Getting Rid of Shadow IT with SaaS Spend Management Tools
Yonas Beshawred
While SaaS tools have greatly improved development and organizations for the better, the continued growth in platforms and apps has led to app sprawl. Annual market trends are reinforcing the obvious, ever-increasing expansion within organizations on SaaS and open source tools.
This influx requires spend mitigation and consolidation to ensure organizations are effectively empowering their engineers and managing the costs. Private StackShare for Teams compliments SaaS Spend Management tools by unearthing the open source tech stacks and shining light on tool redundancies, version discrepancies, and underutilized or even unused assets.
SaaS and Open Source Management Landscape
In April 2021 shared that the annual SaaS market growth rate is projected to increase nearly 21% this year. As organizations and teams expand SaaS and Open Source tech stacks, application management will also continue to bloat and into access, permissions, versions, and use frequency will diminish.
