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2023 was a tumultuous year with a significant spike in layoffs in the tech sector with a nearly 40% increase from 2022. This is extremely significant as 2022 was already a gigantic year for turnover in the tech industry with the Great Resignation increasing the turnover rate by over 649 percent. So far 2024 cuts have slowed but with ongoing geopolitical challenges, a stubborn inflation rate, and an election year it’s anyone’s guess to how the tech market will react.
These changes are challenging to even the most sophisticated organizations as they create "licensable events" and—when not managed well—can expose organizations to significant cost and risk.
Overlooking SaaS could cost you—and some of your most relevant SaaS providers like Microsoft, Salesforce and ServiceNow are often the most difficult to effectively manage and optimize.
According to Flexera’s 2023 State of ITAM Report, Microsoft, Salesforce and ServiceNow are some of the most relevant SaaS providers that organizations rely on today. And, while companies are getting significantly better at finding realized savings from their SAM programs there is still a lot of room for improvement in audit preparation, audit compliance, vendor negotiation, cost avoidance, and more.
Whether you’re mid-contract or preparing for your renewal, we can help you get the most out of your Salesforce, M365 and ServiceNow subscriptions:
- Identify reclamation opportunities from unused and unassigned licenses
- Optimize subscription types to meet individual and group usage needs
- Mitigate risk from unauthorized use and incomplete offboarding
- Get armed with the right data to plan for and negotiate your renewal from a position of strength
Whether your organization downsized due to the economy, is preparing for a contract renewal, or just looking to better optimize your SaaS spend and mitigate risk, Flexera can help. We’re offering a no-obligation analysis of your Microsoft 365, Salesforce or ServiceNow subscriptions for a limited time. Using our industry-leading Flexera One solutions and team of experts, you can expect results in just a few weeks.