It was founded by Red Hat as a community project in 2014, and forms the basis for its CloudForms product.

[1] One co-founder, Oleg Barenboim, had previously been lead architect at Novadigm, and became ManageIQ's CTO.

[5] In 2012, ManageIQ was based in Mahwah, New Jersey and specialized in virtualization and cloud management tools.

[2] When it was acquired, ManageIQ referred to both the company and its proprietary cloud management program of the same name.

[8] When Red Hat released the ManageIQ, Inc. code under the CloudForms product name, it replaced the previous implementation based on the Deltacloud and Aeolus projects.

The type of inventory depends on the provider, for example in the case of VMware vSphere it will be virtual machines, hypervisors, and other relevant elements.

It will also discover relationships between the elements, for example, the fact that a virtual machine runs on a hypervisor, and listen for events.

If configured to do so, ManageIQ will also capture metrics like CPU and memory usage on the discovered inventory.

The appliance is based on the CentOS operating system, and includes an embedded PostgreSQL database.