Company Research Report: Zylo
Company Overview
Name
- Zylo
Mission of the Company
- To empower customers to unlock the full value of their SaaS investments by controlling spend, managing risk, and improving the employee experience.
Founded
- Founded in 2016.
Founders
- No information is available.
Key People
- Eric Christopher, Co-founder & CEO
- Ben Pippenger, Co-founder & Chief Strategy Officer
- Cory Wheeler, Co-founder & Chief Customer Officer
- D. Wayne Poole, Chief Operating Officer
- Jason Leet, Chief Financial Officer
- Meredith Albertson, Chief Marketing Officer
- Tim Horoho, Chief Technology Officer
- Courtney Shaffer Lovold, Chief Revenue Officer
- Ellen Nielsen, Senior Director of Talent
Headquarters
- No information is available.
Number of Employees
- No information is available.
Revenue
- No information is available.
Known For
- Zylo is known for being the leading SaaS Management platform providing services to discover, optimize, and govern SaaS applications.
Products
Discover All Your SaaS with AI
- Description: AI-powered categorization and inventory system.
- Key Features: Comprehensive SaaS discovery, automated inventory tracking, risk reduction.
Control and Optimize Licenses
- Description: Track entitlements, adoption, and usage.
- Key Features: License usage analysis, optimization recommendations, application rationalization.
Manage Spend and Renewals
- Description: Monitor and manage SaaS spend and renewals.
- Key Features: Renewal alerts, spend benchmarking, centralized contract management.
Recent Developments
New Products Launched
- Zylo Discover: Industry’s first standalone SaaS discovery & inventory solution.
- Usage Connect: New standard in enterprise SaaS management visibility.
New Features Added
- Savings Center: AI-powered functionality to quantify cost savings.
- App Overview: Feature to uncover software savings opportunities.
Partnerships
- Netskope: Joint effort to better identify and understand security risks lurking in SaaS.
Customer Success Examples
Adobe
- Outcomes:
- Unlocked $60M in SaaS savings.
- Identified and categorized over 2,600 apps.
- Saved over 10,000 hours annually.
ModMed
- Outcomes:
- Drove operational excellence and million-dollar savings with SaaS License Management.
Versapay
- Outcomes:
- Saved 16% in the first year working with Zylo.
- Reduced SaaS wastage by 10%.
Case Studies
Talkdesk
- Key Outcomes:
- $350,000 in annual savings.
- Improved collaboration between IT, procurement, and business units.
- Nearly immediate ROI, with the service paying for itself in three weeks.
Showpad
- Key Outcomes:
- Identified opportunities to save €500,000 in SaaS spend.
- Avoided an unnecessary renewal within the first week of implementation.
Coupa
- Key Outcomes:
- Lowered cost per user by 9-30%.
- Reduced the number of SaaS applications from 600 to 400.
Summary
Zylo has cemented itself as a leader in the SaaS Management space by continually innovating with new products and features that address critical needs in SaaS governance, optimization, and risk management. With a strong executive team and success stories from major clients, Zylo drives significant financial and operational efficiencies for its users.