RedMonocle is a cloud based IT portfolio management system that provides predictive and real-time analytics to help businesses across all sectors track costs, redundancies, performance, and more. It allows users to generate custom dashboards and reports to identify gaps in coverage, eliminate redundancies, and better align investments across IT tool portfolios. Businesses can identify tools that have potential to be optimized, eliminated, consolidated, or replaced in order to optimize utilization and costs. With RedMonocle businesses can gain real-time visibility into their current IT infrastructure and assess how well each tool is meeting their business needs. Reports can be generated on metrics such as portfolio efficiency, portfolio health, annual spend, c...