B
Evidence Grade B
Graded
accuracy verified by the review judge
Safe to Cite
Aging
90%
90% -- saas overspend rate for companies buying SaaS (2024)
As many as 90% of companies are overpaying for their SaaS products by as much as 20-30%.
Attribution:
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Lighthouse Research Team
Last verified:
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Source verified
Evidence graded
Value
90%
Unit
Percentage
Data Vintage
2024
Entity
Evidence Quality
B
Strong, reliable evidence
Sourced from a well-regarded research firm or industry leader with transparent methodology and a reasonably large sample.
Single source - not yet corroborated
Score breakdown
Extraction
50
Source Trust
60
Citation Chain
20
Independence
30
Methodology
45
Freshness
95
Source
vertice.one
Primary
Tier C
https://www.vertice.one/blog/software-negotiation-tactics-tips-from-the-experts ↗
Source Article
Software Negotiation Tactics: Tips From the Experts | Vertice Blog
Businesses are spending more on their software contracts than ever before. So much so that Gartner forecasts global SaaS spend to grow by a further 16% in 2022, to a value of $177 billion. After all, as your business, workforce and ambitions grow, the number of licenses and features you require incr…
Original Research
vertice.one
· Original study ↗
Methodology
Range 20-30% overspend noted; Vertice claim, methodology not stated
Methodology documented
Segmentation
Industrymarketing
Cite this stat
Plain Text
companies buying SaaS: 90% saas overspend rate. Source: vertice.one (2024). Via Lighthouse Intelligence -- https://lighthousedata.io/data/companies-overpaying-saas-90pct
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<blockquote cite="https://lighthousedata.io/data/companies-overpaying-saas-90pct" style="border-left:3px solid #2563eb;padding:12px 16px;margin:16px 0;font-family:system-ui,sans-serif;background:#f0f4ff;"><strong>90%</strong> -- saas overspend rate for companies buying SaaS<br><small>Source: vertice.one (2024) · <a href="https://lighthousedata.io/data/companies-overpaying-saas-90pct" target="_blank" rel="noopener">Lighthouse Intelligence</a></small></blockquote>
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