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Joint offering and strengthened partner network will provide customers with more data and capabilities to understand their IT environments, manage cost and reduce riskITASCA, Ill. and STOCKHOLM, Sweden and AUSTIN, Texas , Nov. 28, 2023 (GLOBE NEWSWIRE) Flexera and Snow Software today announced a definitive agreement under which Flexera intends to acquire Snow. Worldwide IT spending could reach $5.1 trillion in 2024, according to Gartner. It is estimated that up to 32% of this spend is wasted. ....
Despite significant efforts to become more efficient with IT budgets, respondents to a new survey report underutilization or wasted IT spending of 36 percent for desktop software, 33 percent for data center software, 32 percent for SaaS and 32 percent for IaaS/PaaS. ....
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