During 2020, the industry experienced a 35% increase in license and data spend as firms adapted to COVID-19 volatility and the shift to remote working and a sharp rise in cost per license above the normal 2%-5% annual increase as vendors capitalized on the increase in demand.
This explosion in volume and cost presents a significant challenge for budget holders.
How are you dealing with these challenges in 2021? Our trend report provides insights and solutions on how to manage overspending and compliance risk.