License Dashboard Partners with Binadox to Prevent Out-of-Control SaaS Costs

December 2018; License Dashboard, the UK based Software Asset Management technology vendor, has today announced a partnership with Software as a Service (SaaS) licensing management provider Binadox. This new partnership will enable License Dashboard’s clients to track and manage SaaS applications from within their License Dashboard application, helping to reduce software budgets even further by optimizing employees’ SaaS usage. Furthermore, by gaining detailed insights of all the SaaS applications being used across the organisation, License Dashboard users will be better positioned to root out and eradicate instances of “Shadow IT”.

By combining Binadox’s SaaS usage data with License Dashboard’s on-premise software insights (across desktops and servers), License Dashboard users benefit from the complete picture of software usage across the organisation, helping them to reduce the time and effort they spend managing licenses and spending more time on optimising software spend.

Binadox’s platform identifies SaaS applications used in an organisation and provides detailed insights and statistics, discovering SaaS underutilization and detecting “Shadow IT”. By integrating with the License Dashboard technology platform, Binadox offers various SaaS management and discovery methods by offering a combination of not only API and Single-Sign-On but also Proxy or Endpoint-based SaaS discovery and management. This enables License Dashboard users to capture mature API SaaS apps as well as detecting non-API based applications and gathering more granular data.

SaaS remains the largest segment of the cloud market, with revenue expected to grow 22.2% to reach $73.6 billion in 2018. Gartner expects SaaS to reach 45% of total application software spending by 2021.

License Dashboard General Manager David Chamberlain said, “The discovery and management of SaaS applications has become an increasing priority for our partners and customers. Our partnership with Binadox and the ability for our License Manager tool to connect to any source of inventory data will provide our end users with the information they need to optimise their SaaS investments and improve IT procurement planning, as well as enhancing the value that an effective SAM programme already delivers.

“We work with many organisations who are currently planning or delivering a switch to cloud infrastructure. Our partnership with Binadox will help to further simplify this process and ensure customers are aware of all the applications in use across their network.”

“The integration capabilities of License Dashboard greatly complements with Binadox’s SaaS management and discovery capabilities,” said Michael Kholodenko, Chief Product Officer and co-founder of Binadox.

“Binadox is committed to providing end-users with a complete value proposition. By combining License Dashboard’s detailed on-premise insights with Binadox’s SaaS management, discovery and optimization capabilities in the cloud, customers really do benefit from a winning SAM solution.”

Ben Eagling

Ben Eagling

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