Savings Too Large to Ignore as Global Software Spending Forecast to Hit $332 Billion in 2016

Many organizations can cut spending on software by as much as 30 percent by implementing three software license optimization best practices, according to research from Gartner, Inc. The keys to reducing software license spending are application configuration optimization, recycling software licenses and by using software asset management (SAM) tools.

Hank Marquis, research director at Gartner, said achieving software savings is a complex exercise, but the potential savings are too large to ignore.

“Automated software license optimization is a relatively new discipline and most organizations are at lower levels of maturity”, said Mr. Marquis. “The variety of license entitlements also makes it tough for IT leaders to spot savings, especially in environments with many software publishers and titles. But it’s worth pursuing, as spending reductions contribute directly to the bottom line as gross profit.”

SOURCE: gartner.com