Organizations spend a huge amount of money on enterprise software. According to Gartner, global enterprise software spend was $381 billion in 2018, and that number is growing at 8.6% annually. That’s roughly equivalent to the GDP of a country such as Ireland or Malaysia.
The opportunity to optimize this spend is also enormous. By eliminating waste and redistributing software budgets to support strategic business initiatives, IT can accelerate a company’s digitalization agenda, contributing directly to bottom line revenues and growth.