Companies Are Slashing Their SaaS Spends, UBS Says

Companies are reducing their spending on SaaS, due to economic uncertainties and financial constraints, according to UBS Investment BankConfronted with economic uncertainties and growing budgetary pressures, companies are accelerating the rationalization of their software expenditures, particularly in the area of SaaS subscriptions. A UBS study reveals that almost a third of existing licenses would be under-used, while cost reductions...

Companies Are Slashing Their SaaS Spends, UBS Says

Enterprise software optimization is accelerating as companies face potential budget freezes in 2025, according to new research from UBS reviewed by Slashdot. Following discussions with two leading SaaSOps vendors, analysts report that 21% of organizations cut their SaaS spend last year, with a stagg...