Companies of all sizes deploy multiple SaaS applications, with each part of the organisation utilising their own specialised tools. The average employee works with 8 different applications, with companies on average using 137.
Gartner is projecting that by 2022, global SaaS spending will reach nearly $140 billion — up from just over $100 billion in 2020. The growth comes despite the Pandemic caused economic downturn.
The burgeoning growth in the market is good news for Productiv, a platform created to help companies manage their ever-growing list of applications. “Every company has more SaaS today than they did a year ago. They’re spending more money on it. And more and more of it is getting brought into the organisation outside of IT. So it has been essentially a democratisation of the process where everybody is trying, adopting, bringing things in; and relatedly employee experience is more important than ever,” says Jody Shapiro, CEO and co-founder of Productiv.