More and more businesses are moving towards tech stack consolidation, a trend two decades in the making. In the aftermath of the dot-com bubble burst, businesses found themselves swimming in an unprecedented abundance of ‘free money’. This windfall allowed many businesses to invest indulgently in technology purchases with the hopes of catalyzing growth and revenue. 20 years later, as the world faces a very different and challenging financial ecosystem, businesses everywhere are beginning to rethink the financial and human capital required to manage these large tech stacks.
The situation can be especially challenging for those who have inherited these outdated tech solutions from employees who have long since left the business, leaving behind a puzzle of costly and disjointed systems. As the pendulum begins to swing in the other direction, strategic businesses are now opting for tech stack consolidation, allowing them to streamline processes while saving money. In fact, Gartner estimates that 94% of sales orgs plan to consolidate their tech stack in the next 12 months.
The Cost of Bloated Tech Stacks
If your business is struggling with an outdated, costly tech stack, you’re not alone. Many businesses have spent years managing disparate revenue applications, countless integration platforms, and expensive customizations for a pieced together system that requires constant upgrades. The weight of this outdated paradigm compounds exponentially when the customized code used to build each tool demands a legion of experts to stay updated. Managing these bloated stacks can be especially difficult for smaller businesses with limited resources. With the age of inexhaustible investor funds behind us, more businesses are seeking to consolidate their tech solutions. Strategic businesses have begun to streamline processes and downsize wherever possible. We built SAASTEPS for this exact reason.
Consolidating to Streamline
I knew there had to be a better way after spending over 20 years in the SaaS and Salesforce ecosystem and seeing businesses struggle with this exact problem. This vision was the genesis for the SAASRAM™ Suite, the first end-to-end revenue management solution that I always wish existed. The future of software has always been a zero-code platform, as evidenced by Salesforce’s CRM. We’ve built on this foundation so that businesses can transform their CRMs into revenue acceleration machines through a single platform that offers seamless integration, automation, and declarative administration. We’ve designed SAASRAM to empower businesses to manage their revenue autonomously and affordably. You’ve tried old SaaS; we hope you’ll try the SAASTEPS way.
What moves has your business made to consolidate your tech stack? What challenges have you encountered along the way?
