NEW YORK--(BUSINESS WIRE)--Torii, creator of the #1 Automated SaaS Management Platform (SMP), today announced that it swept the IT World and the Golden Bridge Awards with five trophies for its breakthrough solution and market leadership. Both programs recognize the unique role Torii plays in empowering businesses to thrive in a decentralized, cloud-first world.
“Cloud applications set the foundation for a new way to work. The recent push to remote work sealed the deal, upending traditional IT roles and empowering anyone to acquire and use SaaS applications. In this decentralized world, businesses no longer know what apps they have, who’s accessing their data, and how much money and time they’re spending – and wasting,” said Uri Haramati, CEO and co-founder of Torii. “Torii is the only solution that attacks these problems head on and makes them easy to resolve. Torii reveals all this information, and more, about every single cloud app and user, and makes it simple to take automated corrective actions. These IT World and Golden Bridge awards validate the importance of our solution as companies struggle with SaaS management and look for better ways to manage costs.”
Torii was honored with the following awards:
IT World:
- Gold for Best Enterprise IT Products & Services
- Silver for Hot SaaS Company of the Year
Golden Bridge:
- Gold for Best Asset Management Innovation
- Silver for Best Cloud Computing/SaaS Innovation
- Silver for SaaS Startup of the Year
Torii built the only automated SaaS Management Platform. Unlike other tools, Torii lets customers discover every single SaaS application in their organization in real time, including those procured outside of, and unknown by, the IT organization (Shadow IT). With Torii’s advanced workflow engine, customers easily automate even the most complex tasks including SaaS licensing and contract management, spend optimization, onboarding, offboarding, application comparisons, risk evaluation, and more. Torii’s solution fills a critical market gap, making it easy for companies to manage and optimize all their SaaS applications. This has propelled Torii’s impressive 300% year-over-year revenue growth with enterprise and SMB organizations across the board.
These awards come on the heels of Torii’s recent Stevie American Business Award for Best Cloud Application Service.
About Torii
Torii is the #1 Automated SaaS Management Platform (SMP) for today’s increasingly distributed, decentralized businesses. Unlike conventional tools, Torii empowers an organization’s entire business to come together around their cloud apps and stay in perfect sync as their tech stack evolves. This accelerates innovation while eliminating millions of dollars in wasted licenses, hundreds of hours spent on manual operations, and protecting sensitive data flowing through known and Shadow IT apps. Torii’s customers include Carrier Corporation, Instacart, Bumble, Athletic Greens, Palo Alto Networks, and Payoneer. Torii is backed by leading venture capital firms including Tiger Global Management, Wing Venture Capital, Global Founders Capital, Uncork Capital, Entree Capital, and Scopus Ventures. Learn more at www.toriihq.com and follow on Twitter @Torii_hq or LinkedIn.
