trwersd Challenges Created by the Rise of SaaS

Software-as-a-service (SaaS) has overtaken on-premise software deployment

Challenge: Moving from SAM to SaaS

Businesses that have previously relied on software asset management (SAM) strategy may be challenged by the transition to SaaS-based tools . SAM has been long established as a core business competency for legacy enterprises to avoid license audit inaccuracies, uncover potential cost savings, and increase utilization. But the now widespread ability to purchase and implement SaaS often extends beyond SAM capabilities. The growing use of SaaS has created a software ecosystem that’s less visible and more difficult to optimize relative to SAM.

The ability to create a continual discovery process

As SaaS spending grows, wrangling financial accountability for SaaS transactions now represents the most immediate need for many businesses. Zylo data shows that the average enterprise business’ total investment in SaaS now represents spending of $10,000 or more per employee. How has relatively affordable SaaS gotten so expensive? Cumulatively, unmanaged SaaS purchases and unplanned acquisition can lead to sizable impacts on the bottom line, including multiple fold increases to software budgets. Frequently, this cost is obscured by lack of clear attribution of ownership and undefined acquisition policies. And, as mentioned above, the value of SaaS tools becomes diminished when users don’t fully utilize the applications.

Improved security through visibility

SaaS applications frequently contain customer, financial, and business data. A SaaS management strategy that focuses on identifying these vulnerabilities and prioritizing risk mitigation efforts can improve the organization's overall security posture.

Data for forecasting for growth

A key outcome from identifying SaaS applications, discovering actual cost, and tracking utilization is the ability to forecast for future software needs.

Workplace Platform

As SaaS spending grows, wrangling financial accountability for SaaS transactions now represents the most immediate need for many businesses. Zylo data shows that the average enterprise business’ total investment in SaaS now represents spending of $10,000 or more per employee. How has relatively affordable SaaS gotten so expensive? Cumulatively, unmanaged SaaS purchases and unplanned acquisition can lead to sizable impacts on the bottom line, including multiple fold increases to software budgets. Frequently, this cost is obscured by lack of clear attribution of ownership and undefined acquisition policies. And, as mentioned above, the value of SaaS tools becomes diminished when users don’t fully utilize the applications.

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