Technavio Research Report Confirms MDSL as Global Telecom Expense Management Leader
Jan 30, 2013 (M2 PRESSWIRE via COMTEX) --
London, New York, Paris, Gothenburg, Tokyo and Hong Kong - MDSL, the leading provider of global Telecom Expense Management (TEM) Technology Lifecycle Management and Market Data Management (MDM) solutions was today named as one of the four main global TEM players in its Global Telecom Expense Management Market 2012-2016 research report.
TechNavio's analysts forecast the Global TEM market to grow at a CAGR of 17.7 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increase in wireless expenses. Other trends noted in the report include the move towards greater consolidation: "The Global Telecom Expense Management market has also been witnessing the increase in acquisitions. However, the lack of awareness could pose a challenge to the growth of this market".
TechNavio's report, "The Global Telecom Expense Management Market 2012-2016", has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Telecom Expense Management market landscape and its growth prospects in the coming years together with a discussion of the key vendors operating in this market.
Ben Mendoza, MDSL CEO and founder, commented: "We are very pleased to be recognized by Technavio's analysts as one of the leading TEM providers. Technavio's observations about the increase in size of the wireless market match our own experience of the last 12 months. With Mobile Device Management (MDM) now seen as a 'must have' function for all enterprises, the 50% or more of organizations that are still undecided may be spurred by this report to act".
MDSL will be demonstrating the latest version of its TEM Vision solution at the AOTMP show in Orlando February 11-14. TEM Vision is the highly successful entry level product in the MDSL Smart TEM suite of Telecom Lifecycle Management (TLM) solutions, which has proved popular since its launch last year with telecom managers on both sides of the Atlantic. The latest version offers a range of new features, including significantly enhanced data manipulation and visual reporting capabilities, all designed to make it quicker and easier for managers everywhere to answer the four basic cost management questions: how much did I spend, where did I spend it, what did I spend it on and who spent it
MDSL is the market leader in international Telecom Expense Management (TEM) and Market Data Management solutions with offices in New York, London, Paris, Gothenburg, Tokyo and Hong Kong. The company features in the Gartner TEM Magic Quadrant, is short-listed for the Forrester TEM Wave and is one of very few providers to carry ISO 27001, ISO 9001 and Safe Harbor certification.
Established in 1995, MDSL's award-winning solutions assist enterprises around the world to manage their communications and market data costs more efficiently, and achieve significant cost savings on a global scale. With a range of software and services covering the full life cycle, from procurement to invoice reconciliation, MDSL currently manages over $6.5 billion of technology expenses annually. More than 150 customers in over 34 countries trust the company's solutions to deliver tangible and measurable benefits to their bottom line.
MDSL is a member of the TEM Industry Association (TEMIA), was rated top international TEM provider in the most recent AOTMP customer satisfaction survey, is ranked in the Top-25 UK businesses in the Sunday Times International Track 100 list and features in the Sunday Times Tech Track 100 list.
For more information on MDSL, visit www.mdsl.com or contact Bill Boyle, WHB Communications, on +44(0)7909 954 991 or email firstname.lastname@example.org.
For more information on AOTMP, visit www.aotmp.com.
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