RedMonocle™: A unique software portfolio management solution
In 2012, Sean McDermott founded RedMonocle. The RedMonocle solution enables companies to effectively manage IT software product sprawl. This enterprise-grade SaaS is implemented by IT organizations that typically have +100 products in their portfolio and expend more than $10 million in software budget.
Legacy of Success
Prior to the founding of RedMonocle, Sean founded RealOps, Inc., the pioneer in enterprise management Run Book Automation solutions (2004). RealOps was acquired by BMC Software in July 2007, representing one of the most successful enterprise management software acquisitions of the year.
About the Solution
The RedMonocle™ Knowledge Base of software products dynamically tracks the offerings from +100 software vendors and provides technical information for more than 600 products. This information includes vendor-supplied specifications and drills down into the function and subfunction layers. A normalized taxonomy of software product capabilities is derived through a combination of market, customer, and SME-based information sources.
Analytics-Driven Portfolio Adjustments
RedMonocle delivers a KPI-based analytics dashboard to display metrics such as software tool deployment scope, usage profile, cost, and product versions. Portfolio efficiency and optimization recommendations are also visualized through the dashboard. Risk factors, including out-of-date product version issues and inadequate software functionality, can be identified in real time.
Software Budget Savings
Our clients indicate a budget savings of up to 15% through the adjustment of software usage and downstream product licensing fees. This savings can total to more than $1 million to $3 million in savings, annually, within enterprise IT environments.
Explanatory Video | Demo Available
Please visit our website: www.RedMonocle.com. Our team has prepared an explanatory video and demo.
Company Details
- Employees
- 1
- Founded
- -
- Address
- 2291 Wood Oak Drive,
- Phone
- +1 833-666-6253
- he****@****cle.com
- Industry
- Software Development
- NAICS
-
Software Publishers
- Website
- redmonocle.com
- Keywords
- application help, help system, knowledge base, user guide, user documentation, cybersecurity, CRQ.
- HQ
- Herndon, VA
Redmonocle Questions
Redmonocle's helpline number is +1 833-666-6253
Redmonocle's website is redmonocle.com
Redmonocle's LinkedIn profile is https://www.linkedin.com/company/redmonocle
Redmonocle has
1 employees.
View email and phone details for 1
employees at Redmonocle.
Redmonocle's industry is
Software Development
Redmonocle's top competitors are
Zix,
The Website Developer,
Bento Biology Platforms,
Learn It Together,
Warp,
Black Kite,
Lumienergy,
Warp,
Standoutt,
Infinitive.
Redmonocle's support email address is hello@redmonocle.com
Redmonocle's categories are Software Development
Redmonocle's founding year is 2018
