Summary
This report analyzes the trends in SaaS consolidation for the year 2023. It presents findings based on an extensive analysis of over 100 billion app usage data points across nearly 100 million SaaS licenses over three years. The report outlines a significant reduction of 11% in the number of SaaS apps per key category, alongside a 2% increase in license usage, indicating a shift towards rationalization and consolidation efforts among companies. It details the evolving landscape of SaaS applications, noting that while the overall trend shows an increase in app usage since 2021, there has been a concerted effort to consolidate duplicate SaaS applications. The report also highlights variances in license usage across different company sizes, with small and medium-sized businesses showing the highest levels of average license usage. Furthermore, it discusses the implications of these trends for businesses aiming to optimize their SaaS portfolios.
