Continous IT Tools Rationalization

Know what your tools costs and how well they meet your needs

RedMonocle puts meaningful analytics into the hands of decision makers

Maximize return on your portfolio of IT management tools without heavy investment of time, talent, or treasure. Where is your money going? Are you spending it wisely?

1
Track Your Entire IT Tool Portfolio

RedMonocle is the only solution that provides a proprietary Knowledge Base of all the tools in the infrastructure, operations, and security markets, as well as a standard dataset of capabilities that allows you to build and manage your tools portfolio in hours—instead of weeks or months.

2
Everything You Need to Know in One Place

At a glance, you can answer the question: Are the tools I have the right ones for me? Red Monocle puts everything you need to know right at your fingertips, so you can automatically track and manage your entire IT tool portfolio across your enterprise.

3
Know Which Tools Are Putting You at Risk

You can quickly see product risk ratings, identify non-current versions of products and assess how far from “market” your versions are, and recognize security holes and critical vulnerabilities in deployed tools.

4
See What Your Tools Are Costing You

You can see all the products in your portfolio, including what versions you have and how much you're spending on them. Gain insights and recommendations for your IT tools portfolio so you can invest in tools that will deliver maximum value. Make informed decisions about when to divest tools, and save up to 15% of tool costs.

5
Discover Where You Have Gaps & Overlaps

With RedMonocle, you can identify where are you over-invested or over-weighted. You can also quickly spot opportunities to eliminate tool redundancies and identify and resolve gaps in coverage.

6
Understand How Well They Meet Your Needs

Gain real-time insights into the full capabilities of your deployed tools. Assess how well your tools are meeting your needs and how effectively they’re being used. With these insights, you can better align your investments in tools with current and emerging needs.

7
Pinpoint Actions to Optimize Your Portfolio

Gain real-time recommendations about where you should be spending your time and money. Similar to managing your financial investment portfolio, RedMonocle’s powerful Tools Recommendation Engine lets you instantly see which tools to KEEP…INVEST… RETIRE…REPLACE…CONSOLIDATE.

1 Track Your Entire IT Tool Portfolio

RedMonocle is the only solution that provides a proprietary Knowledge Base of all the tools in the infrastructure, operations, and security markets, as well as a standard dataset of capabilities that allows you to build and manage your tools portfolio in hours—instead of weeks or months.

2 Everything You Need to Know in One Place

At a glance, you can answer the question: Are the tools I have the right ones for me? Red Monocle puts everything you need to know right at your fingertips, so you can automatically track and manage your entire IT tool portfolio across your enterprise.

3 Know Which Tools Are Putting You at Risk

You can quickly see product risk ratings, identify non-current versions of products and assess how far from “market” your versions are, and recognize security holes and critical vulnerabilities in deployed tools.

4 See What Your Tools Are Costing You

You can see all the products in your portfolio, including what versions you have and how much you're spending on them. Gain insights and recommendations for your IT tools portfolio so you can invest in tools that will deliver maximum value. Make informed decisions about when to divest tools, and save up to 15% of tool costs.

5 Discover Where You Have Gaps & Overlaps

With RedMonocle, you can identify where are you over-invested or over-weighted. You can also quickly spot opportunities to eliminate tool redundancies and identify and resolve gaps in coverage.

6 Understand How Well They Meet Your Needs

Gain real-time insights into the full capabilities of your deployed tools. Assess how well your tools are meeting your needs and how effectively they’re being used. With these insights, you can better align your investments in tools with current and emerging needs.

7 Pinpoint Actions to Optimize Your Portfolio

Gain real-time recommendations about where you should be spending your time and money. Similar to managing your financial investment portfolio, RedMonocle’s powerful Tools Recommendation Engine lets you instantly see which tools to KEEP…INVEST… RETIRE…REPLACE…CONSOLIDATE.

Proprietary Knowledge Base

Access a proprietary knowledge base to make the right decisions at the right time about strategic IT investments, identify opportunities for improvement, and prepare for digital transformation.

Cost

Annual Portfolio Spend

What are your IT tools costing you? Are you paying for redundancies and for things you don’t use?

$9,524,000

Annual Portfolio Spend

Capacity

Ability to deliver requirements

Do the tools you own correlate to the requirements you have? How well do they meet your requirements?

61%

Ability to deliver requirements

Coverage

Scope of product deployment

Is the functionality of the tool being utilized to its full potential? Where are you underutilizing and overspending?

94%

Scope of product deployment

Complete Visibility

Gain a real-time, 360° view into your investments in IT tools and the business value they deliver. Quickly spot security holes and critical vulnerabilities in deployed tools.

Frictionless, automated platform to manage your technology portfolio

Integrated, end-to-end view of all IT tools across your enterprise

Dashboard to monitor/track at a glance: tool costs, redundancies, and utilization

Evergreen view of your Product Maturity Index: Invest, Maintain, Divest, Investigate

At-a-glance view of Product Risk Ratings and top IT tools that are putting your enterprise at risk

Always accurate and up to date