Xensamhas announced the launch of a standalone SaaS Management platform. Its Xupervisor SAM platform is easy to use and identifies the true state of any company’s hybrid software environment. This latest product takes things a step further.
The SaaS Management detects all SaaS subscriptions in use across the organisation, whether known or unknown, i.e. shadow IT. The platform understands over 100,000 SaaS business applications. It uses AI-powered agent-based URL tracking to track applications, which does not require a browser extension.
The outcome is that businesses can better understand what software is in use across the organisation. They can track active usage and identify inactive usage, enabling organisations to optimise SaaS spending. The standalone application will deliver visibility, cost control, and compliance across SaaS environments.
Oskar Fösker, CEO of Xensam, said, “We are excited to introduce our SaaS Management Platform, a game-changer in how organizations manage their SaaS portfolios. Faced with a tidal wave of new SaaS applications, in part driven by Enterprise’s rapid adoption of AI, businesses need a robust solution to determine productivity, prevent subscription bloat and ensure real business value from their growing software investments.
“Our platform is designed to provide the insights, control and security that the Enterprise needs to unleash productivity gains from their SaaS investments while managing costs efficiently.”
Why this matters
IT costs on SaaS are increasing. The Vertice SaaS Inflation Index 2025 edition indicates that by the end of 2024, over $220 billion will have been spent on SaaS solutions globally. This is an increase of 27% for each employee compared to the previous year.
Earlier in 2024, Gartner predicted that SaaS spending would grow 20% to $247.2 billion in 2024. Looking forward, Fortune Business Insights estimated that the market will grow from $315.68 billion in 2025 to $1,131.52 billion by 2032 at a CAGR of 20%. Regardless of the actual figure, organisations are facing increasing bills.
Additionally, the adoption of AI-powered software is expected to surge. Gartner estimates that “by 2026, 80% of enterprises will have used generative AI APIs or models, and/or deployed GenAI-enabled applications in production environments, up from less than 5% in 2023.”
The rise of Agentic AI is also introducing new cost structures, with digital employees also having an impact. Gartnerpredicts that by 2028, 33% of enterprise software solutions will include agentic AI. It is unclear how they will be priced.
These new technologies are likely to increase the usage of SaaS solutions, both approved and shadow IT. It is also likely to increase wastage with unused or underused software.
The rising costs of existing software and the introduction of new software mean that enterprises must find a way to monitor and control this spending in the future. Already, enterprises have, on average, more than 125 different SaaS applications across the business.
What the SaaS Management platform delivers
The new platform delivers five key capabilities to help organisations manage their SaaS estate.
- Complete SaaS Visibility. The platform detects what software is in use, and what is being purchased, by whom and at what cost. It is, however, unclear how it achieves this.
- Proactive Cost Optimisation. The platform tracks usages against licensing, identifying where licenses exist but or not used or are underused.
- Compliance and risk mitigation. With several vendors conducting audits of software usage, the platform enables businesses to be confident about their software estate and avoid any unwanted surprises. The platform also enhances control over software provisioning and usage to ensure cybersecurity, data privacy, and effective data management. It can also alert if an application is a security risk.
- Simplified Reporting. The platform generates actionable reports that translate SaaS spending, usage, and compliance data into strategic insights. They deliver the right information to IT and Procurement, enabling to get visibility and improved control over spending. Procurement can consolidate licensing and negotiate volume discounts, for example.
- Streamlined SaaS Renewals & Vendor Management. With a granular understanding of when renewals are scheduled, the platform provides alerts with notice of upcoming renewals. Organisations can plan and negotiate in advance whether they wish to terminate a license or renew, aligning strategic goals with budgets.
Xensam claims that organisations can deploy the SaaS Management Platform on any software stack or IT environment. The platform enables distributed ownership while ensuring IT maintains centralised visibility and control. With an easy-to-use interface delivering a great user experience, onboarding and time to value are short.
Once installed, organisations can quickly report on inactive licences, delivering reporting across any organisational structure, enabling the central procurement or IT team to consolidate licensing and negotiate volume discounts.
Enterprise Times: What does this mean?
Xensam’s new solution evolves its Software Asset Management solution into one that not only monitors but also provides real value quickly for organisations. Where organisations expand and contract frequently, it provides a means for IT teams or procurement to take action and mitigate any increases in Saas costs. It will help ensure that organisations only pay for what they use and what they intend to use.
Organisations interested in taking a deeper look can book a virtual demonstration with Xensam’s Solution Specialist, George Marian. These are free to sign up here.
