Proven Optics Named Emerging Vendor in Gartner’s 2025 Market Guide for IT Financial Management Tools

Proven Optics, a premier IT Financial Management (ITFM) solution provider, today announced its inclusion in Gartner's 2025 Market Guide for IT Financial Management Tools as an Emerging vendor – a designation given to companies demonstrating active market traction, notable capabilities, and growing customer interest, according to Gartner. This recognition underscores Proven Optics' commitment to delivering innovative solutions that help organizations modernize financial management and make smarter IT budgeting decisions.

According to Gartner’s 2025 Market Guide for IT Financial Management Tools, “CIOs who desire to improve transparency into IT spend, enhance IT finance analytics, or simplify complex budgeting and forecasting requirements should consider ITFM tools. The ITFM tool market continues to grow, driven by CIOs' challenges to optimize spend, justify operating budgets, and secure new project funding. Improved IT financial transparency helps CIOs and IT leaders optimize IT spending, justify investments, and build business cases for new technology.”

Founded in 2020, Proven Optics delivers its Financial Management Application Suite on the ServiceNow platform, offering tailored solutions for enterprise and government customers. The suite is designed to empower IT and finance leaders to automate and modernize financial workflows with scalable, configurable, and user-friendly capabilities. Building on its native ServiceNow integration, Proven Optics has embedded advanced AI capabilities into its suite, including an AI Assistant to automate tasks, an AI Analyst for real-time insights, and an AI Consultant to drive strategic planning. These tools help clients manage costs, identify trends, and align IT investments with business goals using predictive analytics and generative AI. The company’s solutions empower IT and Finance leaders with scalable, configurable, and simple-to-use tools for modernizing financial management functions.

"Our mission has always been to simplify and elevate how organizations manage IT financials,” said William Miller, Founding Partner & Co-CEO of Proven Optics. "To be named an Emerging Vendor by Gartner reinforces the impact our solutions are having in helping CIOs and finance teams navigate today’s financial complexities.”

Proven Optics has experienced strong momentum, bolstered by a majority growth investment from Silversmith Capital Partners in 2022, followed by a strategic investment from ServiceNow in 2023. In 2024, the company acquired CloudGenera, strengthening its cloud financial management capabilities. These strategic milestones have enhanced Proven Optics’ ability to help organizations manage the full spectrum of IT spend – particularly as enterprises face growing pressure to control cloud and AI-related costs and deepen their FinOps practices.

Agnes Lundqvist, Proven Optics Product Owner at Hitachi Owner praised Proven Optics’ tools, “This tool is an enabler for more. It has opened our minds to new possibilities and set the stage for accelerated growth." Hitachi Energy cut their budgeting cycle in half, from six to three months, allowing Finance to focus their time on high-value activities.

"Our continued collaboration with ServiceNow allows us to jointly deliver high-value financial capabilities directly within the platform that many enterprises already use,” added Ben Perkins, Founding Partner & Co-CEO of Proven Optics. "This acknowledgement from Gartner is proof that we’re better together – and we remain committed to driving measurable results for our customers."

To learn more about Proven Optics and its Financial Management Application Suite visit www.provenoptics.com.

About Proven Optics

Proven Optics is a software company that focuses on one thing: Financial Management. Proven Optics helps clients in both IT and finance organizations implement financial management toolsets on the ServiceNow platform, leveraging 20+ years of practitioner experience and 100+ Commercial and Federal implementations. Our solutions enable modernization of financial management functions, providing IT and Finance leaders with the necessary analytics and insights to make better business decisions. For more information or a demonstration of our products, please visit www.provenoptics.com.

Proven Optics is helping you move from simplifying and centralizing your IT financials to supercharging your IT financial decision-making and execution.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.