Firms waste loads of money on unused software licenses

Companies trying to squeeze more out of their tech resources should look for one big budget sinkhole:

Software they’ve paid for but aren’t using.

Many companies are wasting upwards of $100 per user on unused licenses, according to a recent survey by software vendor 1E.

Of the 500 IT pros from the U.S. and U.K. that were surveyed, more than 87% said their organizations have software licenses that have never been deployed, commonly known as shelfware.

But even the licenses that are deployed aren’t necessarily being used. Four out of five survey respondents believe that each of their organization’s PCs contains more than $100 worth of unused software.

In total, 1E estimates that companies in the U.S. and across the pond waste $15 billion a year on unnecessary software costs.

The caveat: 1E sells application management software that helps companies identify wasted costs.

Still, it’s clear from the results that a lot of money is being wasted, and all organizations would do well to conduct a software audit to eliminate those drains on the budget.