industry’s most comprehensive software asset, vulnerability and open source repository – containing more than 150 million software and hardware asset data points.
Our data cloud harnesses the only software supplier/software buyer partnership in the industry. Software suppliers and Internet of Things (IoT) companies contribute asset data about their products directly to our data cloud – deepening its depth and breadth. This data, in turn, powers our own market-leading SAM, Software Vulnerability Management and Software Composition Analysis solutions. The repository is also built on an open platform, so other solution providers and system integrators can access our data to power their own solutions.
BDNA has also built a world-class reputation in technology asset data. Their Technopedia data repository categorizes and aligns product technology information allowing organizations to speak a common language and make better decisions. It includes more than 2 million products and 180 million data points on enterprise hardware, software, IoT, open source, product lifecycle, vulnerabilities and more.
But, simply having the largest technology asset data repository isn’t enough. Since data “atrophies” very quickly if left untouched, it’s vital to develop the people, tools and methods to ensure data is kept current. BDNA has refined the processes for creating, managing and curating Technopedia at market velocities, performing over 2,500 daily updates. BDNA provides industry-leading Service Level Agreements (SLAs) to guarantee its customers have the most up to date, highest-quality data. Together BDNA’s and Flexera’s data teams are unrivaled.
By combining forces with BDNA, we will have, by far, the largest, most accurate and up to date technology asset data platform in the world. We are the ‘Rosetta Stone’ delivering a common data language capable of powering many types of enterprise applications today as well as emerging applications tomorrow.