The worldwide enterprise application software market will grow to reach $421B in 2025. And more than 50% of that demand will be met with SaaS solutions. IT cost optimization strategies that aren’t focused on SaaS will be ineffective as Gartner estimates that as much as 55% of SaaS spend is currently wasted.
Effective SaaS management provides IT with visibility into all of the apps that are in use, which employees use them, and what features are being used and not used. With these insights, businesses have the opportunity to optimize up to 55% of SaaS spend across their portfolios.
