From Chaos to Clarity – The Art of Software License Renewal Management

As enterprises continue modernizing their technology landscape , managing software licenses – which often account for 30–40% of overall IT spend – remains a critical priority. Yet, the complexity and scale of most software portfolios make the renewal process difficult to navigate and optimize .

In our recent LinkedIn Live session, Everest Group experts examined how vendors are making significant changes in software features, pricing models, service agreements, and more ⚙️ – raising critical questions around:

Cost-effectiveness of new quotes
ROI
Customer support coverage
Inclusion of new AI-enabled features
Overall value alignment

The session addressed the key challenges enterprises face during software license renewals and shared proven negotiation strategies to ensure renewals are aligned with market standards.

Attendees joined the live discussion and asked questions in real time.

Highlights included:
• Major challenges during the software renewal process
• ✅ Best practices to effectively manage renewals
• Focus areas for stronger negotiation with software vendors

Missed the session? Watch On-Demand