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IT Expense and Asset Automation Key to Navigating Economic Turbulence According to New Study From TangoeWith the threat of a recession looming, a new study commissioned by Tangoe, Inc., the leading technology expense and asset management solution for more than 20 years, finds that nearly all (92%) of IT leaders are concerned with the potential impact on their budgets and headcounts just as 83% report growing pressure to deliver more with less. "With cost-cutting measures well underway across organizations of all sizes, having smarter data insights can be helpful in guiding better decision-making and superior optimization," said James Parker, CEO, Tangoe. "Already short-staffed IT teams should be employing more artificial intelligence to automate and understand the expenses - and sprawling network, cloud, and mobile assets - across their hybrid workforces. Getting beneath the surface can uncover new opportunities for cost savings before even considering layoffs." The survey - conducted in partnership with leading independent technology market research firm Vanson Bourne and featuring insights from 500 IT leaders at mid-sized to enterprise-level businesses ($500M-$50B+ in annual revenue) across the US and UK - also found that:
As businesses look to simplify, manage, and optimize their IT operations and spend, nearly all (99%) organizations recognize benefits from outsourcing telecom, cloud and mobile software and services. Furthermore, more than nine in 10 respondents that work with external vendors for mobile, cloud, and telecom management report seeing a clear, positive return on investment (95%, 92% and 91%, respectively). Access "The critical nature of effective expense and asset management in an ever-evolving economic climate" report for additional information on the benefits of outsourcing ITEM processes and other relevant industry trends based on the research conducted by Vanson Bourne by visiting www.tangoe.com/report/cloud-telecom-and-mobile-the-mission-critical-role-they-play-in-businesses-today. For more information on Tangoe, visit www.tangoe.com. About Tangoe: Tangoe is the leading technology expense and asset management solution. Tangoe seamlessly integrates with hundreds of providers globally to deliver the reporting and insights needed by enterprises of all sizes and scales. Fueled by an innovative automation framework and unified customer experience, Tangoe optimizes spend and resources across telecom, mobile, cloud, and IoT. For more information on the power of Tangoe and how it can transform your business, visit www.tangoe.com or connect with the company on LinkedIn and Twitter. About Vanson Bourne: Vanson Bourne is an independent specialist in market research for the technology sector. Their reputation for robust and credible research-based analysis is founded upon rigorous research principles and their ability to seek the opinions of senior decision makers across technical and business functions, in all business sectors and all major markets. For more information, visit www.vansonbourne.com
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