A new report has uncovered the alarming figure that businesses are wasting every year on unused software licenses.

Surveying six million customers spanning nine industries across 12 regions. Nexthink looked at over 30 popular software tools and uncovered that 50% of all licenses were not being used.

The cost for the unused licenses alone was said to be putting a $45 million drain on the companies every single month, which each year adds up to almost $537…

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