Indeed, today’s SaaS companies use sales methods that make it easy to sign up for free or with a credit card, out of the oversight of IT and procurement. Productivity in modern enterprises is dependent on giving business units the freedom to purchase and access better technology. Up to 50% of an organization’s SaaS estate can operate unknown and be non-centrally managed.īut attempts to control SaaS shouldn't prevent teams from acquiring or accessing superior software.89% of employees still have access to company tools after leaving a company (45% of which had access to sensitive or confidential data).77% of organizations that have adopted SaaS have experienced security incidents directly related to those applications.21% of companies who have been audited have paid more than $1 million in audit true-up costs and penalties.unused, redundant, or excess licenses as well as overpriced vendor contracts. ![]() 30% of SaaS spend, on average, is wasted because of under-used.They are especially untenable given the following statistics: These legacy approaches are no longer sustainable given that SaaS spend per employee has increased 280% over the past five years. Others repurpose old IT asset management tools or use nothing at all. Many companies rely on manually-updated spreadsheets for insights into SaaS utilization, security, compliance, and spend. However, as SaaS portfolios grow, it becomes harder to manage these applications and evaluate their costs and risks. ![]() The technology has overtaken on-premise software installations and has a role in nearly every enterprise operation, process, workflow, and function. Software-as-a-Service (SaaS) has fundamentally changed IT landscapes and is an integral part of today’s application portfolios.
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