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  • A significant portion of US corporate software spending is going to waste.

    Companies are now spending close to $10,000 per employee per year on software costs in the US. Meanwhile, ~33% of these software purchases are never used. At a company with 1,000 employees, unused software alone can represent more than $3 million in annual waste. As software becomes a larger share of corporate spending, managing these costs is quickly becoming a major source of margin improvement. Software spending cuts are likely coming soon.

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    A significant portion of US corporate software spending is going to waste.