Enterprises are reprioritizing technology spending in the current macroeconomic environment, leading to cautious decision-making and decreased funding. Consequently, the Enterprise Software industry faces significant challenges, with slow revenue growth, increasing operational issues, and declining valuations. Moreover, the shift towards Everything as a Service (XaaS) is leading to a more intricate product portfolio. Add to that the complexity of managing a balance between on-premises and cloud-based products.
To tackle these critical issues, Software and Hi-Tech companies are exploring innovative strategies to optimize costs and drive revenue growth. Download the whitepaper to learn how such companies are streamlining non-core functions and optimizing cost components to sustain growth and profitability.
