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