Articles from Torii

Today, Torii, the leader in SaaS Management, unveiled Torii Eko—the industry’s first agentic SaaS Management Platform—ushering in a new era of AI-powered execution for modern software management. Torii Eko includes three intelligent in-platform agents: Eko Assist, available today; and Eko Insight and Eko Act, both coming later this year. Together, they deliver context-rich insights and action exactly when and where teams need it.

Torii, the leader in SaaS Management, has unveiled its highly anticipated 2025 SaaS Benchmark Annual Report, exposing the staggering financial and security threats posed by Shadow AI and unchecked SaaS sprawl.

Torii, the SaaS management pioneer, proudly announces its recognition as a Leader in the first-ever Gartner Magic Quadrant for SaaS Management Platforms. Torii believes this acknowledgment underscores their innovative approach and dedication to providing a comprehensive SaaS management platform for IT.

Torii, the SaaS Management pioneer, today announced it has been named the #1 SaaS Management Platform (SMP) provider according to G2’s Winter SaaS Spend and Operations Management reports. Torii's superior ranking comes on the heels of the platform's recent AI releases, empowering IT to easily automate any SaaS management task.

Torii, the SaaS Management pioneer, today announced it is the #1 rated SaaS Management Platform (SMP) vendor according to both of G2’s newly-released SaaS Spend and Operations Management reports. Beating out other industry players, Torii received top customer satisfaction scores in the reports – a testament to the company’s product leadership and customer service.

Torii, the SaaS Management pioneer, today announced the launch of its next generation SaaS Management Platform (SMP), featuring a series of product releases that set a new standard for innovation and extensibility in SMPs. The only SMP powered by generative AI, Torii’s enhanced platform equips bandwidth-strapped IT teams to automate time-consuming tasks, cut SaaS spend, and power quicker, actionable insights. The uniquely open SMP ultimately allows IT pros – and the organizations they work for – to stay on the forefront of SaaS management innovation, tailor-fit Torii to their needs, and create one place to manage all their software.

Torii, creator of the Distributed SaaS Management Platform for IT professionals, today announced its newest report, “State of IT Automation: Breakthrough or Buzzkill?,” which reveals that many IT professionals have been burned by the promise of automation largely due to poorly designed tools (44% of respondents) and a lack of education surrounding solutions (64%). But even though only 13% of respondents have found great success with automation, 92% are still championing it within their organizations - a signal that many still see its potential to eliminate mundane work, deliver consistent, error-free results, and streamline operations.

Torii, creator of the Distributed SaaS Management Platform (SMP) for IT professionals, today announced it is the #1 rated SMP vendor in four G2 Summer 2023 SaaS Management Grid Reports. For the 5th consecutive quarter, Torii received top customer satisfaction scores in the categories of SaaS Operations and SaaS Spend Management for both Midmarket and Overall Enterprises. Businesses rated Torii higher than any other SMP for making it easy for lean IT teams to automate SaaS app and employee lifecycles, and provide company-wide stakeholders with the visibility, insights, and actions needed to reduce spend and risk while improving productivity.

Torii, pioneer of the Distributed SaaS Management Platform, today released its new “Torii State of IT Mind Report.” It revealed that an astounding 99% of IT professionals say they’re fulfilled in their jobs, and 94% feel appreciated by their companies. However, stresses around spend, cybersecurity, and outdated technology keep many up at night. Despite the rising pressure to cut IT costs, 75% of CIO respondents say wasted SaaS spend remains a threat to their company – yet none feel they have good visibility into how much is actually spent on SaaS apps as well as an effective framework for evaluating whether these investments are worthwhile.

Torii, creator of the Distributed SaaS Management Platform (SMP), today announced it is the highest-rated SMP vendor in two new G2 Spring 2023 SaaS Management Grid Reports. Once again, Torii received top customer satisfaction scores for both SaaS Operations and SaaS Spend Management. These results validate Torii’s unique approach, which makes it easy for lean IT teams to automate key operations and equip company-wide SaaS stakeholders with the visibility, insights and actions they need to reduce spend and risk while boosting productivity.

Torii, creator of the world’s only Distributed SaaS Management Platform (SMP), today announced that it has been recognized by Built In as a Top Hybrid Company to Work For. It was also recognized by the Stevie Sales & Customer Service Awards for its outstanding customer success team. These awards exemplify why so many businesses rely on Torii for discovering, managing, and reducing the costs of their cloud applications.

Torii, creator of the world’s only Distributed SaaS Management Platform (SMP), today announced advances that make it easier than ever to manage cloud apps and reduce spend in the digital workplace. Now, IT pros can empower employees throughout the company as app owners and co-managers, easily delegate and monitor key tasks, and drive the speed, collaboration, and transparency needed in today’s dynamic business climate. With its newest capabilities, Torii has turned SaaS management into a team sport.

Torii, creator of the world’s only Distributed SaaS Management Platform (SMP), today announced it earned the 2022 Best in Biz award for Customer Success Team of the Year. Judges awarded the silver medal to Torii for the superior work it does to ensure customers continually gain the most value from the Torii platform. This win comes on the heels of G2’s 2023 Winter Report, where customers once again ranked Torii a leader and top performer for providing the only end-to-end SMP that makes it easy to manage both SaaS spend and operations.

Torii, creator of the #1 Automated SaaS Management Platform (SMP), today released “The State of SaaS At Work Report: Collaboration in a Distributed Workplace.” It reveals that most (60%) IT pros are in the dark when it comes to understanding their cloud app ecosystem, and only a small fraction collaborates with other key teams on controlling costs, securing data, and responding to changing business conditions. It also finds tremendous dissonance between how well IT thinks they’re working with other teams to manage distributed SaaS, and how poorly they actually are.

Torii, creator of the #1 Automated SaaS Management Platform (SMP), today announced results of the G2 2022 Summer Grid Reports, showing Torii’s dominance in lowering the true cost of cloud applications. Torii, once again, led the pack in the two critical areas impacting cost – SaaS Spend Management and SaaS Operations Management – with customers giving Torii the highest overall rating as well as the highest marks for results and usability of any SMP.

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.

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.

Torii, the #1 Automated SaaS Management Platform (SMP), today announced its 2022 SaaS Visibility and Impact Report, revealing that 69% of tech executives believe Shadow IT is a top concern related to SaaS – or cloud application – adoption. The majority of respondents have made exceptions to their SaaS security protocols, with 80% doing so because the applications were adopted outside IT’s purview. To combat these and other SaaS sprawl concerns, 64% are evaluating or planning to deploy SaaS management tools.

Torii, creator of the #1 Automated SaaS Management Platform, today announced it is the highest-rated SMP leader in two G2 Spring 2022 SaaS Management Grid Reports. Torii is the only G2-ranked SMP leader that received top customer satisfaction scores in both SaaS Operations Management and SaaS Spend Management reports. These results validate Torii’s unique holistic approach to SaaS management, which makes it easy for customers to see and act upon multiple, critical dimensions of their cloud app ecosystems.

Torii, the #1 Automated SaaS Management Platform (SMP), today announced it has raised $50 million in Series B financing led by Tiger Global Management, bringing its total funding to $65 million. This latest round comes on the heels of Torii’s hypergrowth. Revenue is up more than 300% year over year thanks to customers like Instacart, Carrier Corporation, Bumble, Athletic Greens, and Palo Alto Networks. Headcount soared 600%. Previous investors including Wing Venture Capital, Global Founders Capital, Uncork Capital, Entree Capital, and Scopus Ventures also participated in the round.