Xensam have announced the launch of their first SaaS Management platform. Leveraging technology, capabilities and features from Xensam’s popular Xupervisor SAM platform, this new standalone SaaS offering meets the rising need for complete visibility, cost control, and compliance across SaaS environments – essential for fast-growing, cloud-native companies as well as enterprises relying on legacy hard-to-operate, siloed SAM solutions.
Enterprises are currently wrestling with increasing IT costs with SaaS spending rising to 15-20% year-on-year reaching $247.2 billion in 2024. This has been accelerated by the rapid adoption of new AI solutions with Gartner predicting that 80% of enterprises will deploy generative AI applications by 2026 – a massive leap from less than 5% in early 2023. Organisations are now managing an average of more than 125 different SaaS applications across the business with a growing amount of subscription spend wasted on redundant or underused software.
Xensam is now making its standalone SaaS management version of its Xupervisor platform available so cloud-native businesses and modern enterprises can detect, map and provide control over the ever-evolving subscription unknown unknowns’.
Oskar Fösker, CEO, Xensam said:
“We are excited to introduce our SaaS Management Platform, a game-changer in how organisations manage their SaaS portfolios. Faced with a tidal wave of new SaaS applications, in part driven by Enterprise’s rapid adoption with a tidal wave of new SaaS applications, in part driven by Enterprise’s rapid adoption of AI, businesses need a robust solution to determine productivity, prevent subscription bloat and ensure real business value from their growing software investments.
Our platform is designed to provide the insights, control and security that the Enterprise needs to unleash productivity gains from their SaaS investments while managing costs efficiently.”
The standalone platform delivers comprehensive visibility of SaaS applications across hybrid IT environments for modern enterprises. Businesses will also benefit from significant cost savings with Xensam’s Active Usage Tracking, which delivers granular insights on SaaS consumption and enables organisations to cancel, or downgrade underutilised and unused SaaS licenses. The platform also mitigates SaaS security risks by illuminating unseen and potentially vulnerable applications and bringing them under the control of the IT department.
The new standalone Xupervisor SaaS management platform can be deployed on any software stack or IT environment, providing devolved ownership and responsibility for SaaS Management across the business with an easy-to-use interface, while ensuring IT has centralised data visibility and maintains full control of provisioning, security and compliance.
Deployment is straightforward, allowing businesses to quickly gain an overview of their SaaS environment, including integrating purchased utilised applications and identifying immediate savings of ‘zombie’ underutilised applications. The platform can be easily tailored to any organisational structure and all business units, so organisations can break silos, rapidly gain control of their software and take immediate steps to reduce costs.
Xensam
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