As businesses increasingly rely on a multitude of software tools, it's crucial to regularly assess their value beyond mere functionality. Signs that a software tool may no longer be cost-effective include declining adoption rates, minimal logins despite purchased seats, and teams resorting to workarounds or migrating key tasks to other platforms like spreadsheets or communication apps. Proactive value assessments, ideally conducted quarterly, should focus on whether the software still moves key business metrics and supports current workflows, rather than waiting until renewal periods. AI
IMPACT Provides guidance for businesses on optimizing software spend, which can indirectly impact AI adoption by freeing up resources.
RANK_REASON The article provides advice and insights from multiple industry professionals on a business topic, rather than reporting on a specific event or release.
- Brian Greenberg
- Brian Harmison
- CogniwareAI
- Corsica Technologies
- Forbes
- Forbes Technology Council
- Josh Dunham
- Kiran Palla
- Liberty Pixel
- Michal Rahamim
- Patrick Pugh
- PwC
- Securin Inc.
- Srinivas Mukkamala
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