Did you know that companies in the U.S. are spending $6.6 billion on unused software?! Don’t be one of those companies!
With software vendors increasing their audit frequencies, monitoring software licenses becomes a greater imperative. Companies lose hundreds of thousands of dollars, whether they are fined by the software vendor for using under-licensed software, or whether they have invested in software they never use. According to research by Flexera Software and IDC (2014), the latter is a problem for 96% of U.S. companies.
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A recently published report on The Hidden Cost of Unused Software by 1E provides a deeper insight into the issue of unused software. Its main results are presented in the infographic below.