ISG, a leading global research and advisory firm, recently published its 2024 edition of the ISG Provider Lens™: Public Cloud – Solutions & Services, Multicloud FinOps Platforms. The report assessed 24 of the top FinOps solutions in the market.
The quadrant classifies solutions into four categories: Leaders, Product Challengers, Market Challengers, and Contenders. In the report, ISG provides their observations of the leading solutions in the market.
How Ternary compares
The ISG Provider Lens positions vendors relative to two dimensions: Portfolio Attractiveness and Competitive Strength.
Portfolio Attractiveness is based on:
- The breadth and depth of the solution
- Portfolio quality (technology and security)
- Strategy and vision
- Local characteristics (support and infrastructure)
Competitive Strength is measured by:
- Market position (revenues, growth, etc.)
- Brand reputation
- Core competencies (ecosystem, business model, etc.)
- Go-to-market strategy
Additionally, the assessment includes direct feedback from customers and partners.
Shashank Rajmane, Principal Analyst at ISG, noted: “Ternary takes an API-first approach and offers precise multi-cloud forecasting, cloud cost transparency, and improved cost efficiency while fostering collaboration across teams to drive financial accountability and operational value.”
At Ternary, we are proud to be recognized as a Leader in multi-cloud FinOps platforms. This recognition speaks to the strength of our platform and the trust we’ve earned from our customers and partners.
To learn more about Ternary’s placement in the ISG Provider Lens, download your complimentary copy today.