Security News > 2023 > July > 53% of SaaS licenses remain unused

Productiv analyzed how nearly 100 million SaaS licenses were used over the last three years - including more than 100 billion app usage data points to produce an in-depth look at pivotal SaaS stats and insights on SaaS growth, spend, consolidation and usage.

SaaS growth continues apace, even as companies improve SaaS spend management.

During a time when companies have been looking closely at cost control, Productiv found that SaaS portfolios still continued to grow 32% between 2021 and 2023 to reach an all-time high: organizations now use 371 SaaS apps on average.

Employees and lines of business continue to purchase their own software outside of IT control at high rates - 51% of SaaS apps in organizations still remain shadow IT - indicating that there is much room for improvement.

However $9.6K per employee will be spent on SaaS apps in 2023 by the average organization, with small businesses paying 49% more per employee than large enterprises, while only 47% of SaaS licenses are used over a 90-day period on average.

Productiv found an 11% reduction in the number of SaaS apps across key categories in 2023, such as project management and recruitment tools, indicating that businesses are focusing on app consolidation.

News URL

https://www.helpnetsecurity.com/2023/07/04/saas-spend-management/