Mid-Sized Companies Targeted for Software License Audits


Tuesday, 27 September, 2022

Moving to the Cloud Fails to Alleviate Licensing Issues, Survey Finds

LOS ANGELES — A survey sponsored by LicenseFortress, an independent software asset management company, reveals that mid-sized companies have faced more software license audits in the past three years. Out of the 283 IT professionals surveyed, 69% reported that their enterprise had been audited for software compliance. While small companies had a lower audit rate, 83% of mid-sized enterprises and 77% of large organizations underwent audits. Microsoft conducted audits on 64% of respondents’ enterprises, followed by Oracle (41%) and IBM (27%).

Companies audited by Oracle incurred the highest fees, with 15% paying over $1 million in non-compliance fees. Despite the financial risks, the majority of audited companies did not seek outside assistance and failed to continuously monitor software changes. The move to cloud-based applications and databases did not alleviate compliance issues, with 80% reporting no change or an increase in issues. The survey emphasizes the ongoing financial risk of software compliance audits and the importance of continuous monitoring and external guidance.

Read the press release