Information Services Group (ISG), a global technology research and advisory firm, has released its 2025 ISG Provider Lens® for Multi Public Cloud Solutions, FinOps Platforms. The report evaluates 24 leading FinOps platforms, assessing their product capabilities, market strength, and ability to support modern multi-cloud environments.

In this blog, we’ll briefly explain what the ISG Provider Lens is, why it matters, and what Ternary’s 2025 Leader recognition means for organizations evaluating FinOps platforms.

Understanding the ISG Provider Lens quadrants

The ISG Provider Lens positions vendors across four quadrants based on portfolio attractiveness and competitive strength:

  • Leaders. Platforms with strong capabilities and broad enterprise adoption, designed for complex multi-cloud environments.
  • Product Challengers. Solutions with deep and differentiated functionality that continue to invest heavily in FinOps innovation.
  • Market Challengers. Vendors with solid market traction and visibility, offering reliable FinOps capabilities.
  • Contenders. Emerging or focused solutions addressing specific FinOps needs or earlier-stage requirements.

How Ternary compares

Ternary was named one of six Leaders in the 2025 ISG Provider Lens®, marking the second consecutive year of recognition as a leading FinOps platform.

According to Shashank Rajmane, Principal Analyst at ISG:

Ternary’s solution is specifically designed as a multicloud FinOps platform that supports all major hyperscalers, offering a single source of truth based standardized reporting and deep integration, allowing for workload specific optimization.

ISG Provider Lens 2025

Why this recognition matters

FinOps platforms are more than tools. They have become foundational infrastructure for how organizations govern cloud and technology spend.

Recognition from firms like ISG signals that a platform:

  • Has been evaluated against real enterprise requirements
  • Demonstrates technical and operational maturity
  • Continues to innovate in response to evolving FinOps needs

For organizations navigating rapid cloud growth and increasing financial scrutiny, this independent validation provides critical confidence in platform selection.

Learn more about Ternary’s placement.

Download the report