Company:Snow Software
| Type | Technology company |
|---|---|
| Founded | 1997 |
| Headquarters | Stockholm , Sweden |
| Website | snowsoftware.com |
Snow Software is an international software asset management company based in Stockholm, Sweden.[1]
History
Founded in 1997 as a privately funded tech company, Snow Software eventually expanded to North America where it established regional headquarters in Austin, Texas in 2015.[2]
In April 2017, it was announced that Snow Software received a $120 million investment from a Silicon Valley-based, private equity firm and the Canada-based Ontario Pension Board. As part of the deal two managing directors from the private equity firm joined the Snow board of directors.[3][4]
In May 2017, Snow launched a software asset management product for Microsoft Office 365, intended to give Office 365 users the ability to better manage Microsoft licensing across desktop, cloud and mobile.[5]
By June 2017, Snow Software grew to a team of around 700 employees and it was revealed that Britain's biggest car manufacturer, Jaguar Land Rover had been a customer for two years.[6]
In September 2017, the company was noted for releasing its Snow Cloud Discovery solution, which was created to help enterprise businesses manage data flows between mobile, on-premise and cloud environments. [7]
In November 2017, Snow was listed as one of the Top Small Employers in the Austin area by the Austin American-Statesman.[8]
In 2018, Snow Software partnered with German IT service provider Akquinet to prepare users for SAP licensing changes.[9]
On December 3, 2019 Snow acquired Ottawa, ON, Canada-based hybrid cloud management company Embotics for an undisclosed amount.[10]
In 2020, the company was listed as one of the leaders in the Gartner Magic Quadrant for Software Asset Management Tools, and in December 2021 was listed on Solutions Review's 'The 12 Best Cloud Management Software, Platforms and Tools for 2022'. [11][12] The same year, CRN listed Snow Software as one of the '20 Coolest Cloud Monitoring And Management Companies' of the Forbes Cloud 100.[13]
See also
References
- ↑ "Snow Software moves to Solna Business Park". 2017-01-09. https://www.property-magazine.eu/snow-software-moves-to-solna-business-park-40760.html.
- ↑ Wistrom, Brent (2017-02-02). "Why Sweden's Snow Software Put Its U.S. Outpost in Austin". https://www.bizjournals.com/austin/inno/stories/news/2017/02/02/why-swedens-snow-software-put-its-us-outpost-in.html.
- ↑ Anderson, Will (2017-04-28). "Austin software firm has $120 million to grow with support from new minority backers". https://www.bizjournals.com/austin/news/2017/04/28/austin-software-firmhas-120-million-to-grow-with.html.
- ↑ "Ontario Pension Board, Sumeru invest $120m in Snow Software". 2017-04-27. https://www.altassets.net/private-equity-news/by-news-type/deal-news/ontario-pension-board-sumeru-invest-120m-in-snow-software.html.
- ↑ "Snow Software reveals complete visibility into Microsoft Office 365 usage and cost" (in en). https://digitalisationworld.com/news/51472/snow-software-reveals-complete-visibility-into-microsoft-office-365-usage-and-cost.
- ↑ Thompson, Martin (2017-06-08). "Jaguar Land Rover save £30m optimising SAP" (in en). https://www.itassetmanagement.net/2017/06/08/jlr/.
- ↑ Cole, Arthur. "Software to Help the Enterprise Discover the Cloud" (in en). https://www.itbusinessedge.com/cloud/software-to-help-the-enterprise-discover-the-cloud/.
- ↑ "Top Small Employers" (in en). http://topworkplaces.statesman.com/top-workplaces-2017/top-small-employers-2017/.
- ↑ Purnell, Friya (2018-09-04). "Software to Help the Enterprise Discover the Cloud" (in en). http://insidesap.com.au/snow-partners-with-akquinet-to-prepare-for-sap-licensing-changes/.
- ↑ "Snow Software Buys Embotics" (in en). https://www.finsmes.com/2019/12/snow-software-buys-embotics.html.
- ↑ "Gartner Magic Quadrant for Software Asset Management Tools" (in en-US). https://www.gartner.com/en/documents/3987747/magic-quadrant-for-software-asset-management-tools.
- ↑ Hein, Daniel. "The 12 Best Cloud Management Software, Platforms and Tools for 2022" (in en-US). https://solutionsreview.com/cloud-platforms/best-cloud-management-platforms.
- ↑ Goodison, Donna (2021-02-01). "The 20 Coolest Cloud Monitoring And Management Companies Of The 2021 Cloud 100" (in en-US). https://www.crn.com/slide-shows/cloud/the-20-coolest-cloud-monitoring-and-management-companies-of-the-2021-cloud-100.
External links
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