Cloud Expense Management ROI Analysis for SaaS

This document is a technical report that outlines the return on investment (ROI) associated with cloud expense management specifically for Software as a Service (SaaS) applications. It presents data indicating that over 50% of SaaS expenses are attributed to Shadow IT, with a significant percentage of licenses remaining unused. The report highlights the challenges organizations face in managing SaaS applications without proper oversight, which can lead to security risks and financial waste. It details how the FinOps framework, utilized by the Tangoe One Cloud for SaaS platform, aids in managing SaaS applications effectively, from discovery to procurement and licensing. The report also includes a breakdown of potential cost savings and productivity improvements that can be achieved through better management of SaaS licenses, including reductions in redundant licenses and automation of IT security tasks. Overall, the document emphasizes the importance of comprehensive SaaS management in optimizing organizational resources.