Shadow IT Accounts For More Than One-Third Of Enterprise Apps: Report
CIODIVE, April 4th, 2023
Businesses still struggle with visibility and governance of SaaS and software spend. Enterprises with more than 10,000 employees add an average of 12 new SaaS applications every 30 days, the latest sign of ongoing challenges in software spend governance, according to a recent Zylo report.
Governance challenges won't deter enterprise plans to continue investing in software and SaaS applications. But if businesses want to get the most out of their purchases, tech leaders must address visibility issues.
Wasted spend typically comes from oversubscription, unused subscriptions or some combination of the two, according to Brian Adler, senior director of cloud market strategy at Flexera and governing board member on the FinOps Foundation Governing Board.