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• Over half of the respondents ( 53 %) reported spending more than 10 % of their annual budget on underused , unmanaged or unaccounted for cloud resources ; 19 % wasted at least 20 %.
• The majority ( 63 %) reported that their organisation experienced unplanned cloud and SaaS expenditures and issues with varying workflow automation maturity .
• Only 29 % of respondents felt that their organisation had mature process automation for software , SaaS and cloud spend governance .
“ IT leaders must reduce spend and optimise resource use to survive the current macroeconomic climate ,” said Arthur Lozinski , CEO and Co-founder of Oomnitza . become abandoned – can keep racking up charges for underlying compute , network and storage resources . Effective process automation capabilities add muchneeded control and optimisation of SaaS , software and cloud investments .”
Additional survey findings
The 2023 Snapshot Survey : SaaS and Cloud Spend Optimisation & Automation – a survey of 213 seniorlevel IT professionals – was independently conducted by YouGov , a global market research and analytics firm . The report provides insight into software , SaaS and cloud resource management , governance and process automation deficiencies . Key findings include :
• Only half of the respondents lost at least 10 % of their annual expenditures on software and SaaS applications , with 17 % losing at least 20 %.
“ This research serves to offer greater insight into quantifying the amount of software , SaaS and cloud expenditure waste . It also underscores the need for enterprises to mature and expand their IT process automation capabilities to improve operational efficiencies . We ’ re living in an era where IT has to do more with less and that cannot be accomplished with manual ticket-based processes .” �
ONLY 29 % OF RESPONDENTS FELT THAT THEIR ORGANISATION HAD MATURE PROCESS AUTOMATION FOR SOFTWARE , SAAS AND CLOUD SPEND GOVERNANCE .
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