Recognised for helping organisations govern the economics of AI transformation through a unified Technology Economics platform.
Boston: MagicOrange, the technology economics platform that helps organisations govern technology cost, consumption, planning and business value in the age of AI, today announced that it has been named a leader in The Forrester Wave™: IT Financial Management Software, Q2 2026.
The Forrester Wave evaluated eight IT financial management (ITFM) software providers across a range of criteria spanning current offering, strategy and customer feedback.
According to the report, “MagicOrange is a strong fit for organisations seeking modern analytics, speed and ease of use without unnecessary complexity.”
As organisations expand investments in cloud, SaaS and AI, technology costs are becoming increasingly dynamic, consumption-based and distributed across the enterprise.
The need to connect technology spend with business outcomes has elevated financial governance from an operational concern to a strategic requirement.
The report also cited MagicOrange’s anticipation of “the necessity for ITFM platforms to bring in costs outside of technology to effectively govern the full costs and benefits of AI transformation.”
Additionally, the evaluation highlighted that “customers raved about the support they received from MagicOrange,” commenting that it felt as though MagicOrange was part of their team.
“We are delighted to be recognised as a leader in this evaluation,” said David Harding, CEO of MagicOrange.
“As organisations expand investment in cloud, SaaS and AI, understanding the full cost and value of technology has become a strategic challenge. We are particularly encouraged by Forrester’s recognition of our vision for helping organisations govern the economics of AI transformation,” David concludes.
