The Forrester Wave^TM: Hybrid Cloud Management, Q4 2022 is out, and we are pleased to announce that Micro Focus Hybrid Cloud Management X (HCMX) has been named a Leader, earning the highest designation possible in the Forrester report.

In light of our recent, hot-trending release of HCMX FinOps Express (focused solely on the cloud financial management capabilities of HCMX’s broader coverage), it is noteworthy that HCMX was recognized by customers interviewed for the Forrester report for its cloud cost-management capabilities—such as financial governance and workload scheduling.

We appreciate this recognition. HCMX delivers strong capabilities for managing cloud costs. By providing visibility and showback detail across clouds, it promotes a culture of financial responsibility and improves decision-making related to cloud spend. AI-powered recommendations help manage reservations and reduce the rate paid for public cloud services. And self-service guardrails for developers and engineers help to prevent reckless provisioning and costly cloud bill surprises. For example, an automated scheduler switches workload times on/off and scales resources up/down to match demand.

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In their report, Forrester noted that HCMX has superior capabilities in the following areas: workflow designers, configuration management, identity management, and access and permissions.

HCMX supports multiple lifecycle phases with a UI-friendly workflow designer that includes numerous templates for provisioning, maintenance, and Day 2 operations. HCMX also includes a blueprint designer for building hybrid cloud infrastructure and apps. Add in rich compliance features plus built-in systems for configuration management and orchestration, and you get a uniquely comprehensive approach for managing public and private clouds end to end, from a single point of control. With HCMX’s identity management and access and permissions capabilities, you can create and maintain digital identities for users—controlling their access to resources and specifying the actions they can perform based on those identities. The result is improved compliance, efficiency, and collaboration.

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At Micro Focus, we view HCMX as an essential product that merits significant financial investment and the focus of an experienced team of development engineers. We are honored that Forrester gave us the maximum possible points in the product vision and execution roadmap criteria.

We invite you to read the full Forrester report here, and get the most recent and trustworthy analyst insights on the topics of: 

• The role and importance of cloud management tooling.
• Cloud management trends.
• Detailed vendor evaluations with rankings.

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Want to learn more about HCMX FinOps? 

We invite you to try out our OpenText FinOps Fast-Track Program – free of charge. Our dedicated team is ready to support you on every step of your FinOps implementation. To apply, or to learn more about the program, contact us here, and we’ll get back to you shortly!

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• Kickstart your cloud savings with OpenText’s FinOps Fast-Track Program