InfraSight and Grid Dynamics Bring New Observability to IT Financial Management | Business

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CHARLOTTE, North Carolina and CALGARY, Alta .– (BUSINESS WIRE) – Dec. 2 2021–

InfraSight Software Corporation (InfraSight) and GRID Dynamics, Inc. (GRID) have agreed to integrate InfraSight’s InfraSight technology with financial planning and analysis (FP&A) and enterprise performance management (EPM) solutions. GRID.

Inframeter ™, a financial observability IT platform:

  • Works on hybrid and multi-cloud IT investments;
  • Measure disparate compute, graphics, network and storage resources;
  • Calculates Infrascore ™, a metric that represents the collective cost of IT work;
  • Analyze historical and current data to improve IT forecasting, budgeting and resource allocation;
  • Allows developers to extend its functionality through an open API.

“This partnership brings together complementary platforms to deliver greater transparency and more efficient IT budgeting and execution for organizations across the enterprise,” said Tim Martin, co-founder and CEO of InfraSight . “The added value of GRID is exceptional, and with GRID, Inframeter is now available in new markets, including Canada. “

EPM simplification and operational leverage

GRID’s portfolio of FP&A and EPM solutions enables finance professionals to simplify business planning and budgeting through browser-based interfaces and Microsoft Excel while taking advantage of AI and advanced analytics. GRID’s approach focuses on establishing functional Key Performance Indicators (KPIs) and integrating datasets to create a single, comprehensive source of truth for financial and operational data.

For customers, the integration of Inframeter ™ and GRID technological solutions:

  • Facilitates in-depth visibility and analysis of IT infrastructure consumption costs for CTOs and CIOs, while simplifying cost management for CFOs;
  • Help decision makers to better rationalize spending across disparate IT investments;
  • Integrates FinOps budgeting and planning with other traditional financial management practices available with broad scope EPM solutions.

“By overlaying detailed on-premise and cloud consumption statistics with financial data, this solution gives customers new insights they desperately need,” said Rick Clazie, Managing Director of GRID Dynamics.

“For many businesses, managing infrastructure costs is a very responsive process with adjustments made only after costs have been incurred, often with huge overruns,” says Clazie. “Now we can proactively help customers understand how and where usage affects spend. “

GRID has Inframeter ™ certified professionals on staff and deploys the integrated solution for customers. Contact [email protected] or [email protected] for more details.

InfraSight Software Corporation

Based in Charlotte, North Carolina, InfraSight is the developer of Inframeter ™, an IT financial observability platform. Inframeter ™ facilitates visibility into the costs of IT workloads and provides business leaders with information they can trust to make confident financial decisions. The Inframeter ™ platform includes an intuitive executive dashboard and an open API allowing developers to extend its functionality and deliver actionable business results.

Visit: www.infrasightsoftware.com

GRID Dynamics, Inc.

Based in Calgary, Alberta, Canada, GRID Dynamics was founded in 2005 and creates tailored financial planning and analysis (FP&A) and business performance management (EPM) solutions for all sizes of organizations. GRID helps organizations gain critical insight into their organizational performance, by designing and mapping KPIs to business goals, streamlining and facilitating access to critical operating data, and facilitating planning scenarios.

Visit: www.grid-dynamics.com

See the source version on businesswire.com: https://www.businesswire.com/news/home/20211202005535/en/

CONTACT: Roger Strukhoff

(704) 728-0528

[email protected]

KEYWORD: UNITED STATES NORTH AMERICA CANADA NORTH CAROLINA

INDUSTRY KEYWORD: TECHNOLOGY FINANCE OTHER TECHNOLOGY ACCOUNTING PROFESSIONAL SERVICES SOFTWARE INTERNET NETWORKS DATA MANAGEMENT OTHER PROFESSIONAL SERVICES

SOURCE: InfraSight Software Corporation

Copyright Business Wire 2021.

PUB: 12/02/2021 10:45 a.m. / DISC: 12/02/2021 10:46 a.m.

http://www.businesswire.com/news/home/20211202005535/en

Copyright Business Wire 2021.


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