Torii SaaS Management Platform Grabs Medal for Most Innovative, High-Impact Solution

Torii, creator of the #1 Automated SaaS Management Platform (SMP), today announced it was named 2022 Best Cloud Application Service by the Stevie American Business Awards. The judges awarded the silver medal to Torii because it’s the only solution that makes it easy for decentralized businesses to manage and get the most value from their SaaS applications.

“The business world has fundamentally changed. Cloud applications are the new workplace, and anyone can subscribe, integrate, and manage them. This tectonic shift to decentralization and Shadow IT has put companies in the dark. They don’t know what apps they have, how much time and money they waste on SaaS tasks and licenses, and what security risks they take,” said Uri Haramati, CEO and co-founder of Torii. “Torii is designed for the distributed, cloud-powered world. It’s the only solution that solves Shadow IT at its core and provides an all-in-one platform for all SaaS management use cases. It’s wonderful to have Stevie experts validate the urgent need for SaaS management and recognize Torii as the ideal solution.”

Torii pioneered the first and only automated SaaS Management Platform. Unlike other tools, it lets customers discover every single SaaS application, including Shadow IT, in real time. And with its advanced workflow engine, customers easily automate even the most complex tasks related to SaaS license and contract management, spend optimization, onboarding, offboarding, application comparisons, risk evaluation, and more.

More than 230 IT professionals worldwide participated in the process to select this year’s Stevie Awards winners. In the judges’ own words, this is why Torii was chosen out of all types of cloud application services on the market:

• “SaaS sprawl is a legit problem for IT teams today. It is impossible to know who has access to what applications and whether they need to continue to have access. Torii will help them gain holistic visibility across all of SaaS and ensure the right guardrails are in place so that the right users have access to the right applications.”

• “Torii stands out for helping users discover 2x more apps than any other SaaS management platform. Torii directly and deeply integrates with nearly double the number of SaaS apps than competitors, enabling more and better insights.”

• “This is a great product with proven success metrics of saving individual customers more than $1 million a year on unused SaaS licenses and cutting hours spent on manual IT tasks by at least 75%.”

• “Torii has impressive growth and widespread adoption, including among very big-name customers.”

This Stevie award comes on the heels of Torii’s recent G2 ranking announcement, where Torii was the only G2-ranked SMP leader that received top customer satisfaction scores in both SaaS Operations Management and SaaS Spend Management Spring 2022 reports.

To learn more about why Torii won this Stevie award, check out this blog.

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.

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