Where does all of this leave your existing software estate? Slowly, but surely, moving to the cloud. But, companies are changing how they view their move to a SaaS or IaaS-based model, in terms of financial management and consumption visibility.
“The challenges facing businesses who are on their way to the cloud, in the cloud or not even considering the cloud are very different, and increasingly businesses will be looking to partner with solution providers who understand their needs regardless of where they are in their cloud journey.” - Dieter Schlosser
According to Mike Gersten, the entire estate from on-premises to the cloud – is attracting the attention of the executive board more than ever today and in the future. Software is the backbone of business now and one company he recently met with spends approximately $1 billion annually on software. Recent analysis showed nearly 25 percent of that is wasted – a quarter of a billion dollars obviously impacts the bottom line.
“Organizations that can help customers gain visibility into their spend, streamline the lifecycle of software from requirement to retirement, procure at the best prices with the best subscription or licensing models, and manage entitlements, inventory and consumption to both right size investments and avoid risk are in an optimal position as we head into 2019.” – Mike Gersten