RedMonocle Employee Directory

Software DevelopmentVirginia, United States0-1 Employees

RedMonocle is a software development company that provides a portfolio management solution for IT software assets. Its enterprise-grade SaaS helps organizations manage complex software sprawl by cataloging and analyzing more than 600 products from over 100 vendors, with a structured view of product capabilities and a normalized taxonomy derived from multiple information sources. The platform offers a KPI-driven analytics dashboard that shows deployment scope, usage profiles, costs, and versioning, and it highlights risk factors such as outdated versions and insufficient functionality. Clients typically operate IT portfolios with large product numbers and substantial software budgets, and they use RedMonocle to identify opportunities for budget savings and licensing optimization. The company is based in Herndon, Virginia, and was founded in 2012 by Sean McDermott, who previously led RealOps, Inc., a company later acquired by BMC Software. A recent development includes the launch of related programs and feature updates designed to enhance the platform’s capabilities for cybersecurity risk quantification and portfolio management.

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