Understanding SaaS Spend Management: Best Practices & Strategies NPI 04.25.24
Enterprise SaaS spending has exploded in recent years. That’s not surprising as SaaS is the preferred software delivery model for most organizations. However, only in recent years has SaaS spending overtaken traditional software investments, with 64.5% of organizations choosing SaaS compared to 34.5% opting for on-premise. Estimates show SaaS revenues are expected to increase to $282.2 billion in 2024 and to $374.5 billion by 2028.