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Next Generation Software Asset Management

Next Generation Software Asset Management

ServiceNow
Published by: Research Desk Released: Feb 06, 2020

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.