How to stop overspending with SaaS license management

SaaS software as a service concept with hand pressing a button.The saying “use it or lose it” is usually a warning. However, in the world of Software as a Service (SaaS) licenses, it’s a philosophy for financially savvy business and IT leaders.

One analysis of 6 million customer devices found that employees didn’t utilize nearly half of the installed software and licensed SaaS apps, according to a 2023 report from the software supplier Nexthink. In a similar vein, the summary of an infographic published by Gartner in 2021 states that 25 percent of SaaS applications “will be underutilized or overdeployed.”

If your business relies on these solutions, you could unknowingly devote a significant amount to SaaS each month without any return on investment. Approximately 24 percent of software spend in the public cloud is wasted, according to Flexera’s 2024 State of the Cloud Report.

How can you ensure you aren’t losing a considerable chunk of change every month to applications your team doesn’t actually use? SaaS license management can help you identify and eliminate unnecessary expenses.

What is SaaS license management?

SaaS license management is a type of software asset management focused on cloud services and solutions, according to ServiceNow. It offers greater visibility into SaaS usage and can shed light on issues such as

  • Shadow IT deployment
  • Underutilized or unused applications
  • Security and compliance problems
  • Redundant apps
  • Missed opportunities for discounts

With a comprehensive review of your licenses, you can contain costs by identifying any that are inactive, unneeded, or not optimized in terms of features the end user requires for their role.

However, if you’ve deployed multiple SaaS solutions, managing them can take a considerable amount of time and energy. Seventy-eight percent of cloud decision-makers name managing software licenses as one of their top cloud-related challenges, according to Flexera’s 2024 State of the Cloud Report.

If your in-house IT staff is already stressed and overworked, you can save time and contain costs by working with a third-party provider for cloud and SaaS licensing services.

Why outsource SaaS license management services?

Our team has over 20 years of IT experience and can help tackle license procurement and management for your business. Stop devoting valuable hours to licensing and let us do the heavy lifting. We’ll make sure you aren’t overspending while making life easier for your internal IT team.

We offer licensing services for

  • Microsoft
  • Amazon Web Services (AWS)
  • LionGuard
  • Perimeter81
  • Datto
  • SentinelOne
  • Carbonite
  • SkyKick
  • CrowdStrike
  • Kaseya
  • Symantec
  • Vade
  • Veeam
  • VMware

Visit our cloud and SaaS licensing services page for additional information.

To see an example of our work, check out this case study: Networking Solution Provider Uncovers Significant Potential Savings Through Microsoft Licensing Audit. The audit revealed potential savings of more than $20,000 per year.

Take the first step toward SaaS licensing optimization today by calling 877-599-3999 or emailing sales@stratospherenetworks.com.

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