INFOGRAPHIC
ENTERPRISES WASTE 10 %+ OF THEIR ANNUAL BUDGET ON SOFTWARE , SAAS AND CLOUD INFRASTRUCTURE
Oomnitza , a leading provider of Enterprise Technology Management ( ETM ) solutions , has announced the results of the 2023 Snapshot Survey : SaaS and Cloud Spend Optimisation & Automation – a survey of 213 senior-level IT professionals – The report provided insight into software , SaaS and cloud resource management , governance and process automation deficiencies .
The research discovered that half of the enterprises wasted more than 10 % of their annual budget on software , SaaS and cloud infrastructure . Furthermore , a third of respondents reported wasting between 10 %– 20 % of their annual application expenditures due to unused , unaccounted or mismanaged SaaS and software subscriptions and licenses .
While many organisations have instituted automated processes to manage SaaS and cloud , the majority ( 54 %) rated their workflows to govern authorised use and licensing of SaaS applications and cloud infrastructure only as ‘ satisfactory ’. Just 9 % of organisations expressed experiencing unplanned spending and budget issues due to immature or nominal process automation maturity .
“ Oomnitza ’ s research underscores the double-sided sword that cloud and SaaS represent ,” said Valerie O ’ Connell , Research Director at EMA . “ Anyone with a credit card can spin up resources .
SAAS AND CLOUD MANAGEMENT
Automation & Spend Optimization
When it comes to managing resources and expenditures , organizations need to streamline and improve processes
50 % of enterprises waste more than 10 % of their annual budget on software , SaaS and cloud infrastructure due to decentralized sourcing and management 1
Scope and Challenge
15-20 %
Increase in annual SaaS spend 2
200 %
Increase in Cloud workloads from 2022 to 2024 3
125
SaaS apps per organization , IT only aware of one-third 2
Expenditure Waste 1
Software / SaaS Cloud Infrastructure
50 % 53 % of organizations waste at least 10 % of their annual software and SaaS spend due to decentralized management spent more than 10 % of their annual budget on underused , unmanaged or unaccounted for cloud resources waste
17 % more than 20 % wasted
19 % at least 20 %
Process Automation Maturity 1
Only |
|
|
29 % |
63 % |
11 % |
of organizations indicated |
of respondents |
of large enterprises |
mature process automation |
experienced unplanned |
reported using mostly |
for SaaS and cloud |
cloud and SaaS |
ad-hoc or manual |
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