Companies spending too much on SaaS could cost them more than just money

Image for article Companies spending too much on SaaS could cost them more than just money
News Source : TechRadar

News Summary

  • The explosion of software tools across every function, only exacerbated by AI, has quietly created a gap between what companies think they're managing and what they're actually managing.
  • Recent data shows organizations use an average of 112 SaaS applications, with large enterprises using up to 447 different tools.
  • When every department acts like its own startup, you end up with a technology Frankenstein that nobody can control or understand.
  • When 40% of IT spending happens outside formal oversight, that's not innovation.
  • That's broken processes.
Walk into most organizations today and ask what theyre spending on SaaS. Odds are, no one can give you a confident answer. Not because they dont want to, its because no one actually knows.Ask a [+9836 chars]

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