Ternary vs. Flexera
Ready for a modern FinOps solution?
While Flexera is most well-known for its IT Asset Management capabilities, it has been in the cost management space since acquiring Rightscale in 2018. Recently, Flexera announced plans to acquire the Spot by NetApp portfolio, including CloudCheckr. This move aims to strengthen Flexera’s FinOps capabilities, particularly in Kubernetes monitoring and the MSP FinOps space. In contrast, Ternary is a FinOps-native platform offering agentless Kubernetes monitoring and a proven track record of successful MSP partnerships. Below, you can compare the key features of Ternary vs. Flexera.
Flexera
BUSINESS OVERVIEW
Headquarters
San Mateo, California, U.S.
Itasca, Illinois, U.S.
Relationship with the FinOps Foundation
FinOps Foundation Premier Member
FinOps Foundation Premier Member
Cloud spend under management
$7.5B+
Not disclosed.
PLATFORM
Deployment method(s)
SaaS and Self-Hosted
SaaS
Built for
FinOps teams, Finance, Engineering, and MSPs
IT Asset Managers, FinOps teams, Engineering, and MSPs
Multi-cloud support
PARTNER
Customer management
Website mention lacks documentation.
Partner billing rules engine
Website mention lacks documentation.
MSP-level dashboard
No supporting documentation available.
FEATURES
Budget management
Anomaly detection
Custom reporting and dashboards
Reporting is a weaker area based on customer feedback. Source: GigaOm Radar Report for Cloud FinOps
Unit economics
No supporting documentation available.
Kubernetes optimization recommendations
Industry news suggests that Flexera is acquiring Spot by NetApp to augment its Kubernetes capabilities.
Commitment-based discount management
Shows existing coverage, but it’s unclear if purchase modeling is available based on the lack of documentation.
PRICING
Offering type
Single product
Flexera One consists of multiple integrated (but individually packaged) modules: IT Visibility, IT Asset Management, FinOps, and SaaS Management.
Subscription model
Fixed rate based on annual
cloud spend.
Flexera’s FinOps/Cloud Cost Optimization offering is based on a simple flat fee per year, according to a customer’s public cloud spend. Discounting is available as part of multi-product bundling options.
Ternary recognized as a Leader in FinOps
ISG Provider Lens™ for Multicloud FinOps Platforms
Learn more about Ternary’s placement as a Leader.
Everest Group’s FinOps Cloud Cost Management PEAK Matrix® Assessment 2024
Discover why Ternary was recognized as a Leader.
GigaOm Radar Report for Cloud FinOps
Learn more about Ternary’s placement as a Leader and Outperformer.