Viio

Oveo.io, operating under the brand name Viio, is a startup that provides a unified Software as a Service (SaaS) Management and Procurement Platform. The company's primary focus is to help businesses optimize their SaaS stack, essentially the collection of SaaS applications used by a company. Viio's platform offers real-time detection and discovery of every SaaS tool within a company, providing complete visibility and control over the SaaS environment. This helps to eliminate Shadow IT, a term referring to IT systems used within organizations without explicit organizational approval, and SaaS sprawl, which is the unchecked growth of SaaS applications in an organization.

Viio's business model revolves around providing actionable insights, usage and spend reports, employee surveys, and automated workflows to help businesses reduce wasted licenses or abandoned apps, thereby optimizing costs. The platform also offers direct access to a team of procurement experts who handle renewal negotiations or new purchases, allowing businesses to focus on more strategic initiatives.

The company serves a broad range of clients, from small businesses to large corporations, across various industries. It operates in the SaaS market, which is experiencing rapid growth due to the increasing adoption of cloud-based solutions by businesses.

Viio generates revenue through a subscription-based model, where clients pay a recurring fee to access the platform and its features. The company also likely earns additional income from consulting services provided by its team of procurement experts.

Keywords: SaaS Management, Procurement Platform, Cost Optimization, Shadow IT, SaaS Sprawl, Real-time Detection, Automated Workflows, Procurement Experts, Subscription-based Revenue, Cloud-based Solutions.